Curious about starting a corporation? In this video you’ll learn about the advantages, drawbacks and things to consider when you are starting a corporation. Greg Gilbert of Gilbert Law Office will take you through the process of filing a corporation in Minnesota, and also why an s-corporation may be a better alternative for your needs.…
In order to become a corporation or limited liability company (LLC) in Minnesota, an organization must file its articles of incorporation, in the case of a corporation, or articles of organization, in the case of an LLC, with the Minnesota Secretary of State’s office. In 1992, prior to the creation of LLCs, there were 10,043…
Learn about the difference between a Nonprofit and a Tax-Exempt Organization, and how you can apply for tax-exempt status with the IRS in our newest video:
Legal tips on creating a nonprofit and managing your new organization In this video, we’ll discuss how to start a nonprofit (or not for profit) organization in the state of Minnesota, what qualifies as a nonprofit and discuss meeting minutes. A nonprofit is usually a charitable pursuit instead of a private business. Examples include: helping…
Did you know: There are over 480 tax-exempt organizations in Duluth-Superior? These tax-exempt organizations employ thousands of Northlanders and give back to the community in endless ways. At Gilbert Law Office, our attorneys have helped many individuals fulfill their dreams of organizing a tax-exempt organization . These non profit organizations are dedicated to a charitable…
Many questions arise while forming a business – financials, taxes and the legalities can all seem a little daunting. Our office helps hundreds of entrepreneurs every year get established and off and running. A few nights ago, I was asked to be a speaker at a young entrepreneur event from TwinPortsConnex as a business law…
When other people may be looking towards retirement, some advantageous workers over 55 are starting their own businesses. Mostly seen as a young person’s game, aging baby-boomers have accounted for more than 20% of new entrepreneurs in 2010. With age also comes experience, connections and local networks, and some start-up funds from being in the…