Under these circumstances, the amounts paid by the law firm to C don’t require that the organization answer “Yes” on line 5 about C. Also, nothing in these facts would prevent C from qualifying as an independent member of the organization’s governing body for purposes of Form 990, Part VI, line 1b. An officer is…
The investing information provided on this page is for educational purposes only. NerdWallet, Inc. does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks, securities or other investments. The most obvious risk with short selling is that the price of an asset goes up when…
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