Category Archives

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

Will Trump Kill the LLC?

There is an interesting provision in Donald Trump’s tax reform proposal. Specifically, he proposes to lower the corporate tax rate to 20%, while setting the maximum tax rate for LLC’s and S-corps at 25%. In essence, his proposal would penalize businesses that elect a pass-through entity structure over the traditional 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

Medical Marijuana Now Legal In Ohio

Ohio’s new medical marijuana law recently took effect, on September 8, 2016. This law, passed by the Ohio legislature, followed a failed ballot initiative that would have legalized marijuana in Ohio for recreational use, as well. The new law permits doctors to prescribe marijuana as treatment for a lengthly list 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

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

A Common Startup Mistake (and how to fix it)

When someone is running a startup company, there are all kinds of pitfalls and potential mistakes. A typical mistake many startups make is incorporating as an LLC, rather than a C corporation. In this post, I will describe why that is often a mistake, and then I will tell you Read More

Startup Checklist

In previous posts, I have provided a lot of information on various aspects of getting a startup company established. I thought it would be useful to put a lot of that information in one post, as a startup checklist. So here we go… 1. Review your employment agreement – before 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