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Fancy Gap, Virginia Limited Liability Company Legal Articles

The agreeing parties consent not to disclose information covered by the agreement. This is to protect confidential and proprietary information or trade secrets; as such NDA creates a confidential relationship...     read more


How to Form an LLC File "Articles of Organization" with your state government including the name, address, and phone number of the business, and the name of the person who is the "registered agent" of...     read more


Q: Can I refuse to hire people who smoke? A: No. You can ban smoking during work hours; however you cannot prohibit the use of lawful products during nonworking hours. Q: May I call an applicant's...     read more


Advantages: Limited Personal Liability and Exposure One advantage of an LLC is the limited liability shield, which protects the personal assets of its members. Creditors, typically, cannot hold members...     read more


You should draft an operating agreement for your LLC that spells out the details of the business arrangement, including members' percentage ownership, roles, rights and responsibilities. The LLC structure...     read more


A limited liability company (LLC) combines the simplicity of pass-through taxation with the limited liability that comes with corporations. The pass-through taxation works as though the profits and losses...     read more


Entrepreneurs are the lifeblood of the American economy. Small businesses make up 99% of all businesses, employ half of all private sector employees, and have generated two thirds of new jobs in the last...     read more


Why Should I form an LLC? An LLC can protect the assets of its members by limiting the liability for acts and debts of the business. An LLC also provides pass-through taxation, meaning that taxes are...     read more


An employee manual also communicates important state and federal laws surrounding employment. It puts these items into a clear and concise written document. The employee handbook or manual needs to clearly...     read more


Single-Owner LLC For tax purposes, the IRS treats one-member LLCs as a sole proprietorship. This would mean no taxes for the LLC and no filling of income tax returns with the IRS. Being the owner of...     read more


An LLC offers several key advantages for new businesses: 1. Chart Your Own Course As the owner of a business, you want to carve out your own place under the sun by running your own show. An LLC can...     read more


The Fair Labor Standards Act mandates the federal minimum wage and includes requirements for overtime and how many hours employees can work. You also need to make sure your compensation structure and workplace...     read more


Expenses of Operating a Business Starting a business involves expenses on utilities, office supplies, repairs and advertising. This can be deducted as current business expenses as long as you already...     read more


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