Why Freelancers Should Form a Delaware LLC

By Matthew Dochnal February 16, 2023
freelancer working at a desk

Why Freelancers Should Form a Delaware LLC Freelancers should form a Delaware LLC instead of operating a sole proprietorship for several reasons. 1.) Limited Liability Protection. An LLC provides business owners with limited liability protection, which shields their personal assets from any debts or legal liabilities associated with their business. Freelancers in high-risk industries can […]

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Why the Corporate Transparency Act Is Really a ‘Mom and Pop Lock ‘Em Up’ Act

By IncNow February 4, 2021
Capitol Building

Congress did just that in passing the 2020 National Defense Authorization Act, when it overrode Trump’s veto on January 1, 2021. This included provisions commonly known as the Corporate Transparency Act. It is the United States’ first law to require beneficial ownership disclosure requirements for LLCs and Corporations. Unfortunately, this special interest legislation by the […]

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