How to Convert an LLC to a Nonprofit

If a business is initially set up as a limited liability company (LLC) it may be possible to convert it to a nonprofit, tax-exempt 501(c)3 organization if the business conducts activities related to scientific, educational, charitable, or religious purposes. Different states have different rules for how to convert an LLC to a nonprofit, so [...] The post How to Convert an LLC to a Nonprofit appeared first on CorpNet.
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