Selling An LLC | How To Sell Your Business
Selling your LLC might sound like an easy process, but there could be some severe consequences if you are not careful. This guide covers the complete process of selling your LLC and lists the steps you need to follow in order to successfully sell your LLC. Upon the inception of an LLC, members of an […]
Best Time of Year to Form an LLC
Have you been thinking of launching a new business? Then you must read this guide to select the best time of year to form an LLC. What Is an LLC (Limited Liability Company)? Almost all the states in the USA allow a business structure called the limited liability company (LLC). The idea of an LLC […]
Do LLCs Get 1099? Fully Explained!
Discover the answer to the common question that tax and accounting professionals receive all the time. Should you receive 1099 if you are an LLC? What Exactly Is The 1099 Form? 1099 is a primary information filing form that reports all the non-salary income to the IRS for federal taxation. While there are 20 different […]
Freelance LLC | Do I Need An LLC As A Freelancer?
Whether you are providing rides, delivering meals, gigging as a freelance writer, or working on a side hustle, there are laws to consider when you’re operating a small business on a freelance basis. This guide takes a look at freelance work and offers insight on why taking your freelance business under the wings of an […]
LLC Membership Certificates | The Ultimate Guide
While LLCs don’t issue “stock,” they use a similar document, called a membership certificate. Learn everything you need to know about LLC Membership Certificates. What is an LLC Membership Certificate? Just like the stock shares in corporations, certificates are issued to LLC members that specify their claim in the LLC. The membership certificate of an […]
Piercing the Corporate Veil – Rules, Court Consideration, and Cases
Read on to learn the rules about piercing the corporate veil. Learn about other ways you can become personally liable for corporate debt. What Does Piercing the Corporate Veil Mean? The term ‘corporate veil’, or corporate shield, is used to describe the segregation of businesses from their owners. It is primarily designed for liability purposes, […]
What is a Statutory Agent? LLC Registered Agent
Most states require you to have an LLC registered agent. Find out what statutory agent is and why every small business should have one! Statutory Agent Definition A statutory agent is a business entity or an individual that accepts all your legal and documents on behalf of your LLC. A statutory agent is also known […]