Category Archives: Uncategorized

The “LLC Veil”: Thinner than it Appears?

In two recent court cases, one in New York (applying Delaware law) and one in Colorado, the courts allowed the “veil” of an LLC to be pierced on the basis that the LLC was the “alter ego” of the owners.  … Continue reading

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Corp and LLC Name Requirements and Restrictions: State by State

The following link leads to a chart that shows the requirements for and restrictions on the names of corporations and LLCs under the laws of each State: What’s in a name? That which we call a rose. . .   … Continue reading

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Sell Your Business in 2012 to Avoid Higher Tax on Capital Gains and the New Medicare Tax?

If you have been thinking about selling your business, you might want to consider a sale before the end of 2012.  Otherwise, the tax consequences could be noticeably worse. Capital Gains For shareholders who have held their shares for more … Continue reading

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NLRB Poster Requirement: Another Interesting Development

In our post of August 30, 2011, we noted that the National Labor Relations Board (NLRB) had adopted a final rule requiring most employers to notify employees of their rights under the National Labor Relations Act (NLRA) by posting a … Continue reading

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New Section 6050W of the Internal Revenue Code: How Might it Affect Your Business? 


New Section 6050W of the Internal Revenue Code, which was added by Section 3091(a) of the Housing Assistance Tax Act of 2008 (the “Act”), requires all credit card processors (such as LawPay, First Data and TSYS) and third-party payment aggregators … Continue reading

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“Back Door” SEC registration – Some Filing Issues

“Back door” registration occurs when a private operating company acquires a SEC-registered public shell company and then the parties enter into a “reverse merger”, i.e., the acquiring company (the private operating company) merges into the acquired company (the SEC reporting … Continue reading

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LLC Annual Costs by State — Updated

Updated: March 15, 2012 The following discussion of the annual costs of forming an LLC in each state and the District of Columbia apply only to LLC’s that are classified as partnerships for tax purposes.  The discussion does not apply … Continue reading

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