BryteBridge Knowledge Center:
startup expenses

Deducting Startup costs of a 501(C)(3) Nonprofit

Can the organizers of a newly formed 501(C)(3) take a tax deduction for personally paying the organization’s expenses during its first year in operation?

Knowledge Center (2)

- 501(C)(3) FAQs (1)

- 501(C)(3) General Knowledge (1)