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 ...

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 ...

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 minutes in a single-member limited liability company is not always necessary. After all, there are no discussions or disagreements to be noted. Annual meetings are designed to hold votes on ...

(Editor’s note: “Ask the Attorney” is a VentureBeat feature allowing start-up owners to get answers to their legal questions. Submit yours in the comments below and look for answers in the coming ...

On August 28, 2017 the South Carolina Department of Revenue published Rev Rule #17-5, which updated Rev Rule #15-3 (the “Rev Rul”). The Rev Rul deals with the application of the deed recording fee on ...

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 ...

A limited liability company (LLC) is a legal business structure that offers certain protections between your personal and business assets. More specifically, LLCs can help to protect your personal ...

A federal tax lien attaches to all real and personal property of a taxpayer at the time an assessment is made by the Internal Revenue Service and continues until the liability is paid or becomes ...

There are about 15,000 New Hampshire two-member LLCs in good standing. Because they face a lesser risk of veil-piercing than single-member LLCs, two-member LLCs can provide both of their members with ...