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Asset Liability Considerations for the Small Business Owner

Date: 11/01/2005 | Category: Business | Author: developers

Contrary to the simplistic advice that some incorporation promoters will give you, determining the right form of organization for your business can be tricky. First and foremost for any small-business or individual owner are the liability considerations. When people sue you, are they going to be able to go after your personal assets? Assets like your house, your car or…

Incorporating in the Sunshine State

Date: | Category: Business | Author: developers

Besides being a popular tourist destination and a retirement haven, Florida provides several advantages to a business looking to incorporate in Florida . If you are thinking about starting your own business or own your own business, you should consider the following benefits of incorporation in Florida . No personal income tax Florida has no personal income tax and regular…

Why Incorporate In Your State?

Date: 10/31/2005 | Category: Business | Author: developers

If you’re a small business owner or self-employed, what is holding you back from incorporating in your state today? Incorporating yourself or your partners as a business is a successful investment towards the future. Among the items you need to prepare or have prepared for your incorporation are the Articles of Incorporation or the Articles of Organization. The former is…

Which is better….C or S-Corporations?

Date: | Category: Business | Author: developers

One of the first things most people give consideration to when setting up a business is its structure. What will meet their needs? Will a sole-proprietorship, a partnership, a limited liability company, or a corporation work best? If you choose incorporation, will it be a C-Corporation or an S-Corporation? The option that you finally choose will depend, in large part,…

Texas Incorporation Laws Have Bite

Date: 10/28/2005 | Category: Business | Author: developers

Starting a business in Texas? Considering everything that goes into incorporation, it’s better to know the rules about establishing a business name in the Great Lone Star State. A trade name is considered a fictitious or assumed name if your business is incorporated under any name other than your own legal name. While this is a perfectly valid business practice,…

Not Just for the Fortune 500

Date: | Category: Business | Author: developers

The Sarbanes-Oxley Act of 2002 (Sar-Ox), signed into law in 2002, is one of the most significant changes ever legislated to federal securities law. The most important provisions of Sar-Ox include: Accelerated reporting of trades by insiders Public reporting of CEO and CFO compensation and profits Auditor independence and a prohibition on audit firms offering value-added (“conflict of interest”) services…