Keeping signed minutes of meetings is required of corporations, but not LLCs. One of the reasons you form an LLC rather than a corporation is to dispense with such corporate formalities. However, the ...
The liability issues associated with operating a business as a sole proprietorship or as a single member limited liability company differ significantly. Because an appropriate level of asset ...
Opinions expressed by Entrepreneur contributors are their own. A corporation isn’t required to have a full team of c-suite executives and large, formal shareholder meetings. It is possible to be the ...
Lindsey Crossmier has been a financial writer since 2022, and has been regularly quoted as an expert in outlets such as U.S. News, GOBanking Rates and Yahoo! Finance. She leverages her Yale financial ...
A recent bankruptcy opinion from Iowa sheds light on how little liability protection a single-member LLC can afford its sole owner. In re Advanced Custom Builders LLC, 2011 WL 3608004 (Bkrtcy.N.D.Iowa ...
(Editor’s note: “Ask the Attorney” is a VentureBeat feature allowing start-up owners to get answers to their legal questions. Submit yours in the comments below and look for answers in the coming ...
On August 28, 2017 the South Carolina Department of Revenue published Rev Rule #17-5, which updated Rev Rule #15-3 (the “Rev Rul”). The Rev Rul deals with the application of the deed recording fee on ...
A federal tax lien attaches to all real and personal property of a taxpayer at the time an assessment is made by the Internal Revenue Service and continues until the liability is paid or becomes ...
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