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 …
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. …
Ten Common Startup Mistakes – Part 1
Today seems like a good day to tie together a number of subjects I've written about in the past, as a list of the Ten Biggest Legal Mistakes Startups Make. Here are the first five: Number 1 - …
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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 …
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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 …
