Why You Should Form an LLC vs. Sole Proprietorship

Why You Should Form an LLC vs. Sole Proprietorship

Some business owners might think operating as an LLC is basically the same as being a sole proprietorship. In reality, though, incorporating your business as an LLC is the next

Understanding Community Property States: LLCs & Taxes

Understanding Community Property States: LLCs & Taxes

Though divorce can be a complex and costly process no matter where you live, getting divorced can look very different if you reside in what’s known as a “community property

Are Non-U.S. Residents Allowed to Own a Corporation or LLC?

Are Non-U.S. Residents Allowed to Own a Corporation or LLC?

Are Non-U.S. Residents Allowed to Own a Corporation or LLC? The short answer is “it depends”. Corporations are required to be owned by citizens or resident aliens. This is because

How Long Will It Take to Form My Company?

How Long Will It Take to Form My Company?

Forming a company is more than just incorporating with legal documents. There are six key steps to formation that all take time to follow through and complete. Each step has requirements

​Your 7 Minute Overview to Understanding Business Structures

​Your 7 Minute Overview to Understanding Business Structures

Business structures are not as complicated as they may seem. When incorporating your company, consider researching each type of business structure.

Limited Liability & Business Insurance: Everything You Need to Know

Limited Liability & Business Insurance: Everything You Need to Know

Business insurance may seem like an added expense that isn't absolutely necessary. This is usually a mindset found in those business owners who don't understand the purpose and benefits of having insurance.

​Does an LLC Have Stock & Shareholders?

​Does an LLC Have Stock & Shareholders?

Does an LLC have stock & shareholders? An LLC is a special tax classification that allows a company to assign members, but an LLC does not issue stock.

You Can Easily Understand LLC Management in 5 Minutes

You Can Easily Understand LLC Management in 5 Minutes

Managing an LLC involves more than just being a member. One knows that an LLC is a simplified tax formation of a Corporation. This means that as an LLC member,

Established LLCs: Don’t Forget to Stay on Top of Records to Maintain Liability Protection

Established LLCs: Don’t Forget to Stay on Top of Records to Maintain Liability Protection

Here are the two main aspects of record keeping that LLC owners need to remember as they operate their businesses for better LLC protection.