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What is an Anonymous LLC?

In Corporate Formation, LLC Formation, Startups by Larry DonahueLeave a Comment

An Anonymous LLC is a limited liability company (or LLC) that does not disclose ownership information at the Secretary of State’s Office where the LLC is filed. Such an entity provides the standard benefits that all LLC’s provide, but also provides additional security in the form of anonymity. Anonymity is important to land owners / landlords, abuse victims, politically active …

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What Is Personal Liability? (And How To Avoid It)

In Business Tips, Contracts, Corporate Formation, Dispute Resolution, Litigation & Lawsuits, LLC Formation by Kristy DonahueLeave a Comment

By using LLCs, Corporations, and Insurance to your advantage, you can avoid personal liability. Forming a new business is not enough. Business owners need to engage in a daily practice of proper banking practices, utilizing insurance and proper internal policies to avoid personal liability for company obligations. This workshop is full of helpful hints to keep a business owners’ personal …

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LLC’s: What Are They and What Are Their Pros and Cons?

In Business Tips, Business Transactions, LLC Formation by Larry DonahueLeave a Comment

Limited liability companies (LLCs) are popular due to their basic benefits of liability protection and are typically used by a company with two or more owners. LLCs protect the owners’ personal assets from losses, company debts, or court rulings against the company as long as the owners keep their debts and assets separate from the LLC. LLCs may also provide …

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Why Is Privacy In Business Almost Extinct?

In Business Tips, Business Transactions, LLC Formation by Kristy DonahueLeave a Comment

In an interview with The Small Business Exchange, Larry Donahue discusses privacy in the digital age. Larry Donahue is a Partner at BLSW. Along with being tasked with Management of the Internet Division, he is also know within the legal community at large as the “Father” of the Anonymous LLC. For nearly two decades, Donahue has been explaining the virtues …

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When Your Business Partner Thinks He Is Funny…. But He Is Not.

In Break-ups & Partnership Disputes, Business Tips, Business Transactions, Contract Disputes, Contracts, Corporate Formation, Departing Partner, Dispute Resolution, Dissolve a Partnership, Employment Contract, Employment Law, Legal Compliance, Litigation & Lawsuits, LLC Formation, Partnership Dispute, Partnerships by Joseph TurnerLeave a Comment

Attorney Joe Turner weighs in on this complicated but serious issue. Dear Joe, I am in a Partnership with four other Physicians.  One of the Partners fancies himself a comedian.  He likes to send out joke emails to the entire staff and will often add improper comments to serious ones.  The problem, aside from being immature and distracting, is that often …

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Moving Out of New Mexico; Should you sell your business, or move it with you?

In Business Transactions, LLC Formation by Ian AldenLeave a Comment

If you choose to sell your business There are certainly options available to you. For example, there are business brokers who specialize in finding buyers for viable businesses. They typically take a percentage of the sale price as a fee or commission and help negotiate the terms of the sale between the buyer and seller. Typically, brokers who want to …

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What is the Right Tax Status for Your Company?

In Corporate Formation, LLC Formation, Startups by Larry DonahueLeave a Comment

When confronted with this question, I usually respond with, “Please ask that question to your CPA or Accountant.” After all, a good CPA or Accountant, who understands the needs of your business, is going to be able to make a good recommendation and help you minimize your tax exposure (legally). Read more in this article, Accountants vs. Lawyers: Using the …

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Moving your business to a different state

In Business Transactions, LLC Formation, Startups by Kameron KramerLeave a Comment

When moving to a different state, the process involved in moving your business along with you can be stressful if not completely confusing.  There are many reasons to not merely shut down the existing company and start a new one. You typically have two options, or possibly three options, depending on the state your company is organized in and the …

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Understanding Different Business Entities: LLC vs. Inc.

In Corporate Formation, LLC Formation by Don KochersbergerLeave a Comment

Knowing how your business entity should be formed is the first step to running a successful company. You may have questions about what a Limited Liability Company (LLC) is or why you might want to consider forming a corporation. You may also have questions about what is best for your company. This week, we’ll focus on the LLC and Corporations …