Next question in the series “Things You Should Know According to Your Neighborhood Lawyer – Constitution Edition” Question 3: “Can the federal government regulate the business of a manufacturer that produces musical instruments only in California?” “Probably, since the materials used to produce the instruments and the finished products most likely cross state lines. The […]
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.
Netflix’s 2020 release, The Trial of the Chicago 7 (written and directed by Aaron Sorkin), attempts to make a straightforward story out of a complicated trial, in which eight defendants are accused of conspiracy to provoke the riots at the 1968 Democratic Convention in Chicago. In some ways, Sorkin had incredible success, while in other ways, the compromises he made may have been too hasty.