Stay in Control: Good LLC Governance

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The LLC is a popular way to structure a business because it provides personal liability protection to the members– like a corporation does to its shareholders–but without as many administrative formalities. But if you’re an LLC member, don’t let this lull you into complacency. As a business owner, you’re responsible for the proper governance of the LLC.  If a conflict …

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I’m Starting a New Business – Should I Use an LLC (Taxed as a Partnership) or an S Corporation?

Rincker Law Business/Commercial Law 1 Comment

Entrepreneurship has been called the new American dream. Hanging a shingle starts with an idea that develops into a business plan, but not without careful financial and legal considerations. Among the decisions that new business owners grapple with is whether to form a limited liability company taxed as a partnership (LLC) or a corporation making an S election (S corp).* …

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