Incorporating Your Business Incubation Program : How Tax Status and Business Entity Affect Operations

Through interviews with incubator managers, tax experts and lawyers, this title provides incubator developers and managers with the information they need to make important decisions regarding nonprofit tax status and for-profit business entities. Don’t start paying your lawyer to help you work on these issues until both of you have read this book. Part one explores the three tax-exempt statuses most relevant to nonprofit incubators, as well as the application process. Part two covers the three types of business entities most relevant to for-profit business incubation. An appendix includes samples of approved applications for Internal Revenue Code Section 501(c)(3) status, as well as a discussion of Internal Revenue Service lines of thought regarding business incubators.Boyd, Justin is the author of 'Incorporating Your Business Incubation Program : How Tax Status and Business Entity Affect Operations', published 2002 under ISBN 9781887183550 and ISBN 1887183558.