How a Huge Donation Can Turn Into Bad News
A generous contribution: How can that be anything but great news? If the money came from a well-known financier who turned out to be a
The Crackdown on Unpaid Internships: Do Nonprofits Have to Worry?
Summer’s coming, and what’s hot is more than just the weather. Last year, the subject of unpaid internships boiled over in news stories of beleaguered
You Mean I Have to Pay Myself? Yup.
One of the beautiful things about forming a corporation – whether it’s a normal for profit corporation or a social enterprise like a benefit or
A Bit about Trademarks
Many clients ask me about whether or not they need to register their business name or newest product name as a trademark with the United
To "C" or to "S"… Yes, you gotta choose.
So, as you might have figured out, one of those pesky requirements for forming a business in the United States is that you have to
How your 50/50 raffle is like drinking a beer when you were in high school.
Raise your hand if you’ve attended a nonprofit event or fundraiser where a “50/50 raffle” – where the winning raffle ticket was worth 50% of
We’re Moving Our Offices August 1st!
The For Purpose Law Group, a law firm specializing in the representation of nonprofit, tax-exempt organizations and socially conscious businesses throughout Southern California, is pleased
Business Fundamentals: Flexible Purpose Corporations
What are Flexible Purpose Corporations? UPDATE: In January of 2015, California revised the name of this corporate form to a Social Purpose Corporation. A Flexible
Automatic Revocation of Exempt Status
The requirements to maintain an organization’s tax exempt status are actually relatively straight forward. The organization must keep accurate financial records, file an annual information
Requirements for Maintaining your Tax-Exempt Status
After receiving your tax-exempt status from the IRS and the state of California, many nonprofits breathe a sigh of relief and assume that their tax
Tax Exemption under IRC 501(c)
The Difference Between 501(c)(3), 501(c)(4) & 501(c)(7) Selecting the proper tax structure for your organization will have a significant impact on the activities you can
IRS Admits Targeting Conservative Orgs
The Internal Revenue Service is supposed to act in a completely nonpartisan manner when examining exempt organizations, but now they’re in quite a bit of