Non-Profit Corporations, Companies, and Associations.
Non-profit Corporations, Companies and Associations are just like normal ones–with a twist. Contributions to these entities and associations, formed for charitable, educational or other tax-exempt purposes, can provide donors with a deduction against their taxes. Profits to the entities themselves likewise are not taxable.
Proper formation requires submission of documents which prove to the IRS that the corporation performs work appropriate for a non-profit entity.
Consult with the Atlanta Business Attorney to learn more.