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...
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Las Vegas Business Law Blog
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...
Employee Handbooks
A well-written employee handbook can foster a more engaged and informed workforce. It can also be a very time-consuming document to put together yourself. It should include sections on company mission and values, employee conduct, payroll and benefits...
What Goes into a Well-written Purchase Agreement?
A purchase agreement should provide a clear framework that outlines the terms and conditions of a sale, thus protecting all parties involved. It can help prevent future disputes by detailing the price, payment terms, and any contingencies, ensuring that both...
3 Things After an Employment Agreement is Signed
An employment agreement drafted specifically for your business will reflect the unique nature of your operations, culture, and specific job roles, while ensuring compliance with relevant labor laws and regulations. It will also protect your intellectual...
