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Texas Professional Associations: What They Are & How to Form One
There’s a lot of confusion around professional associations and much of it originates from the context-dependent uses of the phrase.Jan. 29, 2020
Can I Turn my LLC into an S Corp?
The short answer: usually yes. In-fact, this is rather common for today’s small businesses, as the tax benefits with S Corps are hard to ignore.Nov. 5, 2019
The 5 Most Important Clauses in Your LLC Operating Agreement
There’s no standard Operating Agreement that will work across the board. Different LLCs will have their needs, but here are some things to consider.Aug. 20, 2019
What are “Classes of Interests” in an LLC Operating Agreement?
It’s important to understand your LLC's “Classes of Interests”, since they affect your company's ownership structure and members’ rights.Aug. 20, 2019
Joint Ventures v. Partnerships: Differences Business Owners Need to Know
While both partnerships and joint ventures involve multiple enterprises coming together for a common goal, there are key differences to consider.July 9, 2019
Don’t Underestimate the Taxes When Selling Your Business
Just like any other transaction, the sale of a business is considered a source of income, and sellers are often obligated to pay taxes.June 26, 2019
Can I be Taxed for Gifting My Business?
State and federal agencies want to tax any transfer of ownership, or property—especially if it involves something of value, such as a small business.June 24, 2019
Handing Your Business Over to the Next Generation
Transferring ownership of a business to the next generation can be a tricky process. Learn some of the things to consider before handing over your company.June 14, 2019
DBAs for Unincorporated Businesses
DBAs are utilized by both incorporated and unincorporated businesses, but are most commonly associated with unincorporated businesses.June 10, 2019