Realtors in Austin and Real Estate Professionals: Which type of business entity is right for you?

  The Austin Real Estate Investment and Housing markets are benefiting from major forces that are providing unprecedented income opportunities for real estate professionals. From the wave of companies leaving the coasts for more business-friendly states, to the beginning of the ‘Great Reshuffling’ … [Read more...]

Choice of Tax-Exempt Entity Status

By: James A. Bradley, CPA, MBT(Tax), Tax Manager at Millan and Co, PC, Austin, TX. August, 2019. jim@millancpa.com Do you want to form a nonprofit organization? What tax-exempt entity status should you choose? Should you select Section 501(c)(3), Section 501(c)(4), or Section 527 of the Internal … [Read more...]

How to Form a Nonprofit Organization in Texas

By: James A. Bradley, CPA, MBT(Tax), Tax Manager at Millan and Co, PC, Austin, TX. June, 2019. jim@millancpa.com A nonprofit organization is organized for charitable, educational, or religious purposes, and it can qualify for tax-exempt status under Section 501(c)(3) of the Internal Revenue Code. … [Read more...]