501(c)(6) trade associations are non-charitable tax exempt organizations generally organized to promote and further the interests of a particular industry or type of business with members who are engaged in that trade or business or work closely with it. A perfect example is the Greater Washington Society of CPAs whose members are CPAs, financial executives and vendors to the financial industry.
Featured Articles
Oct 21, 2024
Selection of the wrong platform for vendor bill processing and or managing credit card expenses can have significant consequences for an NPO. Accounting applications impact all areas of the organization including employees, vendors, board of directors, your banker, and of course, the accounting team.