Legal Support For Nonprofit Corporations
We specialize in assisting individuals and small businesses. We have a thorough knowledge of nonprofit corporations and closely held businesses arising from nearly 20 years of successful leadership and service. We concentrate heavily on Nonprofit Law, Administrative Law, Business Law, and Corporate Formation.
What form should you use to form your business? Essentially, there are six (6) entities from which to choose:
The general partnership;
The limited liability partnership;
The limited partnership;
The limited liability company
The S corporation; and,
The C corporation.
While each entity has pros and cons, from a legal perspective, there are only two (2) major considerations:
1. What are the tax consequences?
2. How does it protect me from lawsuits?
These considerations are most important because nothing will put you out of business faster than lawsuits and taxes.
Whether you’re thinking of incorporating, need to protect certain assets, or looking at reorganizing an existing entity, we can help. Please give us a call to discuss your business needs.
Nonprofit corporations are formed under state law. The purpose of a charitable nonprofit must be for the public interest and common good.
In Michigan, nonprofit corporations are formed pursuant to the Nonprofit Corporation Act (i.e., 1982 PA 162, MCL 450.2101 – 450.3192). In practice, however, the acquisition of the coveted 501(c)(3) status—i.e., exemption for federal taxation on profits—is what make the difference both in terms of sustainability and legitimacy in the eyes of donors and grant makers.
We are nonprofit specialists and support nonprofits in the following areas:
Link To Nonprofit Corporation Act
How To Start A Nonprofit Corporation
Unrelated Trade or Business (“UBIT”)
Employment Law & Human Resources Support
Whether you’re considering the benefits of forming a nonprofit or looking for legal support for an existing organization, we can help. Please give us a call to discuss your business needs.
Asset protection is planning to protect your property from legal problems and taxes during your life and after your death. Asset protection generally refers to strategies employed (e.g., trusts) to protect your wealth from creditors and predators. It’s also a set of legal mechanisms and strategies designed to help you exercise control over your business, your personal property, and your legacy from beyond the grave.
Having a liquor license can greatly increase revenue to you business. However, pursuant to MCL 436.1531(1), the Michigan Liquor Control Commission (“MLCC”) may not grant in excess of one license for each 1,500 of population, or major fraction thereof. Moreover, the legislative body of the local unit of government where the business is located must adopt a resolution approving issuance of an on-premise license.
Consequently, the competition for one of the invariably few available licenses is often fierce.
DISCLAIMER: All information contained in this website is for education purpose only. Law Offices of RL Johnson PLLC, its agents and affiliates cannot and will not render any legal or tax advice of any kind, unless said agent is duly licensed by the applicable state and/or federal authority to give said advice.
© 2012 by Law Offices RL Johnson PLLC
Services to Businesses
39111 Six Mile Road
Livonia, MI 4815