For example, project location. may be dictated by the site of natural resources or the importance of. accessing transport links or markets. The choice of production tech-. nologies may also be limited to those already proven and cost-. effective.
NONPROFITS KEEP EYES ON MINIMUM WAGE INCREASES. By Brigid OâLeary. After much discussion nationwide, minimum wage is going up in two states â California and New York â with a 2023 deadline for employers in California to pay employees at least $15 per hour.
Tax Exemption for Nonprofits. Forming a nonprofit corporation with your state does not automatically qualify you for federal tax exemption with the IRS. Once you have created your nonprofit by filing the necessary documents with your state, if you want federal tax exemption, you must file a separate application with the IRS. This application is often referred to as the 501(c)(3) application since that is the IRS code section most commonly applicable to nonprofits. In fact, there are more than 20 code sections for nonprofit qualification. Another common one is 501(c)(7), which applies to social and recreational clubs.