Month: February 2017

Protect Your Business When Electing to Save Employment Taxes

LLCs are the most popular legal structure for businesses. They’re flexible, provide significant legal protection to the LLC members, and have less maintenance requirements than corporations. A separate, but related issue is how an LLC should be taxed. A growing number of LLCs are electing to be taxed as an S corporation. The main benefit …

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If You Have A Business Partner, You Should Look Into This…

The local economy remains very strong and businesses continue to grow. I find these are good times for business owners to determine whether they’re protected against risks that could cause major distress to their company. One of them is not having an ownership agreement (also known as a shareholder, buy-sell, or operating agreement) that adequately …

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