Llcs blog

​Do Amateur App Developers Need to Form an LLC?

As of June 2016, there were more than 2 million apps available in Apple’s App Store and 2.2 million apps for Android users. With make-your-own app programs readily available and a huge market of smartphone users, these numbers are clearly…

Incorporation offers advantages over partnerships

Writing for VentureBeat, corporate lawyer Scott Walker says startup entrepreneurs should start a corporation instead of forming a general partnership for both short- and long-term success. Walker says a partnership exposes each partner to additional liability that could be avoided…

Incorporating an LLC can save money on taxes

Entrepreneurs can avoid double taxation and lower their tax rates through incorporation, especially by forming an S corporation from their existing LLC or C corporation. Many LLC members pay a self employment tax that can be reduced to a lower payroll tax by forming an…

Protect your assets in a recovering economic climate

Even as the nation moves toward recovery, the economic climate has caused a number of economic losses for business people. Still, it’s not too late to protect personal assets from any potential business losses. A report from Resource Nation offers entrepreneurs some…