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We are looking at registering a non-profit 501c in AZ, and have heard there may be some advantage to registering as a C-Corp first, then converting to a 501c. Are there advantages to this approach? -Thanks!
answered on Jul 21, 2017
I think the first thing we need to do is to cover the difference between a "non-profit" corporation and one granted tax exempt status by the IRS (a 503(c)(3) non-profit), as they are technically different things. A corporation can be a non-profit without having tax exempt status. A... View More
answered on Jul 21, 2017
The 'P' stands for "professional." Any business that is owned by a licensed professional that will be conducting the type of business for which the owner is licensed must be filed as a professional limited liability company. So, for a licensed dentist to open an LLC providing... View More
I am selling some property in Alaska to a guy who will be growing medical marijuana. I own the property outright and will carry the note. I own some heavy equipment on the property he wants to buy and wants my help running the machinery, etc. Rather than selling the equipment or charging for my... View More
answered on Feb 28, 2017
The choice of what to offer in exchange for a piece of the company is a business decision for you. The choice depends on whether repayment of the loan/note is worth more to you than a less certain return from an increase in stock value. If they are selling stock at a per-share price that is less... View More
answered on Aug 29, 2015
Different lawyer charge different fees. You can use the find a lawyer tool here to search for lawyers.
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