Category: Posts
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Public Time’s Paperwork Puzzle
Checklist Step 1: Hire a Law Firm That Specializes In Nonprofits (Optional) Considering neither Scott nor I had attempted to form a tax-exempt nonprofit corporation before, we retained the services of a legal firm specializing in nonprofit law to increase the odds of a smooth journey to successful incorporation and declaration of tax-exempt status for…
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Public Time’s Dizzying Terminology
The first steps to becoming tax-exempt required we know a series of new terms that were interpreted specifically by the IRS. It was important to make sure we knew the specifics of these terms because, at first glance, some of them seem similar enough to be interchangeable. As the IRS doesn’t play in gray areas,…
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Public Time’s Organizational Structure
Public Time’s mission is to provide free, global, digital clocks. In order to become tax-exempt, avoid legal issues, and be a legitimate corporation, we needed to establish some structure to the corporation. For those considering creating your own tax-exempt corporation, all states require the application to include a description of some key formal positions that…
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Global Expansion and a Facelift
When I first launched Public Time with a single NTP server in Chicago, Illinois, I had grand plans for rapid expansion, first across the US, to be quickly followed by exotic locations around the globe I’d always wanted to visit. As is often the case, reality ended up diverging quite a bit from the original…