Tag Archives: Washington DC Business Lawyers
LLCs or S Corporations: Which is Right for My Business?
If you’re starting a new business and your needs extend beyond a sole proprietorship or partnership, you might be wondering whether you should create an LLC or a corporation. And, then, to make it more complicated, there is something called an S corporation as well. You may consider exploring a new type of business… Read More »
What is an S Corporation?
Choosing the right type of business organization is one of the most important decisions you’ll make professionally. It has long-lasting consequences, and paves the way for your business in a variety of ways, including tax filing, management and operations, and legal status. One of the newer and more popular business types is the S… Read More »
Piercing the Corporate Veil
One of the reasons corporations are a popular type of business organization is the ability to reduce personal liability, as courts generally recognize the corporation as a separate legal entity from its shareholders. When a corporation incurs debts in excess of the corporation’s assets, creditors’ claims are typically satisfied with corporate assets only, no… Read More »
