A non-profit social service agency may qualify for tax-deductible contributions under which of the following?

Question

Quizplus · Accepted Answer

Non-profit social service agencies typically qualify for tax-deductible contributions under IRS Code 501(c)(3), which is the tax code section for charitable organizations. The Hatch Act is a federal law that limits the political activities of civil servants, and the Conable election is a provision of the tax code for retirement savings plans. Charitable contributions are generally tax-deductible, but the organization receiving the contributions must meet certain criteria, such as being a qualified charity under the tax code.

A Non-Profit Social Service Agency May Qualify for Tax-Deductible Contributions