As you consider starting a small business, you should think what business structure is best for small businesses. When you're ready, there are a few decisions that you'll have to make regarding a structure. Much will depend on the type of business you have and how many people are involved. … [Read more...] about What Business Structure is Best for a Small Business?
Why Should a Nonprofit Incorporate?
The decision to incorporate is an important one. Not all nonprofit organizations decide to become a corporation. There are many reasons why a nonprofit organization would choose to incorporate, and some situations where organizational leaders may not feel that it’s worth the investment. In this … [Read more...] about Why Should a Nonprofit Incorporate?
What Should My Business Structure Be?
Non-profit organizations are businesses and every business needs a business structure, even if the sole purpose of creating and operating the organization is not to generate profit for shareholders. Deciding on how to structure a non-profit organization is one of the first and most important … [Read more...] about What Should My Business Structure Be?
What is Unrelated Business Income?
Generally, non-profit organizations are tax-exempt in the United States. However, there are some circumstances where a non-profit organization might need to pay taxes on the income it generates. One such instance is with unrelated business income. In this blog post, learn more about unrelated … [Read more...] about What is Unrelated Business Income?
Avoid Losing Your Tax-Exempt Status
501(c) non-profit organizations fulfill important purposes to local communities. Having access to a tax-exempt status makes it more affordable to run a non-profit and for it to reach more people with its mission. However, non-profit organizations can lose their tax-exempt status if they do not … [Read more...] about Avoid Losing Your Tax-Exempt Status
