What does it mean to be tax-exempt? Tax-exempt means not being required to pay taxes on certain types of income. Find out what type of income is included.

Taxes are an unavoidable part of life for most people. You could, however, get out of paying income tax if you're deemed tax-exempt by the Internal Revenue Service (IRS). But what does tax-exempt mean ...

All employees are one of two types: exempt and non-exempt. As an employer or aspiring business owner, you need to know the difference between exempt vs. non-exempt employees. This knowledge can help ...

Non-exempt employees are hourly workers guaranteed a minimum wage and overtime pay of at least 1.5 times their normal, hourly rate for any hours worked over 40 per week by the FLSA. The Fair Labor ...

For most entrepreneurs, taxes are a regular part of running a business. However, certain types of organizations can qualify as tax-exempt, meaning they are not subject to federal income taxes.

At the center of Lancaster County is a 7-square-mile city that’s long been a hub for commercial, civic and social activity. Lancaster is the focal point of a thriving tourism economy, the county’s ...

Taxes fund government programs and services. However, some income is tax-exempt. This means you don’t have to pay taxes on it. Check Out: What To Do If You Owe Back Taxes to the IRS But tax-exempt isn ...