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February 20, 2017
benefit company tax benefit

New Tax Benefit for Benefit Companies

Benefit companies now enjoy a new tax advantage over traditional corporate entity types. In October 2016, the IRS announced that benefit companies’ advertising expenses are deductible as a business expense, even when the payment is made to a nonprofit organization.[1] In 31 states, businesses have the option to incorporate a business as a “benefit company.”...
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Nonprofit Affiliate, The Commons Law Center

Catalyst Law is rooted in community and committed to creative problem-solving – it’s why we founded the firm with an emphasis in social enterprise law. As our way of giving back, we are proud & thrilled to announce the launch of our new nonprofit affiliate and a social enterprise venture of our own, The Commons...
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Catalyst Law Blog

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Kofi Annan

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