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Larry Donahue Gives Advice to Luxury Business Owners

In a recent interview with Luxe Beat Magazine, the Father of the Anonymous LLC talks privacy. Luxe Beat Magazine provides their readers with insider knowledge of unexpected luxury experiences. Targeting readers who lead a “sophisticated lifestyle”, the magazine sat down with Larry Donahue, Partner and Founder of Law 4 Small Business to discuss the use […]

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Amazon to Start Displaying Sellers’ Names and Addresses on September 1, 2020

Sellers can maintain personal privacy and shield themselves from harassment by utilizing the Anonymous LLC. Beginning September 1, 2020, Amazon will display a seller’s business name and address on their Amazon.com Seller Profile page. For individuals, Amazon will display the individual name and address associated with the Amazon seller (typically a home address). Amazon is making this […]

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What Is an Annual Report and Why Is It Important?

Some states call it an Annual Report.  Other states refer to it as an Annual Registration or Statement of Information. At the end of the day, they are all essentially the same thing. An Annual Report, or whatever your state wants to call it, is information that business entities (Limited Liability Companies, Corporations, Non-Profits, and Partnerships) […]

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Why a Pandemic Might Just be the Perfect Time to Start a Company (probably an LLC!)

The U.S. unemployment rate is at its highest rate since the Great Depression with roughly 36 million Americans now without work Even people who are still employed face increased worries about the future of their employment and are looking for new, creative ways to create an income for long-term financial stability during these uncertain times. […]

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LLC Status and Personal Liability Lawsuits

Many business owners mistakenly believe that they cannot be held personally liable for actions that were committed by or through their company.  Although setting up your business as a separate legal entity is definitely a good way to separate the liability of your business for the liability of the individual owner, such as yourself, it does […]

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Operating Agreements and Taxes: What You Need to Know

Operating Agreements and Taxes Hero Image

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?

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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