Why Nonprofits Should Not Make Loans to Directors and Officers
Nonprofits generally should avoid making loans to officers and directors even though Virginia does not prohibit such loans. In fact, under Va. Code § 13.1-826(9),
When is an Employer Liable for the Actions of Its Employees?
Virginia allows plaintiffs to recover from the employer of an individual who negligently harms them on three theories: negligent hiring, negligent retention, and vicarious liability.
Is Your Charitable Contribution Tax Deductible?
The IRS defines a charitable contribution as a “donation or gift to, or for the use of, a qualified organization.” A charitable contribution must be
How the Unrelated Business Income Tax Can Affect Nonprofits
Tax-exempt 501(c)(3) organizations must operate primarily to achieve religious, charitable, scientific, or educational purposes and may not carry on more than an insubstantial amount of
What to Know About Group Tax Exemptions
The IRS offers group exemptions whereby a central organization’s federal tax exemption will apply to its subordinates and obviate any need of the subordinates to
Protections Religious Groups Have in Employment Decisions
There are two main protections afforded to religious employers: the ministerial exception and Title VII’s coreligionist exception. These protections extend only to certain employment decisions
Estate Planning After a Divorce
You have recently divorced your spouse and the judge has signed the divorce decree. Now what? Although you may feel as though you have spent
How You Should Answer Discovery Requests
Discovery is the process by which parties collect and exchange information in preparation for trial. One of the aims of America’s adversarial judicial system is
How to Terminate Your LLC
When you started your limited liability company (LLC), the last thing you probably had on your mind was ending it. Many LLCs are created for
