A "capital contribution" is a contribution of money (cash), property (assets), services, or a promise to contribute one of the aforementioned in the future...
A registered agent (also known as a resident agent in Massachusetts) is required for all registered businesses (like an LLC or corporation) to accept...
Member-Managed v Manager-Managed: Management Structure in the LLC
When forming a limited liability company (LLC) you need to determine if you wish to be Member-Managed or Manager-Managed. In Massachusetts this election is...
Everyone knows Black Friday, and the chaos that ensues with massive chain stores and companies offering great deals on their products, and often times...
When forming a legal structure and comparing an LLC to a corporation, a common conversation is regarding requisite corporate compliance. That is the statutory...
Tax Elections and Default Classifications for Eligible Entities
There are three possible federal tax classifications for U.S. business entities: Disregarded Entity; Corporation; or Partnership Depending on the legal structure of your business...