The term used for an owner of an LLC is “member” and an LLC can have a single member or many members. The difference between the two is fairly obvious, but can be worth addressing. Generally a single member LLC will be managed by that single member, though it is entirely possible that the single member could chose to have a manager run the LLC instead. The single owner LLC generally operates much like a sole proprietorship with the owner exerting full control over the business.
In today’s world, wherever you turn you may run into a tax – income tax, property tax, sales tax, gas tax…… and the list goes on. A question that needs to be answered for our personal injury clients is whether Uncle Sam wants his cut! Like many “law answers” — it depends.
This past Monday and every January, we celebrate and remember the renowned leader, Dr. Martin Luther King Jr., and the ideals he stood for. Dr. Martin Luther King Jr. and the other brave activists of the Civil Rights Movement achieved great heights that extended far beyond tearing down legalized racial discrimination. While there was (and […]