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There is a lot discussion among entrepreneurs and their advisers about whether one should simply start a business alone, or find one or more co-founders who can bring additional talents and resources to the table. Jobs and Wozniak, Bill Gates and Paul Allen, the list goes on and on of situations where there was a […]

There is much literature praising the benefits of LLCs as a new business form for the small to medium-size business owner. LLCs are indeed an advantageous business model because, unlike corporations, profits and losses can pass directly through to the owner’s personal income tax return while the owner’s personal assets are shielded from liability. But this protection is not unlimited, and if the owners of an LLC do not take adequate precautions, they can find themselves facing a potential lawsuit without the benefit of having their personal assets protected from a judgment against the LLC.

Did you know… …that, in Ireland, the most common Director firstname is John and surname is Murphy? Or that the most common Director star sign is Cancer and the most common Director postcode is Dublin 4? So if you’re name is John Murphy, you live in Dublin 4 and have a birthday sometime between 22nd […]

This is from the IRS website: Q. A non resident alien who doesn’t meet the 183 day test is a partner in a US partnership where the US partnership deals with rentals; must he file an FBAR? A. With the October 2008 revision to the FBAR form and instructions, FBARs are now required by nonresidents […]