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IRS' Lukewarm Endorsement of LLCs as Section 501(c)(3) Organizations

In late October 2021, the Internal Revenue Service (IRS) issued Notice 2021-56 setting forth requirements for limited liability companies (LLCs) to receive a determination letter from the IRS for recognition as ยง501(c)(3)...more

What the New Kansas Income Tax Bill Will Mean for Individuals and Businesses

The saga of Kansas income tax law changes concluded earlier this week when Kansas lawmakers overrode Gov. Sam Brownback's veto of a bill that dismantled the governor's signature tax cuts. With the state facing an estimated...more

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