How to become a tax-exempt nonprofit organization with the IRS? A nonprofit organization is an entity that is established to advance a social cause or further a charitable purpose. The major difference between nonprofit organizations and for-profit entities is that nonprofit organizations retain their profits to advance their causes while for-profit organizations distribute their profits to [...]
Is there an advantage to being a nonprofit organization? Nonprofit organizations definitely enjoy certain benefits that are distinct from for-profit entities, that could be inviting to those interested and qualified to become nonprofit. As an overview of nonprofits and their status within law and taxation, you’ll see that most nonprofits have the advantage of being exempt [...]
Brexit happened. So what now? What are some of the legal implications for American companies doing business in the UK, and the rest of Europe for that matter? Though it’s difficult to ascertain exactly now, some of the issues come down to what type of provisions were provided for in the agreements between American companies and [...]
