The Potentially Lethal Side-Effect of Benzocaine. Benzocaine is a local anesthetic commonly used as a topical pain reliever. You can also find it in cough drops, throat sprays, and gels or liquids used for teething and canker sores (cold sores). However, you need to be careful when using these products, especially on children.
Share on Facebook. Nonprofits that qualify as Section 501(c)(3) organizations need not pay federal unemployment taxes. However, in most cases they must pay state unemployment tax, unless they choose the alternative payment option discussed below. State unemployment taxes can be a real burden.
Nonprofit corporations must submit their financial statements, which include the salaries of directors, officers and key employees to the IRS on Form 990 as mentioned above. Both the IRS and the nonprofit corporation are required to disclose the information they provide on Form 990 to the public.