Category Archives

New Corporate Governance Subscription Service

Are you a founder, officer, or major shareholder of a c-corporation? If so, keep reading… Corporate governance – nobody likes doing it, but it’s essential to maintaining your corporation’s liability shield. Also, if neglected or done incorrectly, it can be expensive to clean up, and can hold up important, time-critical Read More

New Company Formation Service Available

Customers for legal services are increasingly segmented, just like customers for any other product or service. Many consumers of legal services like to do things themselves, on their own schedule. In recognition of this fact, we now offer online company formation services for DIY-oriented consumers. You can now form an Read More

The Myth of the S-Corporation

I often hear potential clients say things like, “I want to form an S-corp,” or “should I form an LLC, S-corp, or C-corp?” This illustrates a very common misunderstanding about the nature of an S-corp. In today’s post, I hope to clear up this misunderstanding, once and for all. The Read More

Why Should I Use You Instead of Legalzoom or Clerky?

“Why should I use you to set up my business, instead of Legalzoom or Clerky? You cost more money.” I get that question occasionally from clients, and I usually answer by explaining that all those sites do is provide documents, which may or may not suit your needs. You may Read More

Delaware Franchise Taxes – Read This Before You Pay!

If you have a startup incorporated in Delaware, this is franchise tax season. Your franchise taxes for 2015 are due by March 1. Before you do anything, you need to read this post. There are two methods of calculating your franchise tax, and this is really important – Delaware allows Read More

If I Lie To My Lawyer, Will It Save Me Money?

Not a chance. Even so, I occasionally find a client or prospect holding back important information, presumably because they think it will complicate the project and cost them more money. But that’s exactly why it should cost more money – because it makes things more complicated. Let’s see it in Read More

End Of Year Corporate Housekeeping

The end of the year is typically a good time to handle any housekeeping issues. If you have a corporation or an LLC, your state may require you to make some kind of annual filing. Here is a quick overview of the requirements for Ohio, Delaware, Kentucky, and California. Ohio Read More

Choosing the Right Entity

One of the most important decisions to make when starting a business is what form the business entity will take. There are a number of options – sole proprietorship, partnership, limited liability corporation, corporation, S-corporation, etc. There are a number of different factors that go into the choice. These factors Read More