Des Plaines and Hoffman Estates Law Firm Frequently Asked Questions Video
How can an attorney help me establish my nonprofit organization?
Good legal counsel can help you establish your nonprofit organization in a way that’s compliant with the IRS requirements.
Most nonprofit organizations want to be tax exempt. That’s exempt from income tax, both federal and state. Only that can be granted by the IRS. The states then follow the IRS’ recognition.
Establishing a nonprofit organization, the attorney can sit with you and help you to review your mission and purpose. Your activities. To make sure that they are compliant with the Internal Revenue Code. Being section 501 (c)(3) or otherwise.
They could also assist you with refining that mission statement and pulling together key players to help you carry out that mission statement in the best way possible and also in a way that meets the IRS regulation.