Prev NEXT  

Advertisement

10 Ways to Be Tax Exempt

10

Cultivate a Green Thumb

Agricultural and horticultural organizations can claim tax-exempt status. These include groups involved in forestry, raising livestock, harvesting crops or aquatic resources and cultivating ornamental plants.

Others that qualify:

Advertisement

  • Nonprofit associations that educate people about agriculture horticulture
  • Groups that test soil and share the results with community members
  • Organizations that exhibit livestock or farm products

An organization can even throw a rodeo and retain its tax-exempt status if the event's purpose is to educate the public about agriculture. Horse racing, on the other hand, is not considered an agricultural pursuit.

Advertisement

Advertisement

Advertisement

Advertisement

Advertisement

Advertisement


Advertisement


Recommended

Advertisement

Advertisement