Starting a limited liability company (LLC) offers many benefits for small business owners. It limits personal liability, offers pass-through taxation, and requires fewer administrative tasks than a corporation. However, there...
You’ve just started your business and you’re ready to make it official. But what documents do you need to file to get things rolling? To establish a corporation, the process...
Free virtual workshop 3/3/2023 Workshop Description: Attorney Larry Donahue discusses the topic of LLCs, (the pros and cons) as well as the importance of a specific operating agreement that is...
A foreign limited liability company (LLC) is one that has been created in a state or country other than the one in which it conducts business. The purpose of setting...
Now that recreational cannabis use and sales is legal in the State of New Mexico, we’ve helped a lot of these businesses get started — we have helped with everything...
Attorney-client privilege is an important legal concept that allows people to have confidential conversations with their attorneys without worrying about those conversations being used against them in court. It’s a...
What is a De Facto Partnership? A de facto partnership, sometimes called an “Ad Hoc Partnership”, is an informal business arrangement between two or more parties. It is a spontaneous...
What is a Domestic Limited Liability Company? Domestic limited liability (also called a “Limited Liability Company” or “LLC”) is a type of business structure in which the owners of the...
Attorney Larry Donahue speaks to the main points one should consider when dissolving their company. Would you like to talk to an attorney today to discuss your business concerns? Sign...
L4SB and the Albuquerque Hispano Chamber of Commerce Join Forces to Educated Business Owners You can sign up for this free workshop by visiting the Hispano Chamber of Commerce’s website...
One of the very first question an individual or group of individuals should ask when starting a new business venture is, “Do we need a business entity?” The answer is...
I have seen lots of clients have non-attorneys form an LLC (or corporation) for them. CPAs, accountants, and on-line companies that are not law firms oftentimes offer business formations. Or...