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.”
Since the onset of the Covid-19 pandemic, one of the more common questions about vaccines is whether the government can make them mandatory. Most of the hesitancy to be vaccinated concerns safety of the various available vaccines. The vaccines currently being used have not gone through the years of testing that other vaccines, such as […]
Article II of the United States Constitution creates the framework for the Executive Branch. Section 1 states the qualifications for the president – must be a natural-born citizen, 35 years of age, and have been a resident of the U.S. for at least fourteen years – while Section 4 states that “the President, Vice President […]