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CHASE LAW NAVIGATOR

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NON-PROFIT ISSUES

This section applies to religious, charitable, educational, and other non-profit organizations. In order to maintain IRS 501(c)(3) Tax-Exempt Status there are numerous duties that must be met. These duties can vary depending on the kind of non-profit organization exists but there are also many similarities that must be complied with.

  • How do I begin the process of closing my business?
    Closing a business is a very difficult decision. It may not be the only option. Selling may be an option as well. The SBA provides counceling tools for small businesses going through the decision making process of potentially closing a small business: https://www.sba.gov/business-guide/manage-your-business/close-or-sell-your-business
  • What  will I do after I close my business?
    If you don't know what you will do once you stop being a business owner, you may consider training in a skill. Every state has resources for retraining skills, as well as apprentice programs. Also, you might be a great candidate to manage someone else's business. Learn more here: https://www.doleta.gov/programs/factsht/WARN_Fact_Sheet_updated_03.06.2019.pdf https://education.ky.gov/CTE/cter/Pages/TRACK.aspx https://educationcabinet.ky.gov/Initiatives/apprenticeship/Pages/default.aspx
  • How do I begin the process of closing my business?
    Closing a business is a very difficult decision. It may not be the only option. Selling may be an option as well. The SBA provides counceling tools for small businesses going through the decision making process of potentially closing a small business: https://www.sba.gov/business-guide/manage-your-business/close-or-sell-your-business
  • What  will I do after I close my business?
    If you don't know what you will do once you stop being a business owner, you may consider training in a skill. Every state has resources for retraining skills, as well as apprentice programs. Also, you might be a great candidate to manage someone else's business. Learn more here: https://www.doleta.gov/programs/factsht/WARN_Fact_Sheet_updated_03.06.2019.pdf https://education.ky.gov/CTE/cter/Pages/TRACK.aspx https://educationcabinet.ky.gov/Initiatives/apprenticeship/Pages/default.aspx
  • How do I begin the process of closing my business?
    Closing a business is a very difficult decision. It may not be the only option. Selling may be an option as well. The SBA provides counceling tools for small businesses going through the decision making process of potentially closing a small business: https://www.sba.gov/business-guide/manage-your-business/close-or-sell-your-business
  • What  will I do after I close my business?
    If you don't know what you will do once you stop being a business owner, you may consider training in a skill. Every state has resources for retraining skills, as well as apprentice programs. Also, you might be a great candidate to manage someone else's business. Learn more here: https://www.doleta.gov/programs/factsht/WARN_Fact_Sheet_updated_03.06.2019.pdf https://education.ky.gov/CTE/cter/Pages/TRACK.aspx https://educationcabinet.ky.gov/Initiatives/apprenticeship/Pages/default.aspx
  • How do I begin the process of closing my business?
    Closing a business is a very difficult decision. It may not be the only option. Selling may be an option as well. The SBA provides counceling tools for small businesses going through the decision making process of potentially closing a small business: https://www.sba.gov/business-guide/manage-your-business/close-or-sell-your-business
  • What  will I do after I close my business?
    If you don't know what you will do once you stop being a business owner, you may consider training in a skill. Every state has resources for retraining skills, as well as apprentice programs. Also, you might be a great candidate to manage someone else's business. Learn more here: https://www.doleta.gov/programs/factsht/WARN_Fact_Sheet_updated_03.06.2019.pdf https://education.ky.gov/CTE/cter/Pages/TRACK.aspx https://educationcabinet.ky.gov/Initiatives/apprenticeship/Pages/default.aspx
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