10 Ways to Be Tax Exempt


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:

  • 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.