A business owner can have multiple businesses under one LLC but when is the right time to split them into multiple LLCs? Yes, it’s more bookkeeping than you might otherwise need to do. Taxes will have to be filed for each LLC, rather than…
Las Vegas Business Law Blog
Protecting Your Home’s Equity with A Homestead
Nevada homeowners should embrace the protections Nevada Homestead Law offers and protect their equity. The Nevada Homestead Law is designed to protect homeowners from entirely losing the equity of their homes. Generally, a homeowner may claim homestead protection for...
Force Majeure Clause
Force Majeure ClauseNavigating through the pandemic caused by the novel Coronavirus, many businesses are facing situations that may excuse or delay their obligations to perform under existing contracts due to the occurrence of a Force Majeure event.What is Force...
Small Business Legal Strategy for Coronavirus
As the calamity continues to change and governments around the world organize to solve the immediate threat, the long-term strategic impacts of COVID-19 also require analysis and strategic planning. All businesses, regardless of size, should prepare for the long-term...
Changes to Local Rules and Regulations for Southern Nevada Businesses
Changes to Local Rules and Regulations for Southern Nevada BusinessesLocal departments have made some changes to their operations following the Governor's directive to mitigate the risk of COVID-19. Below are some changes from Clark County and cities around...
The CARES Act for Small Businesses
With the passing of the Coronavirus Aid, Relief, and Economic Security ("CARES") Act, businesses are recommended to review the resources available to them to battle the effects of COVID-19 on their operations. We'll focus on the resources set aside for companies that...
Why Your Contract Needs a Contingency Provision
There are many reasons why you or your company should consider adding a contingency clause or provision in you contracts. These provisions can be easily overlooked before entering into a binding agreement. However, it should garner more importance since it can be used...
Incentives to Opening a Business in Nevada
Nevada is already a great place to work and set up shop without having to worry about burdensome taxation. However, the right tax deduction or access to capital can help a business lower its tax liability and/or help with its bottom line. Nevada provides a range of...
Nevada Series LLCs
A series LLC is a limited liability company with one or more internal divisions. Each division of a series LLC may have separate business activities, objectives, liabilities, assets, members, and even managers. Each series of the limited liability company is protected...
What to Include in a Non-Compete Agreement
A non-compete agreement aids businesses in protecting sensitive information. A well written non-compete agreement can protect a business' interests in many scenarios. This information can range between a wide variety of business aspects which include strategies,...
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