News

Feb 10, 20232 min

Best States for Nonprofits (January 2023)

You often hear about which states are best or toughest for businesses with regard to taxation, regulation, complexity of starting up,...

Aug 24, 20226 min

SB 1079 – Bidder Beware

In 2020, California passed SB 1079, called the "Homes for Homeowners, not Corporations" bill, going into effect January 1, 2022. See...

Jun 4, 20222 min

Nonprofits and the War in Ukraine

Last week, on June 2, 2022, the Russian invasion of Ukraine passed the 100-day mark. The conflict has been brutal. Casualties number in...

May 10, 20222 min

Obtaining Nonprofit Status

From a formation standpoint, nonprofits are similar to for-profit corporations. The certificate (or articles) are filed with the state,...

Mar 12, 20222 min

What is a Fiscal Year?

What is it? A fiscal year is a business's annual accounting period. Typically, this is the same as the calendar year (January 1 to...

Feb 7, 20222 min

Piercing the Veil – Ignoring the Entity

More often than not, clients want a limited liability entity (corporation, LLC, etc.) for one main reason: the limited liability. As...

Jan 28, 20222 min

Nonprofit Corporations – What, Why, and How?

What is a nonprofit corporation? A nonprofit corporation is a corporation similar to for-profit corporations. They have a board of...