When you started your limited liability company (LLC), the last thing you probably had on your mind was ending it. Many LLCs are created for specific purposes, however, and when that purpose has
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When you started your limited liability company (LLC), the last thing you probably had on your mind was ending it. Many LLCs are created for specific purposes, however, and when that purpose has
Many entrepreneurs love the challenge of starting a new business and creating everything from scratch. Others like the idea of buying an existing business in order to eliminate the initial legwork of establishing
A common misconception is that only wealthy families and people in high-risk professions need to have an asset protection plan. But in reality, anyone can be sued. A car accident, foreclosure, unpaid medical
A stay bonus agreement, also referred to as a retention bonus agreement, is a written agreement between a company and a key employee to encourage the employee to stay with the company. Understanding
Whether you’re a small LLC, an Electing Large Partnership LLC or an S-Corporation, March 15th marks the date you must file your 2019 tax returns (Form 1065, 1065-B, 1120S, or 2553, depending upon
Maybe you’ve protected your business with general liability coverage, property insurance, commercial automobile coverage, and workers’ compensation insurance. But for some businesses, operations would come to a grinding halt without certain essential contributors—key
Determining who will manage the day-to-day affairs of your business is an important decision. Knowing this from the beginning is important for the success of your business, but also because your Limited Liability
If you’re starting a business, you may have started to do your homework to weigh your options for what kind of business entity you want to create. You’ve likely considered the tax and
Part 3—Involuntary Transfers In the third part of our three-part LLC Membership series, we're discussing involuntary transfers. To get caught up you can read our previous blogs on LLC Membership Overview and Voluntary
Part 1: An Overview Say you are a member of an LLC, meaning you own membership interests in it. But what if you want to leave the LLC? What if you get a
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