Legal Question in Business Law in California
501(c)4 or 7?
I am on the board of a group about to get official tax status. We are trying to decide between 501(c)4 and 501(c)7 status and understand the basic differences. Many other orgs similar to ours appear to be 501(c)4 though they are not really ''social welfare'' orgs. Is there a benefit to either?
Asked on 1/13/09, 3:19 pm
1 Answer from Attorneys
Re: 501(c)4 or 7?
There could be some benefits. It really depends on what you are planning to do with this organization. Feel free to contact me with more information about what you are doing and I can possibly provide an opinion.
Answered on 1/13/09, 7:06 pm
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