Since not-for-profit corporations are exempt from federal income taxes, they are not defined as employers under the federal income tax withholding law.

Name: Since not-for-profit corporations are exempt from federal income taxes, they are not defined as employers under the federal income tax withholding law.
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Quizplus · Accepted Answer

This statement is false. Not-for-profit corporations are defined as employers under the federal income tax withholding law, regardless of their tax-exempt status.

Since Not-For-Profit Corporations Are Exempt from Federal Income Taxes, They