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Archive for July, 2012

Could Nonprofits Avoid Sales Tax?

Jul 30th, 2012

Illinois nonprofit organizations that qualify for federal income tax exemption under the Internal Revenue Code Section 501(c)(3) as charitable, educational, religious, scientific, or literary organizations, including both publicly supported organizations and private foundations, may be overlooking the most beneficial type of exemption – sales tax exemption. Qualifying nonprofit organizations are exempt from federal income tax exemption [...]

Posted in Business Law | No Comments »

Common Legal Traps to Avoid in Your T-Shirt Startup

Jul 24th, 2012

You want to start a t-shirt business, and you’re confident it will succeed because you have the ideas and familiarity with your target customer base to make it work. But despite all your design and marketing efforts, if you fail to take precautions against potential intellectual property issues that may arise, your efforts may be [...]

Posted in Intellectual Property Law | No Comments »