We continue our tour of entities with the limited liability company (LLC).

A Taxing Consideration:  Choosing a Business Structure (Sole Proprietorship)
When people are starting a business, they are often very confused and overwhelmed as to how to choose an entity, or even whether they need one.  Many entrepreneurs look at limiting their legal liability but never consider the tax implications of their business entity.  The only entities [...]

The North Carolina Business Court recently ruled in Mitchell, Brewer, Richardson, Adams, Burge & Boughman, PLLC; v. Brewer that the NC Limited Liability Company Act does not permit a member of a limited liability company (“LLC”) to voluntarily withdraw from the company unless there is a written agreement that permits it.  Even to me, this [...]

A few weeks ago, I blogged about whether or not you truly need an attorney to form an LLC or corporation.  I thought that would spark a lot more discussion about people’s experiences good and bad with  Legal Zoom, The Company Corporation, BizFilings, etc.�
Today, I am following up that post with the view from the [...]

Today is the deadline for providing 2008 tax forms to employees (Form W-2 for employees who earned any amount) and independent contractors (Form 1099-MISC for independent contractors who earned a total of $600 or more from you).

I am a business lawyer. I help people form corporations and LLCs to protect their assets and increase their net worth. Today, we are bombarded by ads on the radio and television telling us how easy it is to “Form your own LLC or Corporation, and save expensive legal fees!” These ads suggest that attorneys [...]