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Burlington and Rutland Vermont CPA Firm | Vermont Certified Public Accountants

At Davis & Hodgdon Associates CPAs, we are proud to serve Vermont's residents and entrepreneurs. Our proactive approach is just one of the things that makes us more than just an accounting firm, we counsel our Burlington metro-area clients and beyond on a wide range of financial and management issues, resulting in better decision making and more confidence in their success.

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Monday - May 22, 2017
Most organizations exempt from tax under Internal Revenue Code (“IRC”) Section 501(a), including charitable, religious, scientific, and other organizations described in IRC Section 501(c), may be subject to tax on unrelated business income (UBIT), depending on the nature of the activities producing that income. It is important for an organization to distinguish between its tax-exempt purpose and its business activities.