Incblog for Entrepreneurs

Covering entrepreneurship and business start up questions for non-residents and US citizens.

 

Apr 22 2009

Authority to do business in another state

by John Gordon | 11:04 GMT

The application for authority and what it really means The filing of an application for authority in a state means that the company is allowed to do business there. The laws that administer how the company is run are unaffected – this is covered by the laws of the state where it is incorporated. However, […]

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Apr 22 2009

Choice of State and expanding to new locations

by John Gordon | 11:04 GMT

Often we get asked, where should we incorporate? What’s all this about Delaware? Here’s our rules of thumb: If you just have one location, and sell locally, you’re probably best off incorporating in your state, acting as your registered agent. (Standard rule applies, of course: get a good lawyer and a good accountant first, before […]

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Apr 17 2009

Husband and Wife LLC members: is it a partnership?

by John Gordon | 10:04 GMT

If a husband and wife are both members of an LLC and file their (US) tax return jointly, are they considered one taxpayer or two? If they are one taxpayer, it would mean that the LLC is a single-member LLC, and therefore a disregarded entity who need only add the LLC’s profits and losses on […]

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