Question

Your client John Lincoln wishes to create a non-for-profit organization and wants you to explain to...

Your client John Lincoln wishes to create a non-for-profit organization and wants you to explain to him how to form it, what are the IRS requirements and how to avoid losing the non-for-profit status.

Please, research the rules to create a non-for-profit, look at the Internal Revenue Code to find out the tax rules regarding this type of entity. In addition, figure out what your client should do to avoid losing its non-for-profit status.

After completing your research, write a two pages memo to your client, explaining your findings and recommendations.

0 0
Add a comment Improve this question Transcribed image text
Know the answer?
Add Answer to:
Your client John Lincoln wishes to create a non-for-profit organization and wants you to explain to...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • Your client Mary Lyon is going to establish a private non-for-profit organization to assist homeless women....

    Your client Mary Lyon is going to establish a private non-for-profit organization to assist homeless women. She wants to know what the requirements are to create a private NFP entity under State Laws and how the non-taxable status is achieved at both levels, State and Federal Governments.

  • . You have been hired as the Project Manager Assistant at a registered Non-for-profit corporation based...

    . You have been hired as the Project Manager Assistant at a registered Non-for-profit corporation based on Scarborough. The corporation has more than 10 years of experience working on community education programs in the GTA. As the corporation is planning to apply for the first time for the Ontario Trillium Foundation Grants, you Supervisor asked you to do the research and summarize your findings in a 3-5 pages report the following three aspects: 1.General Information; regarding the OTF funding policies,...

  • You have been hired as the Project Manager Assistant at a registered Non-for-profit corporation based on...

    You have been hired as the Project Manager Assistant at a registered Non-for-profit corporation based on Scarborough. The corporation has more than 10 years of experience working on community education programs in the GTA. As the corporation is planning to apply for the first time for the Ontario Trillium Foundation Grants, you Supervisor asked you to do the research and summarize your findings in a 3-5 pages report the following three aspects: 1.General Information; regarding the OTF funding policies, such...

  • You have been hired as the Project Manager Assistant at a registered Non-for-profit corporation based on...

    You have been hired as the Project Manager Assistant at a registered Non-for-profit corporation based on Scarborough. The corporation has more than 10 years of experience working on community education programs in the GTA. As the corporation is planning to apply for the first time for the Ontario Trillium Foundation Grants, you Supervisor asked you to do the research and summarize your findings in a 3-5 pages report the following three aspects: 1.General Information; regarding the OTF funding policies, such...

  • 1. You work for a large Canadian non-profit organization that holds a big annual conference. The...

    1. You work for a large Canadian non-profit organization that holds a big annual conference. The conference rotates throughout Canada on a yearly basis. A resort and conference company in Hawaii invites you and one other person down for a one-week paid vacation so that you can check out their conference facilities. Should you: Select one: a. Accept the vacation if the majority of the conference attendees are in favour of holding the conference in Hawaii? b. Accept the vacation...

  • Subject: HRM Introduction and Instructions You have recently been hired as the Director of Human Resources...

    Subject: HRM Introduction and Instructions You have recently been hired as the Director of Human Resources for Wilson Brothers Canada and have HR responsibility for all of the company’s Canadian operations. Bob and John Wilson have asked you to prepare a report for their review focusing specifically on organizational behavior within the company. Review the Wilson Brothers Case Scenario in depth and address the required topic listed below in your analysis report. Marks are allocated for thoroughness of coverage of...

  • Assignment Details The Unit 6 Assignment requires you to consider how effective teams are built. Some...

    Assignment Details The Unit 6 Assignment requires you to consider how effective teams are built. Some considerations in this assignment include the traits of an effective team leader as well as the strategies one would use to recruit team members that would work effectively together. Using material from Chapter 12 of your text as well as the article in the supplemental reading (Rao, 2016), you will write an informative essay sharing best practices for effective team-building. Outcomes evaluated through this...

  • Please read the article and answer about questions. You and the Law Business and law are...

    Please read the article and answer about questions. You and the Law Business and law are inseparable. For B-Money, the two predictably merged when he was negotiat- ing a deal for his tracks. At other times, the merger is unpredictable, like when your business faces an unexpected auto accident, product recall, or government regulation change. In either type of situation, when business owners know the law, they can better protect themselves and sometimes even avoid the problems completely. This chapter...

  • I have this case study to solve. i want to ask which type of case study...

    I have this case study to solve. i want to ask which type of case study in this like problem, evaluation or decision? if its decision then what are the criterias and all? Stardust Petroleum Sendirian Berhad: how to inculcate the pro-active safety culture? Farzana Quoquab, Nomahaza Mahadi, Taram Satiraksa Wan Abdullah and Jihad Mohammad Coming together is a beginning; keeping together is progress; working together is success. - Henry Ford The beginning Stardust was established in 2013 as a...

  • what discuss can you make about medicalization and chronic disease and illness? Adult Lealth Nursing Ethics...

    what discuss can you make about medicalization and chronic disease and illness? Adult Lealth Nursing Ethics mie B. Butts OBJECTIVES After reading this chapter, the reader should be able to do the following: 1. Explore the concept of medicalization as it relates to the societal shift away from physician predominance of the 1970s. 2. Differentiate among the following terms: compliance, noncompliance, adherence, nonadherence, and concordance. 3. Examine cultural views with regard to self-determination, decision making, and American healthcare professionals' values...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT