Be smart with your business. People are sue crazy today so be sure to
Cover your Ass…ets.
Your goal is to own nothing, but control everything with a Trust, Corporation, Limited Liability Company, or Limited Liability Partnership. Here are our recommendations:
All Content Provided by our partners: Legalzoom.com
Introduction Corporations have become the standard for many businesses in today’s business environment. Not only can they help reduce your taxes, but they can also provide peace of mind by protecting your personal assets.
Before there were corporations, investors in a business risked everything if the venture turned south. If the company lost money and didn’t have the cash to pay its creditors, the partners had to make up the difference with their own money. With the advent of the corporation, investors could be shielded from this type of liability, and as a consequence, more people were willing to invest in business ventures.
Our law library provides you with general information relating to corporations. We also outline their advantages, disadvantages, and how they compare to other business entities, including the limited liability company (otherwise known as an LLC). If you are considering forming a corporation, we urge you to carefully read these sections before determining which business entity is best for you.
If you decide to form a corporation (or even an LLC), LegalZoom can make it easy and affordable. Simply answer a few questions online, and LegalZoom will do the rest. We will generate all of the legal documents you need, and we will even file the Articles of Incorporation with the Secretary of State.
BOSS Business Services
Since 1993, BOSS Business Services has been a leader in asset protection planning, tax advice, tax preparation, estate planning and business entity structuring. Do you need a virtual office, a staff to keep your books and records, or answer your phones? BOSS Business Services is your answer. We highly recommend BOSS to anyone who already has assets to protect and wants professional tax attorney’s, CPA’s and tax specialist to help structure yourself correctly, protect your assets and reduce your taxes.
“Save Time, Money & Gain Peace of Mind”
Here is their link: http://www.bossoffice.com
Leave a Comment
By John Gittelsohn August 24, 2020, 4:00 AM PDT Some of the largest real estate investors are walking away from Read More...Late-Stage Delinquencies are Surging
Aug 21 2020, 11:59AM Like the report from Black Knight earlier today, the second quarter National Delinquency Survey from the Read More...Published by the Federal Reserve Bank of San Francisco
It was recently published by the Federal Reserve Bank of San Francisco, which is about as official as you can Read More...