What’s the Best State to Incorporate In?
The best State to incorporate in is not the one you might think it is. Many people have been led to believe... Read More
The Advantages of Buying a House with an LLC.
The Advantages of Buying a House with an LLC. You can tap into a few great advantages when you buy a house... Read More
Confused About LLC, S-Corp, and C-Corp?
Many entrepreneurs (and some of their non-lawyer advisors) confuse the concepts of C-Corp and corporation, or S-Corp and LLC. In this post... Read More
Freelancers Need Your Own LLC In Virginia
The new Virginia laws are causing freelancers and independent contractors to rethink whether they want to go through the “hassle and expense”... Read More
Independent Contractors Under Assault In Virginia — What To Do Now: Part 2
Watch the video for a verbal summary of the content of this post. In a recent post I mentioned that a... Read More
Independent Contractors Under Assault In Virginia — What To Do Now: Part 1
You may have heard that Virginia is cracking down on independent contractors. In fact the law says: “…an individual who performs services... Read More
Your LLC’s Operating Agreement
When you form your new company as an LLC with one or more partners you really should have an “operating agreement.” The... Read More
How Much Capital Should I Contribute To My New Business?
In this video, I discuss why you need to invest capital in your company, ways for you to do so, the implications... Read More
Elect S-Corp Tax Status When You Start Your LLC
When you start your new limited liability company (LLC) and get an EIN from the IRS, you may elect to be... Read More
What Is A Registered Agent?
Each State Requires a Registered Agent For Your Company In order gain limited liability as an owner of your business you must... Read More
LLC or S Corp? The Answer is: Be Both!
Be Both An LLC AND and S-Corp! I hate to see article headlines like this one in Inc.com: “Should Your Business Be... Read More
5 Reasons Why NOW Is The Best Time In 20 Years To Start Or Grow Your Company
Part 1 of a 6 Part Series Introduction It’s no secret that change is in the air. A non-politician has moved into the... Read More
Is A Partnership Agreement Required?
You are an entrepreneur who just forming your new company; do you need a written partnership agreement (or an operating agreement, or... Read More
A Nonsense, Partisan Agenda
Here is a legal article with the self-serving name “Securing Our Nation’s Economic Future: A Sensible, Nonpartisan Agenda To Increase Long-Term Investment And Job... Read More
Subsidiary or Separate LLC?
Question I have a company in another state with my business partner, but I am relocating to Virginia and we wish to... Read More
Converting Sole Proprietorship To LLC
I see this question asked often: I’ve been operating as a sole proprietor. What business entity should I choose as a sole... Read More