May 1, 2018
What Powers does the Registered Agent have?
The short answer is “none.” The Registered Agent has no position within the company, and no power. The Registered Agent’s job is to forward service of process to a Company’s...
Knowledge Base
May 1, 2018
Member or Manager Managed?
This question applies to limited liability companies (or LLC’s), not corporations. This is a very common question, and the answer is surprisingly not a legal one. It’s a business question....
Mar 6, 2018
If a check is made out to me personally and endorse it over to a LLC for deposit, what happens with the 1099 I receive later?
Yours is an interesting question, and much of the answer depends on what kind of LLC you’re forming (or have). If you’re forming a single-member LLC treated by the IRS...
Mar 6, 2018
I’m a non-resident alien. Can I open an Anonymous LLC?
The short answer is “yes.” Anyone can own a US-based limited liability company (or LLC), with limited exceptions (i.e. restricted parties and persons). The bigger issue relates to banks. Banks...
Mar 6, 2018
What Information Does a Bank Need to Open a Bank Account?
In the United States, all banks are required to “Known Your Customer” (called “KYC” in the banking industry) by the feds. You can learn more about this concept. Every bank...
Feb 27, 2018
Why It’s Important to Register a Copyright ASAP!
Under US Copyright Law, authors are permitted to control certain aspects of the copyrightable works they create. Examples of “rights” granted under US Copyright Law include the right to publicly...
Feb 26, 2018
Can I Use Registered Agent Address As My Business Address? Explaining Best Practices
Almost all LLC registrations in the United States require the “Physical Mailing Address” of the company to be identified. The general rule is that such an address can be located...
Feb 23, 2018
What are the Specs for Logo Submissions to the USPTO?
If you want to register a DESIGN MARK with the United Stated Patent and Trademark Office (USPTO), we need a high-quality copy of your logo. Please follow these specifications when...
Feb 21, 2018
Why is Law 4 Small Business (L4SB) Better for Me than Legal Zoom (LZ)?
We get this question more often than you may think. LegalZoom (LZ) is a well-funded, well-executed Internet company. They are blazing a trail where I personally believe my profession (i.e....
Feb 16, 2018
Which LLC Needs a FEIN?
Before I begin, please understand that the IRS has many rules that govern FEIN’s, when they are required and the issues behind applying for FEIN’s. If you want to get...
Feb 14, 2018
Do I Have to Use My International Address, if I Live Outside the USA?
The short answer is “no,” you do not need to use your actual address in whatever country you live in. When we register a LLC in the USA, we need...
Feb 11, 2018
Is it possible to have an Anonymous Corporation?
While it is possible to have an anonymous company, the truth of the matter is that company must be a limited liability company (or LLC). It cannot be a corporation....