by Daryl Reese | Sep 21, 2022 | Nonprofit Law, Nonprofit Tax Exemption
For most nonprofit organizations, tax exempt status is critical. In addition to avoiding federal corporate taxes and California franchise taxes, charitable tax-exempt status also allows donors to write off their donations on their own taxes. As a result, charitable...
by Daryl Reese | Sep 21, 2022 | Nonprofit Law, Nonprofit Revocation, Nonprofit Suspension
In California, public benefit nonprofit corporations are required to register with the Attorney General’s Registry of Charitable Trusts and the Secretary of State. They should also apply for tax exempt status with both the Internal Revenue Service (IRS) and the...
by Daryl Reese | Aug 30, 2022 | Estate Planning, Powers of Attorney
Most of us don’t spend our lives worrying about what would happen if we suddenly got sick or had an accident. But if the past few years have taught us anything, it is that life can change in an instant – and that it pays to be prepared. One way to do so is by...
by Daryl Reese | Aug 30, 2022 | Advance Health Care Directives, California Advance Health Care Directives
No one likes to think of their own mortality – or the possibility that one day, they may not be able to make decisions for themselves. Yet the rate of disability in the United States is incredibly high, with an estimated 1 in 4 Americans currently living with a...
by Daryl Reese | Jul 27, 2022 | Business Formation Types, Business Law, LLC, Partnerships, S-Corporations
One of the first big decisions business owners make when starting their companies is to determine which type of business structure they will use to legally start their business. The choice of entity plays a significant role in the life of a company, from exposure to...
