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.
Each generation, the courts have decreased the frequency in which they award alimony in divorce proceedings. This downward trend is directly related to the fact that, in the majority of Americans households, both spouses continually work throughout the duration of the marriage. If you reside in Nebraska, the law states the court may order payment […]
Since the onset of the Covid-19 pandemic, one of the more common questions about vaccines is whether the government can make them mandatory. Most of the hesitancy to be vaccinated concerns safety of the various available vaccines. The vaccines currently being used have not gone through the years of testing that other vaccines, such as […]