Topic: LLC

Small Business Taxes: Five Ways to Prepare for Taxmageddon

The end of year is coming, and – if our representatives in Washington continue their shenanigans and political posturing at the edge of the fiscal cliff – it will bring major changes to small business tax laws. As a business owner what can you to protect your interests? Here are five considerations: 1. Convert your… Read more »

LLC vs Corporation? A Critical Decision During Business Formation [Video]

[Link: Tech Startup Issues: Forming Your Company – Bloomberg Law] “[For employees] the whole ball of wax for these types of companies is: how much equity can I get? Can I get rich? Am I going to feel passionate about working at this company?” Business formation doesn’t happen in a vacuum. There are, as they… Read more »

Business Structures: What’s Right for My Company?

Choosing the right business structure can be a daunting decision for an entrepreneur. To help sort through the options, here’s a quick overview of the most common forms of small businesses: Sole Proprietorship “With a sole proprietorship (also known as a ‘sole prop’), you are the business. You can operate under your own name or… Read more »

You Should Know This: Small Business Law Roundup

FYI: here’s a mixed reading list of recent interesting updates and articles addressing the ever-changing landscape of small business, written by lawyers and law firms on JD Supra: Tax Tips for Small Business Owners (Darrin Mish) “IRS Commissioner for Small Business and Self-employed Division, Faris Fink said, ‘When you’re running a business, you don’t need… Read more »