The credit is limited to the amount of the business income tax liability or social security tax owed. A taxable business may apply the credit against its business income tax liability, and the normal carry-back and carry-forward rules apply. See the instructions for Form 3800, General Business Credit, for more details.
Share. By Ashley Crossman. Definition: A voluntary association is a group or organization that people may join or leave freely, that is free of external control, and whose purpose, goals, and methods are up to the members to determine.hare. By Ashley Crossman. Definition: A voluntary association is a group or organization that people may join or leave freely, that is free of external control, and whose purpose, goals, and methods are up to the members to determine.
Nongovernmental organization (NGO) Nongovernmental organization (NGO), voluntary group of individuals or organizations, usually not affiliated with any government, that is formed to provide services or to advocate a public policy. Although some NGOs are for-profit corporations, the vast majority are nonprofit organizations.