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JD Supra: Operating Agreement Doesn’t Excuse Breach of Fiduciary Duty
JD Supra· 6 days agoMany posts on The LLC Jungle blog have focused on the fiduciary duties owed by LLC managers to both the LLC’s members and the LLC itself. Other posts have focused on the pitfalls of LLC Operating ...
CapRadio to terminate its agreement with Capital Public Radio Endowment - Sacramento Business...
The Business Journals· 4 days agoCapital Public Radio is terminating its operating agreement this summer with the Capital Public...
Managers May Be Entitled to Advancement of Legal Fees, Even If Accused of Wrongdoing
The National Law Review· 6 days agoWhere the operating agreement provides for indemnification and advancement of fees to a manager who becomes a party to any civil action “by reason of the fact that he was an authorized representative ...
Can You Open a Business Bank Account With an EIN Only?
Market Watch· 6 days agoAn Employer Identification Number (EIN), also known as a Federal Tax Identification Number,...
'Houses before spouses': Millennials and Gen Z opting to co-buy homes with friends
WJLA· 8 hours agoWASHINGTON (TND) — 'Houses before spouses' is a growing movement encouraging Millennials and Gen...
Corporate Transparency Act: Reporting Beneficial Ownership Information During an Ownership Dispute
The National Law Review· 6 days agoUnder the CTA, reporting companies must report, among other things, the identities of their beneficial owners and certain information about them to FinCEN. The CTA defines a beneficial owner ...
NorthOne Business Banking: 2024 Review
Nerdwallet· 6 days agoNorthOne's free business bank account offers a variety of online and digital tools that allow you to manage your finances.
Understanding the ABCs of LLCs
Denton Record-Chronicle· 5 days agoThe new rule requires small businesses and Limited liability companies (LLCs) to report ownership information to the Financial Crimes Enforcement Network...
What Are The Tax Advantages Of An LLC?
Forbes· 5 days agoOne of the most significant considerations when choosing a business structure for your company is: “Will it give me the most favorable tax outcome?” And...
Estate Planning for the Business Owner, Part 1: The Business Owner as a New Client
The National Law Review· 5 days agoFor most business owners, the business is the most valuable item on their balance sheet. From an...
