Exporting products to foreign markets was once something reserved for large corporations with extensive resources. However, in today’s business environment, many small business owners are looking for the opportunity to expand their market reach and to truly participate in the global economy. This is becoming more and more feasible for small businesses with rapid advances in technology and communication. However, there is still a learning curve and certain capital investment required to export profitably.
Most people, including lawyers, rarely get pure joy from reading a legal opinion. Bills fans may have gleamed with happiness as they read the Second Circuit’s opinion upholding Tom Brady’s “Deflategate” suspension. Even then, they probably were not enamored with reading eighteen pages of labor law before getting to the payout.
With the upcoming presidential election, it is important to understand what a nonprofit organization can and can’t do when it comes to political activity. A nonprofit organization that is tax-exempt under Section 501(c)(3) of the Internal Revenue Code (also known as a Section 501(c)(3) organization) may be tempted to promote policies that are in line with its nonprofit purpose. However, these entities must be very careful.