News – Articles

What’s the difference between LLCs and corporations?

What's the difference between LLCs and corporations?“LLC” and “corporation” are often used interchangeably to refer to companies that are created under State law. Generally, they are similar to one another in terms of being legal entities separate from the actual...

What happens when a business owner dies?

What happens when a business owner dies?When a business owner dies, a significant issue is deciding who will be named the next owner. And this situation can get very complicated, especially if there has been no written agreement or stipulation that decides on the...

What is an “S-corp” or a “C-corp”?

What is an "S-corp" or a "C-corp"?Whether referred to as an S-Corp or a C-Corp, a company is still, in general, a legal entity that is created under State law. Regardless of the name, these two are considered legitimate corporations formed in the same manner. The only...

Will Bankruptcy Help If I Want To Keep My Business Open?

Will Bankruptcy Help If I Want To Keep My Business Open??"Will bankruptcy help me if I want to continue my business?" Clients often ask me, "I want to file bankruptcy or I’m thinking about it for my business, but I don't want to shut my doors. I don't want to close...