by Jeremy Ward | Aug 15, 2012 | Employment, Transactional
The government likes tax money. Consequently, setting up a tax-exempt nonprofit corporation takes significantly more time, effort, and paperwork than forming a for-profit business entity. The rewards that come from gaining tax-exempt status, however, are well worth...
by Jeremy Ward | Sep 4, 2011 | Transactional
You are required to obtain a sales tax permit and collect sales tax for the state if you sell products or goods. Also if you lease or rent products you are required to obtain a sales tax permit and collect sales tax except for transactions relating to houses, land, or...
by Jeremy Ward | Aug 30, 2011 | Transactional
Failure to comply with LLC formalities can result in individual liability to the members of the company if the “company veil” is pierced. Here are some important procedures to follow to maintain limited liability status. Limited Liability for Company...
