To Choice of Entity – A Basic Primer on Common Types Used by Small Businesses

There are many different kinds of legal entities: sole proprietorships, limited liability companies (“LLCs”), general partnerships, limited partnerships, limited liability partnerships, trusts, and corporations to name a few. I am going to focus on four of the most commonly created entities below. Each type of entity has different liability protections and tax treatment. When forming your business entity you should ask yourself two basic questions 1) how much liability risk to your personal assets are you willing to take; and, 2) how much tax would you like to pay?

Employee Background Checks - It's a Good Thing

The Corporate world has changed, along with the political and environmental worlds. Words such as ground zero, terrorist, anthrax, exit interviews for disgruntled employees were certainly not common terminology prior to 2001. These days a woman in business has to consider, is the person you hire really whom you hire? Computer hacking, feuding among co-workers, external violence from relatives, friends and former employees, not to mention a possible terrorist threat, cause executives of corporations large and small great worry.

Insurance Tips From MyCity4Her Affiliate Stacia Cook Cuthie Of Insurance Inc.

Maryland Estate Tax Legislative Update

The Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 (the “Act”) was signed into law on December 17, 2010 and makes the following changes to the federal estate tax laws

Selecting An Attorney

Selecting the proper lawyer may seem like a daunting task at times. As an attorney myself, I can only share my theory on how you can wade through the various options. There are various disciplines and practice areas that attorneys specialize in, and at any given point you may need to avail yourself of one or more of these specialists.