Blogs: LLC and Business Formation

Business formation May 14, 2014

What is a Corporate Veil?

The corporate veil that is created when you form your business entity is the legal barrier that keeps trial attorneys who sue your business from attaching your personal assets as part of a settlement or judgment. Depending on the state where your company is incorporated, that process is either next to impossible or fairly easy […]

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Business formation May 8, 2014

Nevada’s Business Advantage

Did you know that Nevada does not tax the income of its corporations? Unlike most states in this country, Nevada has taken a ‘pro-business’ stance. Nevada’s legislature has consistently recognized that taxing the income of its businesses or its citizens would be the wrong approach for maintaining a healthy state economy. You will be required […]

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Motivational May 2, 2014

8 Things Great Leaders Do

Once in a while you meet a leader who stands out — even in a room filled with skilled, experienced, successful people. She isn’t just remarkably charismatic. He isn’t just remarkably likeable. You can tell, in an instant, they simply think and act and lead differently than most people. But those rare individuals don’t become outstanding […]

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Taxes May 1, 2014

Tax Implications of a LLC

A Limited Liability Company or LLC, is a hybrid type of legal structure that provides the limited liability features of a corporation and the tax efficiencies and operational flexibility of a partnership. The profits and losses pass directly through to shareholders, thus avoiding the potential double taxation of a corporation. LLC members report profits and […]

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Business formation April 30, 2014

What is an NDA?

To maintain your business’s competitive advantage, using a Non-Disclosure Agreement is a way to ensure that the proprietary information you’re sharing with another person or organization won’t become public. Having a Non-Disclosure Agreement helps protect your intellectual property, like your trade secrets, from getting into the wrong hands. Get it in writing before sharing any […]

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