by Elizabeth Potts Weinstein | Jun 9, 2016 | EPW Live
Do you own an LLC?On EPW Live 003, Elizabeth Potts Weinstein shared the 3 top mistakes Limited Liability Company owners make to lose the protections of their LLC, and how to avoid them.She also talked about why so many LLCs are formed in Nevada, Wyoming, and Delaware...
by Elizabeth Potts Weinstein | Feb 23, 2015 | Legal
I get this question all the time: should a new Limited Liability Company (LLC) be formed in Nevada, since that is (allegedly) the best state for a new business?The rumor is that forming your LLC in Nevada will save you money, but usually the opposite is true (except...
by Elizabeth Potts Weinstein | Feb 9, 2015 | Legal
Did you have your CPA, bookkeeper, tax preparer, virtual assistant, or online business manager form your Limited Liability Company (LLC)?Um … there’s a problem with that. Want Legal Lucidity™? Sign up for the quarterly Legal Lucidity™ email...
by Elizabeth Potts Weinstein | Oct 1, 2014 | Legal
If you’re thinking of forming a Limited Liability Company (LLC), one consideration is how forming the LLC will change your tax status as a business and as a business owner.Here’s the deal:Default Rule is that LLCs are Taxed as a Sole Proprietorship or a PartnershipIf...
by Elizabeth Potts Weinstein | Sep 30, 2014 | Legal
There are many “experts” out there writing about how forming a LLC is an important step in having a real business.But what is a LLC, really, and what does it do for you?While some one-person businesses are better off as sole proprietorships, forming a Limited...
