Category: Corporations

Corporate Records – What to Keep

Courtesy of  William Bronchick, Bronchick Law Whether you’ve created a corporation or limited liability company, you must maintain records. Here’s a primer on the basic corporate records you need to maintain. At Bronchick Law we can help you set up and maintain your corporate records! Corporate Records When forming a corporation or limited liability company, […]

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Converting a Single Member LLC to an S Corp

Converting a single member LLC to an S corp may be a good move for many small business operators. Many people mistakenly set up a single member LLC when they should be using an S corporation.  The main reason a small business entrepreneur would use an S corporation over a single member LLC is the […]

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Nevada Corporation Scams

Whenever hear one of those Nevada corporation scams ad on the radio it makes me cringe.  While Nevada corporations are appropriate in certain circumstances, they have little value for real estate investors outside of the state of Nevada. Here’s the reasons the promoters give for using Nevada corporations, and my debunking of them: 1. No […]

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Form an LLC in Colorado – Legalzoom vs. Bronchicklaw

Many people flock to websites like LEGALZOOMTM to do their LLC filings to form an LLC in Colorado.  The #1 reason they do is because they think it’s easier and cheaper than using a lawyer. Let’s compare… Cost – at first blush Legalzoom.com is only $99, but if you want a tax ID#, an operating agreement, […]

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