Hedgeman Law Firm
Understanding Deeds in Real Estate
A deed is a critical legal document in real estate transactions as it facilitates the transfer of ownership rights from the seller (grantor) to the buyer (grantee)
Are You Risking Your 501(c)(3) Status?
Maintaining your 501(c)(3) status is crucial for nonprofit organizations, not just for tax-exempt benefits but also to maintain the trust and support of your donors. Here we will explore the key practices and compliance strategies to ensure your nonprofit does not...
What Can You Legally Do with Your Fundraising Dollars?
Fundraising is a critical aspect of nonprofit operations, providing the necessary financial support to drive their missions forward. Managing these funds responsibly and legally is paramount. Let’s explore the legal restrictions and creative uses for your fundraising...
What Are Program-Related Investments (PRIs)?
Program-related investments are a powerful financial tool used by private foundations to support charitable organizations and advance their mission. PRIs differ from traditional grants in that they involve the use of loans, equity investments, and other financing...
Noncash Charitable Contributions: Understanding IRS Form 8283
In the landscape of charitable giving, navigating IRS requirements is paramount for individuals, partnerships, and corporations making noncash contributions. The filing of Form 8283 becomes essential when the total value of these contributions exceeds $500 within a...
Small Businesses and the Corporate Transparency Act
As we approach January 1, 2024, small businesses across the United States are on the cusp of a significant regulatory shift. The implementation of the Corporate Transparency Act (CTA) and the Beneficial Ownership Information (BOI) Reporting requirements is a new era...
Navigating Residential Real Estate: Why You Need an Attorney by Your Side
If you are buying or selling residential real estate in New York, it is extremely important that you work with an attorney to process all contracts, draft deeds and tax documents and represent you at the closing. While escrow agents may be used in New York, Washington...
New York Rules for Fundraising for an Individual
What are the laws and rules in New York State regulating fundraising for an individual? There are certain circumstances where one would need to file with the attorney general to fundraise for an individual. Next, there may be up to three secondary beneficiaries...
Hedgeman Law Firm Launches 2023-2024 Nonprofit Law Academy
ALBANY, N.Y. – Hedgeman Law Firm, a renowned woman-owned comprehensive law serving NewYork State and Washington D.C., today announced the launch of the 2023-2024 Nonprofit Law Academy(NLA) aimed at educating and building legal capacity for tax exempt...
Lobby Law Compliance for Your Nonprofit Organization
Lobbying is a valuable tool for nonprofits to influence public policy and advocate for causes that align with their mission. However, to maintain transparency, uphold your organization's reputation, and prevent potential legal issues, it's crucial to adhere to lobby...