Our Latest Blog Posts

• Corporate and LLC Meetings, Minutes & Resolutions
  

  Business owners are often advised on the importance of holding annual meetings, documenting their minutes, and exercising proper corporate formalities as a method of preventing the “piercing of the corporate veil.” However, although many people know they should be holding meetings and doing their minutes, our experience with new business owners who do not have a history of being in the “corporate” world or serving on a “board of directors” is often a feeling of confusion and cluelessness as to what meetings and minutes are and what purposes they serve. Although the general purpose of meetings, minutes and resolutions are to document and authorize acts taken by an entity, company meetings can accomplish several other important goals that we feel are critical to a business’s long term success, for example: Strengthen the corporate veil and asset protection Document goals and objectives of the business Structure tax planning and establish bookkeeping ... Read more
• Personal Privacy versus Asset Privacy- A Unique Perspective that will Surprise You
  

  Privacy is a big topic and it’s not just about being careful with whom you share your personal information with. There are a lot of tricks and techniques out there on the ‘blogosphere’ that we could learn and implement. However, it can also be overwhelming trying to ‘hide’ our personal information in this day and age of technology, if not outright futile. It’s difficult to determine which strategies work and are worth the effort. The important point I want to make in this short article is that we need to understand what we are trying to protect, and then be targeted and exact in our privacy protection strategies. Since the publication of my last book “The Tax and Legal Playbook”, wherein I included a chapter specifically on the topic of privacy, I have started to consult with clients more and more about making the distinction between personal privacy and asset ... Read more