Solved

What Is the Primary Difference Between a 501(c)organization and a 527

Question 57

Multiple Choice

What is the primary difference between a 501(c) organization and a 527 organization?


A) There is no difference.
B) A 501(c) can spend only a portion of its budget on political activities, but a 527 can spend as much as it wants.
C) A 501(c) can spend money only on advertising, while a 527 can only make donations to candidates.
D) The money given to a 527 is tax deductible, while the money given to a 501(c) is not.
E) A 501(c) group is not regulated by the government, while a 527 group must answer to both the Federal Election Commission and the Internal Revenue Service.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents