So, you’re looking to purchase a business. Before you proceed with the transaction, there may be some unexpected legal aspects you’ll want to consider. Limiting liability, cleanly and efficiently transferring ownership, and understanding tax treatment are just...
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Las Vegas Business Law Blog
What is a Mutual Release Agreement?
Are you in need of a legal document to end a business dispute? You may want to consider a Mutual Release Agreement. This is a contract in which two or more parties agree to relinquish any future claims or liabilities against each other in an effort to amicably...
Moving Your Business to Arizona
Arizona's growing economy, with access to major markets in the western United States, makes logistics and distribution more efficient. The state's business-friendly policies, affordable real estate, and a skilled and diverse workforce further enhance its appeal...
Update on the Corporate Transparency Act: March 26, 2025
All entities created in the United States, also known as "domestic reporting companies," and their beneficial owners are now exempt from the requirement to report beneficial ownership information (BOI) to FinCEN. Most existing foreign companies must report their...
What to Do When You Receive a UCC Lien in Nevada
A Uniform Commercial Code lien, or more commonly known as a UCC lien, is a part of a comprehensive set of laws governing commercial transactions in the United States. While it is not a federal law, it is adopted by each state as its own state law; meaning each...
Starting a Business for Name, Image, and Likeness (NIL) Deals
One of the best ways to increase legal protection for athletes, influencers, or individuals leveraging their personal brand is to create a business entity for a name, image, and likeness (NIL) deal. By creating a business entity, individuals can help protect...
Steps to Domesticating Your Business to Nevada
Domesticating your business in Nevada can offer many advantages, particularly due to Nevada's business-friendly environment. One of the most noteworthy benefits is the absence of a state income tax for individuals and most businesses, which can lead to...
Before You Sign a Personal Guarantee in Nevada
It is crucial to understand the full extent of your financial liability and obligations before signing a personal guarantee. A personal guarantee holds you personally responsible for the debts of a business or entity, meaning that if the business defaults,...
Moving Your Business Entity To Nevada
Moving Your Business Entity To Nevada There are a lot of benefits to being a small business owner. One of them is the freedom and flexibility to do business wherever you choose. Nevada is one of the best locations to form a business entity because of the many...
My Nevada Tax replaces the Nevada Tax Center
Project MYNT – Modernize Your Nevada Tax, is a multi-year, multi-phase project to update the Nevada tax system. There are many changes that will result from this transition, and you’ll want to check out the Nevada Department of Taxation’s website to keep up to...
