Who Are the Major Parties in a Corporation? By: Barry E. Haimo, Esq. April 8, 2021 When starting a business, you need to think long and hard about which organizational structure will best serve your needs. Do you want a sole proprietorship? A partnership? Some type of...
By: Barry E. Haimo, Esq. August 09, 2016 What Are the Different Types of Corporations? Understanding how to structure and label your business in a legal and tax-favorable way can be the hardest part of getting off the ground. There are so many options out there! How...
By: Barry E. Haimo, Esq. June 2, 2016 What’s a C Corporation? As mentioned in the post entitled “What’s a Corporation?”, a corporation is a type of business made up of a group of shareholders or owners that form a single entity. Owners are legally considered...
By: Barry E. Haimo, Esq. May 24, 2016 What’s a Corporation? Starting and running a business requires hard work and dedication. But it also requires smart planning to ensure your venture will thrive and be successful. Part of that planning is deciding what kind...
By: Barry E. Haimo, Esq. May 9, 2016 What Is a Joint Venture? If the name “joint venture” makes you think of two people or entities working together to achieve something, you’re on the right track. Joint ventures typically describe a business transaction wherein two...
What is an EIN number and where do I obtain an EIN number from? EIN stands for “Employer Identification Number.” It’s used in connection with the identification of trusts, business entities and estates. “Planning with Purpose,”...