Law and Tax Foundation
An Extensive Database Of Estate, Tax, Finance, Nonprofit, Foundation, Insurance, Investment, Stock, Business, Crypto, and Wealth Management Concepts, Strategies, Cases, and Codes To Help Entrepreneurs, Investors, and Professionals Connect The Dots.
10,000+ Cases
We have represented over 10,000 cases in diverse business and legal industries in diverse roles and capacities.
$50m+ Education Grants
We have helped our clients unlock over $50 million in grants and funding from various corporations to advance education.
$5 Billion In Assets
We have helped our clients protect billions of dollars worth of business assets, intellectual property, and personal assets.
Welcome To Law & Tax Foundation
We Help People Connect The Law, Tax, And Finance Dots With The Help Of Cutting-Edge AI Legal & Tax Tools
It's Sidhartha "Sid" Peddinti here.
My mission is to empower people through "law, technology, and philanthropy".
My legal entities were pierced in 2005.
My banks pulled the plug and forced me into the ground.
They seized my assets and flushed me clean.
I filed for a million-dollar bankruptcy at the age of 22.
Then my grandfather died and left us a probate time bomb.
That lasted all through law school.
We watched 60% of his estate destroyed by taxes and fees.
I've lost millions in revenue due to copycats stealing my IP.
I've also lost millions due to poor decisions and outright scams in the investment world.
I’ve even survived snake bites, stingray attacks, house fires, earthquakes, and tornadoes.
Those experiences didn’t break me - they awakened me.
They turned me into a philosopher of life, a legal and tax architect, and a relentless truth seeker.
🧠 What You’ll Find Here
This site is your gateway into a world of decoded legal and tax truths, where we unpack what most professionals don’t tell you - or don’t understand themselves.
I went bankruptcy despite having the top lawyers, accountants, financial advisors, insurance agents, and realtors on my team.
My grandfather's estate went into probate despite having wills, trusts, POA, and all sorts of insurance policies.
The truth is that, despite having all the top experts on your team, a little oversight, poor communication among your advisory teams, and inadequate legal or tax knowledge can destroy all your plans and send you to probate anyway.
You’ll find:
Case law, IRS codes, and hidden traps most planners miss
Advanced research, strategic hacks, and implementation roadmaps
A library of videos, blogs, tools, publications, and in-depth courses
Real-world examples of structures that failed — and how to fix them
🤖 And Yes — We Use AI. A Lot.
Since 2014, I’ve been building AI tools and legal tech apps:
One measured referral ROI metrics for ecommerce firms
One created smart operating agreements for tech firms
One digitized thousands of contracts for a Fortune 500 company (Hulu)
One built and digitized educational nonprofit
And now, the one that blends them all: The Mythbuster AI™: An AI assistant trained on business and estate law, tax code, estate traps, insurance myths, and legacy strategy (over 10,000 cases, publications, codes, and applications trained and processed).
📍This isn’t theory.
It’s a culmination of pain, research, rebuilding, and innovation.
Explore the site. Watch the videos. Use the tools.
And protect what you’ve built - before it’s too late.
Talk soon,
Sidhartha, Esq.
BA, BIA, LLB/JD, LLM
Upcoming Events
Our affiliate courses are designed by experts who have years of experience and proven results in the affiliate marketing industry.
How to Start a Non-Profit Organization
A 10 Step Process To Help You Start and Grow Your Organization
Press Play to Watch This Short Video
1. Create a Mission Statement:
Define your nonprofit's core purpose, ensuring it aligns with IRS 501(c)(3) requirements, such as charitable, religious, or educational objectives. A clear mission statement will guide your organization's activities and help in grant applications.
2. Select a Compliant Name:
Choose a name that accurately describes your organization and complies with state and IRS naming guidelines. Check for restrictions, such as required terms like "organization" or "foundation" in some states.
3. Conduct Name Research:
Ensure your chosen name is not already in use by checking various databases, including Google, the Trademark database, and state business registries. This step helps avoid potential legal issues and brand confusion.
4. File Incorporation:
Register your nonprofit with your state's Secretary of State by submitting the necessary incorporation documents. Research state-specific requirements and processing times to ensure compliance.
5. Select a Registered Agent:
Choose someone to handle official correspondence, especially if you're incorporating in a different state. The registered agent must have a physical address in the state of incorporation and be available during business hours.
6. File IRS Form 1023:
Apply for tax-exempt status using the appropriate form (1023 or 1023-EZ). The streamlined 1023-EZ is suitable for smaller organizations, while the full 1023 is for larger or more complex nonprofits. Ensure you meet all IRS eligibility criteria.
7. Draft Bylaws:
Create governing documents outlining your nonprofit's operational procedures, including board member roles, voting rights, and decision-making processes. Bylaws provide a framework for consistent and transparent governance.
8. Create a Business Plan:
Develop a comprehensive plan detailing your nonprofit's activities, funding strategies, target audience, and long-term goals. A robust business plan demonstrates your organization's viability and helps attract donors and partners.
9. Build a Website and Branding:
Establish an online presence with essential pages like About Us, Programs, Resources, and Contact. A professional website enhances your credibility and provides a platform for outreach and engagement.
10. Apply for Grants:
Seek funding through government, foundation, and corporate grants to support your mission. Research grant opportunities that align with your organization's objectives and prepare detailed proposals to increase your chances of success.
By following these steps systematically, you can ensure a smoother process in establishing your nonprofit organization. Good luck on your philanthropic journey!
ATTEND A FREE WORKSHOP:
We invite you to attend a free workshop where we discuss the above strategies in more depth and provide you with an opportunity to speak with our attorneys and tax professionals who operate in the world of foundations, day-in and day-out.
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IMPORTANT: LEGAL DISCLAIMER
The information contained on this page does not constitute legal, tax, of financial advice and is strictly for educational and entertainment purposes only. Please consult an attorney or advisor in your area to get a second opinion on legal matters. We are a consulting firm that houses attorneys, accountants, and other licensed professionals who who execute strategies for our clients. No attorney-client relationship is formed by scheduling a call, filling out forms, attending workshops, participating in the Hotline, or by sending us an email.