Tag Archives | Corporation

501(c)(3) Application process has been simplified for certain entities.

Update: The early returns are in, and the Form 1023-EZ appears to be significantly speeding up the approval process for tax-exempt status. The average age of pending applications has decreased to approximately two months (at the time of the initial post, it was approximately nine months). Indeed, we have seen an organization receive approval of […]

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LLC vs Corporation

What is the Difference between an LLC and Corporation? The first major decision for any new business owner is, “how do I protect myself legally?” Whether through a google search or a discussion with a friend or lawyer, a new owner inevitably hears about limited liability companies and corporations. Since both offer the liability protection […]

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