Now that your business is formed, don't forget to register your business with the state tax department. This is a crucial step that many business owners can easily forget. You may need to complete your state tax registration prior to completing other local...
Business Law
What is a DBA? (Doing Business As)
Many businesses use "Doing Business As" or DBAs for their company. This is also referred to as a "Fictitious Firm Name" or "Trade Name" depending on your state. From large corporations to small boutique shops, businesses use DBAs to operate under a different...
Things to Know Before Starting a Nonprofit in Nevada
Starting a nonprofit is a great way to help a community. Because a nonprofit organization’s purpose is to assist the public, they can be granted tax-exempt status by the IRS. This type of classification must be requested prior to the nonprofit operating with a...
Employer Identification Number For New Businesses
When filing your formation documents with the Secretary of State, don't forget to also apply for your business' Employer Identification Number (EIN) with the IRS. Be sure your organization is formed legally before you apply for an EIN. There are different ways...
Business Lawsuits in Arizona
Litigation in business can be a risky proposition for anyone, regardless of how strong their case may be. The reason is simple: the potential financial impact of a lawsuit. Even when someone prevails in court, they still have to spend a substantial amount of...
Terminating A Contract Early
No one should enter a contract with the intention of not fulfilling their end of the agreement. However, not every agreement goes according to plan. Sometimes terminating a contract is necessary but what exactly does this mean and how do you officially...
Operating Agreement and Bylaws
Well written operating agreements and bylaws should give business owners peace of mind. These are key documents for an LLC or corporation with a sound legal foundation. Consider drafting an operating agreement or bylaws to protect your business interests...
Corporation Directors and Other Titles
Similar to an LLC, you'll want to know the difference between the titles in a corporation. However, the structure can be more complex in a corporation. Different titles may provide different authorization and ranking in the chain of command.
Arizona Business Reinstatements
You just found out that your Arizona entity has been administratively dissolved. How do you revive or reinstate your business? Reinstatement will get your delinquent entity back to good standing, so you may resume business as usual. Let’s cover how your...
Members and Managers in LLCs
What's the difference between members and managers in LLCs? You'll want to know which classification is best for your company. Having the right title in an LLC is very important since the Secretary of State keeps track of this and grants authorization...
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