Should You Incorporate in Delaware, Texas or Nevada?

After Dropbox, Meta, and Tesla re-incorporated outside of Delaware, many business leaders are wondering whether they should incorporate their company in Delaware or choose Texas or Nevada instead. For decades, Delaware has been the top choice for businesses looking to...

What is the LLC Tax Rate in New York?

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...

What Are the Benefits of an LLC Over an S Corp?

If you’re like most people, you’re probably not sure where to begin when it comes to choosing which type of business you should form. Chances are you’ve been advised at one point or another to form either an LLC or an S Corp, and you might not know just what those...

How to NOT Have Your Corporate Veil Pierced

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...