Dec 17, 2021
What is Entity Conversion?
Have you talked to an accountant, CPA or even a fellow business owner, and that individual tells you “You need to be an S-Corp,” but you have a limited liability...
c-corp
Jan 15, 2020
Operating Agreements and Taxes: What You Need to Know
As you may have gathered from some of our previous articles (for example, read “Does your LLC have a proper Operating Agreement?” and “Important clauses for LLC Operating Agreements“), the...
Jan 13, 2020
What is a Bad Operating Agreement?
I bet you could guess that most of our revenue as a law firm, comes from expensive litigation. But, did you know that most of that expensive litigation is due...
Dec 31, 2019
Tax Status for Companies
When clients ask me what type of tax status they should elect for their company, I usually respond with, “Please ask that question to your CPA or Accountant.” After all,...
Jan 15, 2019
Available Now! The Business Entity Decision Maker
LLCs, Anonymous LLCs, C Corps, S Corp, Sole Proprietor…. Could you use a little guidance? What IS the best structure for my business? There are many choices when it comes...
Sep 17, 2018
From the Experts – Tax Forms
Going into business for yourself is exciting, and being your own boss can be both rewarding and financially lucrative. However, there is more to going into business than hanging out...
Aug 30, 2018
Moving a Pre-Existing Business Into a New Company
You listened to your business lawyer, and formed a limited liability company (called LLC) or corporation (such as a C-Corp or S-Corp), and you want to move your pre-existing business...
Aug 27, 2018
Return of the C Corporation
If you’re starting a new business (or reorganizing an old one), you have a few options to choose from. For example, you could form a Limited Liability Company (or LLC)....
Apr 29, 2017
President Trump’s Tax Plan: Time to Form Pass-Through Entities?
This is not an endorsement for or against President Trump or his recently introduced 2017 Tax Proposal. It is simply a discussion of the effects of pass-through entities. We’ve been...
Jun 9, 2015
How to Dissolve a LLC Properly
Last week, I wrote a blog article entitled How to Properly Dissolve a For-Profit Corporation (in New Mexico), which detailed how to dissolve an S-Corp or C-Corp, which is different...
Aug 11, 2014
Leaving a Partnership — How To Do It Right
So, you’ve decided (or are considering) to leave the company you’ve either helped to form, purchased an interest in, or otherwise joined for one reason or another. There are many...
Mar 11, 2014
Corporations and Limited Liability Companies
This is our final topic on the subject of things you need to consider in selecting an appropriate business entity. After our initial discussion of general issues involved in making...