Distinguishing between an employee and an independent contractor lies on a thin line of control. The IRS defines this control by utilizing three categories: behavioral control, financial control, and the type of relationship. As an employee, an individual is entitled to certain benefits that an employer generally guarantees such as health care, pension plan, or […]
Unlike most of the common business entities that exist today, the LLC has a fairly brief history in the United States. Entities such as partnerships, sole proprietorships and corporations have existed since the founding of the country. The LLC, however, has only existed in a recognizable form for roughly thirty-five years. What, then, led to the creation of this new entity? The single most important reason for the creation of the LLC was what has come to be known as “the tax-shield conundrum.”
Over the past few months, pop star icon Brittany Spears has been all over the national news not for her music but instead for her legal issues. From the Free Britney movement to a New York Times documentary movie, it is easily said that this case is unusual. Conservatorships are court appointed and designed to […]