Articles Tagged with california

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If you’re thinking about starting a nonprofit, there are some steps to take before you begin. Forming a nonprofit organization is much like starting a regular corporation, except there are several additional steps you must take to ensure tax-exempt status, which includes a rigorous application process. Here are some common questions and their answers about forming a nonprofit organization.

nonprofit word in letterpress type

Forming a Nonprofit Organization: Common Questions and Answers

What does ‘501(c)3’ mean?

Being a 501(c)3 corporation means a company has been approved by the IRS as a charitable organization, exempt from specified taxes. The IRS may grant your nonprofit organization tax-exempt status if the nonprofit was formed for religious, charitable, scientific, literary or educational purposes, so long as the nonprofit does not distribute profits to individuals above reasonable compensation. Continue reading ›

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January 1st brought 930 new California laws which are enforceable in the new year. We’d like to share some of the new and relevant laws for 2015 that may affect you and your business activities. Here are 7 new federal and California laws that took effect January 1st.

Signing contract

7 New Laws for 2015

  1. Driver’s Licensing

Experts expect more than a million applications for California driver’s licenses to flood the DMV offices following new laws allowing non-U.S. citizens without documentation to get driver’s licenses. Continue reading ›