This past week, the Federal Trade Commission (FTC) “proposed a new rule that would prohibit employers from imposing noncompete agreements on their workers, a practice it called exploitative and widespread, affecting some 30 million American workers.” While this proposed rule is not official yet, the potential eradication of noncompete agreements creates room for widespread economic […]
Over the past few months, pop star icon Brittany Spears has been all over the national news not for her music but instead for her legal issues. From the Free Britney movement to a New York Times documentary movie, it is easily said that this case is unusual. Conservatorships are court appointed and designed to […]
The process of creating a tax-exempt organization is generally viewed as a difficult process and while the individual steps can be daunting and time consuming, the differences between beginning a corporation and beginning a tax-exempt corporation are largely similar. This article will discuss the chief differences that should be noted when starting a tax-exempt corporation as well as briefly address liability issues with unincorporated organizations and LLCs. The focus of this article is on Nebraska and corporations being formed under its laws, however, because tax-exemption is largely a creature of federal law much of the article is applicable to corporations formed in other states as well so long as care is given to address differences in state corporate law.