News & Updates
Tailor-Made Giving: Setting Up a Private Operating Foundation
In this article, we will discuss why someone may want to set up a private operating foundation, how to do so with the help of attorneys like those at Mauck & Baker, and if this option is right for you in your gift planning process. What is a private foundation?...
Calculating the Closing Costs of Your Real Estate Sale
When selling your home, one of the first and most important questions you may have is how much your net sales proceeds will be after other costs are covered. Net proceeds consist of the total sale price minus the closing costs. In addition to the closing costs, you...
7 Fundamental Considerations in Finding a New Place to Worship
FOR GOD HAS BEEN WITH US, THE CHURCH IS GROWING, OUR SPACE IS NOW INADEQUATE; WHAT DO WE DO? By Richard C. Baker, Member, Mauck & Baker, LLC Picking up for my last article in this series on The ABC’s of Starting a Church, God has prospered the planting of your...
The Top Legal Threats to Your 501(c)(3) and How to Navigate Them
Not-for-profit organizations with 501(c)(3) status are exempt from federal income taxes. However, this exemption is a privilege rather than a right, and the Internal Revenue Service (“IRS”) may ultimately revoke a nonprofit’s federal income tax status under certain...
Church Employment: What You Need to Know
Excerpts from the Mauck & Baker Church Legal Checklist Churches are unique from for-profit companies and not-for-profit organizations, so naturally there are different steps they should take when it comes to hiring employees, doing payroll, and having volunteers....
The ABC’s of Starting a Church – Incorporation
What kind of planning goes into the start of the church? Of course, the starting of a church begins with discerning God’s call. However, with the call, there are a lot of logistics that go into forming the church. These logistics, while having a spiritual element, and...
The Simplest Guide to Buying Residential Real Estate
Are you ready to buy your very first home? Or maybe you’ve found a low-cost property that you want to wisely invest in. Whatever your reason for purchasing real estate, this article will guide you step-by-step through the process to a successful closing. Once you...
5 Steps to Successfully Selling Your Commercial Property
nn A typical commercial real property can be described as a property used for commercial purposes by business or commercial tenants. The selling process of commercial real estate is largely identical to that of residential property. A seller’s objective is to provide...
What We Can Learn from 2020
Opinion Piece by Brittany Booth 2020 will undoubtedly be a year for the history books. It was a year so full of big events that I found myself forgetting the little things like what I did last weekend, or what I ate the night before. It was an endless barrage of...