Gary Capouch, a retired Washington banker, invested $175,000 in Par Three Financial Inc. in Nevada. He was convinced it was a good investment opportunity and he went back to Washington. He was unaware, but later regrettedly learned, that there was a loophole in Nevada law that had concealed the fact that the company was being […]
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LLCs For Freelancers? Here’s Why It Makes Sense
Let’s discuss the benefits and pros of an LLC formed for freelance work. All this makes it more expensive for a corporation to be run than a sole proprietorship partnership or LLC. Remember this: An LLC can provide the same benefits you receive from forming corporations as an LLC. You can also do it faster […]
3 Reasons Why Part-Time Freelancers Should Form An LLC
Let’s look at what the pros and cons are, as well as financial and tax advantages of setting up an LLC to do freelancing. This means that corporations can cost more to run than sole proprietorships, partnerships, and LLCs, as they do not have employees who could be taxed, unemployed insurance or any other legal […]
Nevada Business Judgment Rule for Both Directors and Officers
Nevada Business Judgment Rule for Both Directors and Officers Published on The National Law Review (http://www.natlawreview.com) Corporate Officers: Got Business Judgment Rule? Nevada Says Yes, Delaware Maybe Not Article By:Keith Paul Bishop Francis Pileggi writes about a recent ruling by U.S. District Judge Sue L. Robinson in which she refused to consider whether the business judgment […]
Is The Offer For Free Registered Agent A Good Deal?
Let’s Examine The “Free Registered Agent” Offer. There is an offer on the Internet for “Free Registered Agent” by a company called Resident Agent Service. They are an independent reseller of InCorp services. Sure, the offer catches attention, but is it a good deal or just another advertising headline? Are you really going to save […]
Registered Agents Are Now Regulated
Nevada has come under significant federal and media scrutiny for its limited business entity information and for Registered Agent practices involving business entity creation and related services resulting in Registered Agents are now regulated by the State. Registered Agents Are Now Regulated The passage of Senate Bill 60, during the 2013 legislative session, revises the […]
