By Cliff Ennico “I am trying to start a nonprofit organization to raise money for a local institution that has lost its state funding due to budget cuts. “I formed a limited liability company (LLC), which went through without difficulty, but I am having trouble obtaining tax-exempt status from the IRS. I filed the application […]
By Cliff Ennico “Several friends and I are setting up a local charity to help recent college graduates pay off their student loans. We also intend to lobby our state government to pass laws allowing banks to forgive student loans. We filed with the IRS for tax-exempt status under Section 501(c)(3) of the Internal Revenue […]
You can’t peruse any information on small business or start-ups without running across the topic of crowdfunding. If crowdfunding were a fashion trend, it would be “the new black.” But even if you’ve determined your small business can’t benefit from this new source of revenue, you likely know of something or someone who can. As […]