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A lot of people get into trouble when it comes to setting up their business structure. Usually that happens when they try to do-it-yourself to save a few dollars or hire someone to do it who isn’t a qualified expert. One of the questions that comes up is whether you should have a member-managed or ...

A shelf company is simply a company that is already set up.  If you need a company now, with no fuss and no bother, this is the best bet.  And, if you want the ultimate in protection and flexibility, then you want a Nevada Shelf LLC (limited liability company). An LLC structure offers you complete ...

If you haven’t yet filed your tax return (and this year is the year you probably REALLY want to extend it due to all the uncertainty with 2009 tax law), you can still select how you want your LLC to be taxed. So, for example, let’s say you have a single member LLC and you ...

When I go back and look at the business structures I was recommending 5+ years ago, I shudder. The rules have changed and people are more litigious then ever before. That means the type of structure you need to use has changed as well. I remember it used to be that the biggest risk to ...

When I go back and look at the business structures I was recommending 5+ years ago, I shudder.  The rules have changed and people are more litigious then ever before.  That means the type of structure you need to use has changed as well.  I remember it used to be that the biggest risk to ...