The most common thing I see people get wrong when they are starting a business, is paying taxes. It is very important to understand how you pay taxes as an LLC because the IRS will certainly come calling if you do it wrong. The first thing to understand is that an LLC is as pass-through […]
Clients come to us because they want to make sure their personal assets are properly protected from their business activities so we often get asked if the LLC offers the same liability protections as a corporation. The simple answer is yes, the corporation and the LLC equally shield your personal assets from business liabilities. Any […]
One of our most frequently asked questions is, “should I incorporate in Delaware?” or “are there benefits to forming my LLC in Delaware?” This is because people hear that there are benefits to having your company formed in Delaware. Many entrepreneurs hear it and without even knowing what the benefits are they rush to the […]
When you decide to start a business one of the first things you must decide is what legal structure your business will utilize. There are many different choices for legal entity and even some special ones if you are a certain kind of business. The 2 most popular are the LLC (limited liability company) and […]