Category: LLC

What is the LLC Tax Rate in New York?

February 9, 2018
Businesses are generally are taxed on the income the derived from the state in which they were formed. Generally, this is referred to as a “corporate income tax.”  You may be wondering what is the LLC tax rate? Or how is an LLC taxed? In New York, corporate...
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Non-Compete Clauses

March 31, 2017
So, you’ve decided to form an LLC and turn your dream into a legitimate business. By now, you’ve probably read lots of advice on the steps to you need to take to make your LLC official, including drafting an Operating Agreement. Most resources, however, don’t give you...
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How to NOT Have Your Corporate Veil Pierced

January 5, 2017
There are a number of reasons to form an LLC, S-Corp, or other corporate form, but one of the biggest reasons is right there in the first two initials of an LLC: Limited Liability. By creating an LLC or similar corporate formation for your business, you can prevent...
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Startups: Choosing Between an LLC and an S-Corp

December 21, 2016
For many startup owners and entrepreneurs, following their passion by building their own business was at least in part a way to avoid cubicle life, spreadsheets, and generally uninteresting issues of corporate finance and compliance. But as your business grows, these...
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