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Category: How-Tos & Tips

Thoughtful Year-End Strategies for a Sustainable Legal Practice

Wind down your legal practice thoughtfully—close cases, reflect on wins, and prepare for the year ahead.

Christian Nwachukwu
Wind down your legal practice thoughtfully—close cases, reflect on wins, and prepare for the year ahead.

A Business Owner’s Guide to California’s Consumer Privacy Laws

California’s privacy laws grant consumers control over their data—ensure your business complies.

Christian Nwachukwu
California's privacy laws grant consumers control over their data—ensure your business complies.

Essential Guidelines for Charitable Solicitation Registration in New York

NY charities soliciting donations are generally required to register with the AG’s Charities Bureau unless exempt.

Christian Nwachukwu
NY charities soliciting donations are generally required to register with the AG's Charities Bureau unless exempt.

Income for Public Charities: Related vs. Unrelated Business Income

Public charities can earn tax-free income if directly tied to their mission; unrelated income may be taxed.

Christian Nwachukwu
Tax-exempt charities can earn income if mission-aligned; unrelated income may face UBIT.

Exploring the IRS 27-Month Rule for Non-Profit Foundations

Learn how the IRS 27-Month Rule can secure retroactive tax-exempt status for your foundation from its start date.

Christian Nwachukwu
Learn how the IRS 27-month rule for tax-exempt status impacts foundations and donor incentives, with examples and tips.

How to Save Up to $10 Million in Taxes with Qualified Small Business Stock (QSBS)

Learn how Qualified Small Business Stock (QSBS) can help you reduce taxes and maximize cash flow.

Christian Nwachukwu
A guide to Qualified Small Business Stock (QSBS) for business owners, with key tips on maximizing tax savings and avoiding pitfalls.

Private Foundations and Required Distributions: A Guide to I.R.C. Section 4942 Compliance

Ensure your private foundation meets I.R.C. Section 4942 requirements to avoid IRS penalties.

Christian Nwachukwu
Ensure your private foundation meets I.R.C. Section 4942 requirements to avoid IRS penalties.

Essential Guide to the IRS Excise Tax: What Every Private Foundation Needs to Know

Private foundations must pay a 1.39% excise tax on net investment income, reported on Form 990-PF.

Christian Nwachukwu
Learn about IRS excise tax on private foundations' investment income, payment options, penalties, and compliance tips.

Seven Essential Questions Attorneys Should Ask Weighing a Job Offer

Consider more than salary when evaluating a legal job offer—ask the right questions.

Christian Nwachukwu
Seven Essential Questions Attorneys Should Ask Weighing a Job Offer

The Importance of Designating a Partnership Representative: A Guide for Business Owners

Learn the importance of designating a Partnership Representative to protect your tax interests.

Christian Nwachukwu
Learn the importance of designating a Partnership Representative to protect your tax interests.

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