Keeping minutes in a single-member limited liability company is not always necessary. After all, there are no discussions or disagreements to be noted. Annual meetings are designed to hold votes on ...
(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 ...
A limited liability company is a type of business entity that is recognized in every state. The concept of the LLC structure is to give some legal protection to the owners, while keeping bookkeeping ...
Somehow, we’ve finally made it to 2021, and at least a few readers may have formed new business entities with the Secretary of State that have effective dates of Jan. 1, 2021. Among other benefits, ...
The IRS has published welcome, long-awaited guidance regarding the deductibility of contributions made to a single-member limited liability company (LLC) owned by a charitable organization. For a ...
At least once a month, I get a call from somebody with the question, "How much of a membership interest do I have to give to a second member so that an LLC is no longer considered to be a ...
I am considering doing some moonlighting work and have been reading up about forming an LLC. My main interest in using an LLC structure is liability protection as I may be doing some ...
A limited liability company (LLC) is a business structure combining the tax advantages of a partnership with the liability protections of a corporation. Many, or all, of the products featured on this ...
Americans love to sue each other, and most New Hampshire individuals who own and conduct single-owner businesses are potential targets of claims by their customers, their suppliers, their own ...
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 ...
In strictly technical terms, no LLC can sell shares. Ownership in an LLC, or limited liability company, is based on a percentage of the company not by the number of shares owned. That's true for ...
Donald J. Boudreaux, Jr., was the sole owner of a 100% membership interest in SCI Leasing, LLC. On October 19, 2017, Donald transferred a 5% interest in SCI to his father, Donald, Sr. Six months later ...