December 31, 2019 / by Larry Donahue / Anonymous LLC, Corporations, LLC, Other Corporate Entities, Partnership, Taxes / 0 comments
When clients ask me what type of tax status they should elect for their company, I usually respond with, “Please ask that question to your CPA or Accountant.” After all, a good CPA or Accountant, who understands the needs of your business, is going to be able to make a good recommendation and help you […]
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Operating Agreements and Taxes: What You Need to Know
January 15, 2020 / by Ian Alden / LLC, Taxes / 0 comments
As you may have gathered from some of our previous articles (for example, read “Does your LLC have a proper Operating Agreement?” and “Important clauses for LLC Operating Agreements“), the Operating Agreement is the foundation of any limited liability company. If yours is missing a lot of key terms and conditions, or, even worse, if […]
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What is a Bad Operating Agreement?
January 13, 2020 / by Larry Donahue / Anonymous LLC, LLC / 0 comments
I bet you could guess that most of our revenue as a law firm, comes from expensive litigation. But, did you know that most of that expensive litigation is due to partnership disputes involving a bad Operating Agreement? What is a Bad Operating Agreement? An inadequate Operating Agreement is either a free template you found […]
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Free Operating Agreement Template – Bad Idea!
January 8, 2020 / by Larry Donahue / Anonymous LLC, LLC / 0 comments
A Free Operating Agreement Template doesn’t make anyone money, so you have to wonder why companies make them available? As a law firm, it probably wouldn’t surprise you to hear that we make most of our money in legal fights — when our clients are in a knock-down, dragged-out fight in litigation. Some of our […]
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Selecting the Right State to Form Your LLC
January 6, 2020 / by Larry Donahue / Anonymous LLC, LLC / 0 comments
This is one of those questions where if I was paid a quarter for every time I was asked this question, I would be a rich man indeed. There are many things to consider when choosing the right state to form your LLC in. What is the Right State to Form Your LLC? There is […]
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Important Clauses for LLC Operating Agreements
January 6, 2020 / by Larry Donahue / Anonymous LLC, LLC, Partnership / 0 comments
The Operating Agreement acts like a “partnership agreement” between the owners of a LLC. Important clauses for LLC Operating Agreements are critical, and a well-written and customized Operating Agreement for your business is essential to preventing very expensive problems from rearing their ugly heads years later. The problem for many business owners, is they formed […]
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Tax Status for Companies
December 31, 2019 / by Larry Donahue / Anonymous LLC, Corporations, LLC, Other Corporate Entities, Partnership, Taxes / 0 comments
When clients ask me what type of tax status they should elect for their company, I usually respond with, “Please ask that question to your CPA or Accountant.” After all, a good CPA or Accountant, who understands the needs of your business, is going to be able to make a good recommendation and help you […]
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Emotional Support Animals and Businesses
December 30, 2019 / by Kameron Kramer / Business Tips, EEOC Violation Defense, Employee Management, Lawsuit / 0 comments
From the airport to the doctor’s office or the local grocery store, it’s becoming more and more common to notice emotional support animals or service dogs, assisting their owners in a variety of ways. Although it might be difficult to tell them apart at first glance, there are important distinctions in the laws and roles […]
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Therapists’ Duty to Warn
December 26, 2019 / by Kameron Kramer / Business Law, Employment Law, Strategic Planning / 0 comments
In therapy, a strong therapeutic alliance between the therapist and client is central for clients to feel comfortable opening up about all kinds of personal challenges. In fact, the therapeutic alliance is often identified as the most important factor determining client success in therapy. The therapists’ protection of client confidentially—basically what is said in the […]
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New Mexico Living: David Richter
December 17, 2019 / by Sean Friend / Expungement of a Criminal Record, New Mexico / 0 comments
David Richter was invited to speak on local television station KRQE for a short segment on New Mexico Living. He spoke about a new law going into effect January 2020: New Mexico Expungement of a Criminal Record. David A. Richter graduated from the University of California at Davis School of Law (J.D., 2005) where he […]
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December 2019: Ask A Lawyer: Larry Donahue
December 16, 2019 / by Sean Friend / Ask A Lawyer, Best of Burque / 0 comments
In our twentieth installment of “Ask a Lawyer” we featured questions from Larry Donahue. He answers questions about Employee Management and NM Expungement. [Albuquerque Journal: ‘Ask a Lawyer’ Talks to Larry Donahue] Who is Larry Donahue? Larry is a seasoned high-tech business executive and 20-year attorney, with a focus in contracts, negotiations, business transactions, intellectual […]
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