Category: Colorado Law

All About Criminal Background Checks

Courtesy of William Bronchick, Bronchick Law Although my legal practice at Bronchick Law normally doesn’t deal a lot with background checks, there are times when it may be either appropriate or even necessary. Background checks are a useful screening and selection tool for companies. Of the many types of background checks, criminal background checks are […]

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Free Colorado Warranty Deed Form

We now offer free Colorado Warranty Deed form that you can create interactively online at https://bronchicklaw.com/legal-forms. Other forms include free Colorado quitclaim deed, free Colorado power of attorney for real estate, free Colorado statement of Authority, Colorado land trust, operating agreement for LLC.   Free eBook on how to protect your assets! Click Here.

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Free Colorado statement of authority form

We now offer free Colorado statement of authority form for LLC or land trust that you can create interactively online at https://bronchicklaw.com/legal-forms. Other forms include free Colorado quitclaim deed, free Colorado power of attorney for real estate, free Colorado warranty deed form, Colorado land trust, operating agreement for LLC.   Free eBook on how to […]

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How to Save Taxes in New York or Colorado with an S corporation

How to Save Taxes with an S Corporation Ever wondered why so many small businesses—more than 3,000,000 at last count—operate as an S corporation? Simple. An S corporation saves business owners big taxes in three separate ways: First, as compared to regular corporations (sometimes called C corporations), S corporation owners can use the business’s losses […]

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Guide to Colorado Business Entities William Bronchick

Business entities come in so many types that business owners can easily get confused. Hereís a quick guide that will hopefully shed a little light on business entities for you. Business Entities “C” Corporation: A corporation whose shares are held by shareholders. The entity stands apart from the shareholders for legal and tax purposes. The […]

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Nevada Corporation Scams

Whenever hear one of those Nevada corporations 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 are the reasons the promoters give for using Nevada corporations, and my debunking of them: 1. […]

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Form an LLC in Colorado – Bronchicklaw vs. Legalzoom

Many people flock to websites like LEGALZOOMTM to do their LLC filings to form an LLC in Colorado.  The #1 reason they do is that they think it’s easier, faster and cheaper than using a lawyer. Let’s compare… Review – LEGALZOOMTM is not a law firm, they just play one on TV.  Seriously, famous OJ attorney Robert […]

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Using a Land Trust with LLC as beneficiary – A Powerful Combo

Using a Land trust with LLC as beneficiary is a powerful combination for landlords and real estate investors. Many landlords title properties in an LLC for protection.  While this may provide liability protection for the owner, it does not afford any privacy.  If you look up the LLC online at the Secretary of State website, […]

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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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Quick Guide to Colorado Business Entities

Business entities come in so many types in Colorado that business owners can easily get confused. Here’s a quick guide that will hopefully shed a little light on business entities for you. Sole Proprietorship: A business owned and controlled by one person. The designation provides no protection from business liabilities. It is taxed on the person’s […]

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