SINCE 1974
We’re in America, so people get sued. Those with the temporary discomfort of a cup of hot coffee to the skin decide to sue—and sue everyone they can. They sweep the streets. The allegedly injured see dollar signs and decide to sue the artist, the touring company and the Queen Theater venue all as defendants, […]
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Blockchain: A better way Blockchain allows companies to conduct transactions quickly, securely and dependably. It will change transaction activity the way the Internet changed commerce, revolutionizing the way business is conducted. How? Currently, most digital assets are kept on servers or “in the cloud” on a server network. This solution poses two problems: It is […]
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LLC Charging Order: Two-Way Protection Unlike many other states, one key benefit of the Delaware LLC not available to corporations in any state is that the Delaware LLC also offers a second type of protection: the “reverse shield.” Choosing to form a Delaware LLC creates a two-way shield. Unlike the traditional shield, the reverse shield […]
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Default Tax Treatment of LLCs: Easy, But Not Usually Most Favorable For example, if an LLC begins with one member it will be taxed as a sole proprietorship, meaning all income and expenses are reported on Schedule C of the individual’s tax return. This is known as a disregarded entity for tax purposes because the […]
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