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It is possible to have a LLC and 501c3, but the IRS sets conditions. A non profit and a limited ?æLiability company may have shared values but not enough structure.

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11y ago

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What are the benefits to be a nonprofit LLC vs nonprofit corporation for getting 501c3 status?

The benefit to getting 501c3 status is the ability to accept charitable contributions. I am not familiar with a nonprofit LLC. There has been a movement in the past few years to create a hybrid of for profit and non profits called an L3C, low profit limited liability corporation.


Does a comma go before LLC?

The comma goes after the business between the name and the LLC. Business Company, LLC


Do you have to have a business bank account for an LLC?

Yes, it is recommended to have a separate business bank account for an LLC to keep personal and business finances separate and maintain the liability protection that an LLC provides.


Do you need a business account for an LLC?

Yes, it is recommended to have a separate business account for an LLC to keep personal and business finances separate and maintain the limited liability protection that the LLC provides.


Do I have to have a business bank account for my LLC?

Yes, it is recommended to have a separate business bank account for your LLC to keep your personal and business finances separate and to maintain the limited liability protection that an LLC provides.


Can a Church jeopardize its 501c3 status by renting space to a commercial organization of business?

Yes, they can.


Do I need to put "LLC" on my business checks?

No, it is not required to put "LLC" on your business checks, but it is recommended to do so to clearly indicate the legal structure of your business.


What is Pershing LLC's motto?

Pershing LLC's motto is 'Your Business Without Limits'.


Is there a comma after LLC?

No, there usually is not a comma after LLC. However, it will depend on the business and how the company was registered.


Who signs w-9 when it is an llc?

The Business Owner if single-member llc, Accountant.


Is a llc business insurance?

No,, LLC is a Limited Liability Company. It's a type of a incorporation.


Do I have to put "LLC" on everything related to my business?

No, you are not required to put "LLC" on everything related to your business, but it is recommended to do so to clearly indicate that your business is a limited liability company.

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