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how to start a non-profit organization in 2021 otherwise known as a 501 c 3 organization so a nonprofit organization is a business entity in which your main goal is to not make a profit but rather to make money in order to expand on a social cause so a social cause could be something like feeding the homeless or helping out victims of harsh circumstances but of course as tax professionals we cannot ignore that having a non-profit has some incredible tax benefits for its owners for example 501 c 3 organizations are completely tax exempt which allows them to use more money towards their desired social causes so you pretty much win in both ways okay you save money on taxes and at the same time youre able to support your favorite social calls so in this video what i want to do is show you exactly how to start a non-profit organization step by step stay tuned hey there im sean with life accounting the accounting company that saves people from high taxes and
