Raising money is one of the formative parts in the life of a growing business. Whether a business needs start-up capital to get an operation formed and off the ground, operating money to scale up while it is pre-revenue, or an influx of cash to fund a major project or acquisition, many small and growing …
Meaghan Jerrett
Compliance Spotlight for 501(c)(3) Nonprofits: Avoiding Private Benefit or Private Inurement Issues
It takes a lot of planning, thoughtfulness, and attention to technical detail to become a 501(c)(3) public charity[1]. These organizations have applied for and received tax-exempt status under Section 501(c)(3) of the Internal Revenue Code (the “I.R.C.”) which means they are eligible for exemption from paying federal corporate income tax and are typically also eligible …
Crowdfunding: How it Works and How to Prepare for a Crowdfund Raise
The past couple of years have presented challenges for small businesses and startups seeking to raise capital. In the third quarter of 2023, seed and early-stage funding continued to decline, we saw the lowest deal count in three years, and the ripple effects from the tech downturn are still playing out. Although there are glimmers …
Student Note | Taxing Sugar-Sweetened Beverages to Combat the Costs of Obesity: City-Level Taxes and How the Federal Government Should Complement Them
ABSTRACT In many parts of the world, the struggle to procure enough food for survival has been replaced with a food landscape of abundance. This shift means that many people now have more than enough access to food. Industrialized agriculture has helped alleviate hunger, but it has also led to the creation of calorie-rich but …