federal vs state tax returns

Memorandum: Framework for Creation of the Federal Social Impact LLC (FSI-LLC)

To: Legislative Counsel / Policy Development TeamsFrom: Lynn ScheidRe: Legal Structure and Regulatory Framework for a Federal Social Impact Limited Liability CompanyDate: April 12, 2025 Executive Summary This memorandum outlines the proposed statutory and regulatory structure for a new federal business entity: the Federal Social Impact Limited Liability Company (FSI-LLC). The FSI-LLC is a mission-aligned,…

Purpose, Meet Profit: Reinventing Business at the Federal Level

Lynn Scheid1 year ago1 year ago08 mins

Forty years ago, I opened my first business. Since then, I’ve launched and operated more than a hundred others—from a dance studio and a café to property management, production services, office cleaning, and media ventures. Each one was built to be profitable. But they also shared a deeper belief: that business can—and should—do good. Back…