There are currently about 48,000 New Hampshire LLCs, and it’s a safe bet that well over half of them are single-member LLCs whose members are individuals. So if you own a single-owner New Hampshire ...
Keeping signed minutes of meetings is required of corporations, but not LLCs. One of the reasons you form an LLC rather than a corporation is to dispense with such corporate formalities. However, the ...
I am considering doing some moonlighting work and have been reading up about forming an LLC. My main interest in using an LLC structure is liability protection as I may be doing some ...
Western Echosystems Technology, Inc. (Western) provided consulting services to GreenHunter Wind Energy ("the LLC") for the latter's wind turbine farm in Wyoming. The LLC, however, failed to pay ...
Single member limited liability companies are governed by state business laws, and state and federal tax laws. To avoid general liability, sole proprietors can take advantage of state statutes ...
In strictly technical terms, no LLC can sell shares. Ownership in an LLC, or limited liability company, is based on a percentage of the company not by the number of shares owned. That's true for ...
A recent bankruptcy opinion from Iowa sheds light on how little liability protection a single-member LLC can afford its sole owner. In re Advanced Custom Builders LLC, 2011 WL 3608004 (Bkrtcy.N.D.Iowa ...
This year, I filed business taxes for the first time. I own a single-person LLC, so it was a pretty dumbed down process. Altogether (with a pre-made P&L sheet) the process took 3 hours --approximately ...
In strictly technical terms, no LLC can sell shares. Ownership in an LLC, or limited liability company, is based on a percentage of the company not by the number of shares owned. That's true for ...