taxes

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What is Entity Conversion?

Have you talked to an accountant, CPA or even a fellow business owner, and that individual tells you “You need to be an S-Corp,” but you have a limited liability...

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November 2019: Ask A Lawyer: Ian Alden

In our eighteenth installment of “Ask a Lawyer” we featured questions from Ian Alden. [Albuquerque Journal: ‘Ask a Lawyer’ Talks to Ian Alden] Read it here Question 1 QUESTION: I...

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Banking and the Small Business Owner

The Corporate Veil:  Don’t pierce it! “Piercing the Corporate Veil” refers to the situation when a court puts aside the protections that are normally associated with an incorporation.  The very...

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Ways to Buy an Existing Business

In our previous piece (The Art of Buying and Selling a Business), we discussed some of the important issues you should consider when you want to sell or buy an...

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Regular LLC versus Anonymous LLC

What is a LLC? What is an Anonymous LLC? What is the difference between an Anonymous LLC vs a Regular LLC? Where can you get an Anonymous LLC?

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Real Estate Investment Companies

I’m often surprised by how many entrepreneurs are out there, and how many of those entrepreneurs use real estate as their primary form of investment. They come in several flavors....

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How to Form a New Mexico LLC

Listed below is a step-by-step checklist for how to form a New Mexico limited liability company (LLC). These steps will be very similar from state to state. However, depending on...

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Top 10 Goals before the 2012 New Year

In a few short months, (almost) everyone on Planet Earth will share something in common: Everyone will say good bye to 2011 and ring in the 2012 New Year. For...

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Tips for successfully joining a partnership

In a previous blog post, I talked about how Not Incorporating is Risky Business, which was directed at the sole proprietor and why they should consider incorporating their business. Suppose,...