Corporate

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Choosing the Right Corporate Attorney

Whether you are interested in acquiring a multimillion-dollar company or starting a small company, our corporate lawyers are experts in advising businesses on their legal rights, responsibilities, and obligations. 

If you are considering purchasing a business, establishing a new company, or going into a partnership, contacting our corporate lawyers will be one of the most important steps you can make. Our attorneys will help with any business planning needs you may have.

One of our primary responsibilities is to make sure our clients’ business transactions are in compliance with the law. We work to ensure that the provisions of any agreement are clear, unambiguous and won’t cause problems for our client in the future. Our attorneys will provide counsel in regards to the formation of your respective business, whether it be a partnership, S-corporation, C-corporation, limited liability (LLC), or other form of entity. Each formation has implications regarding taxes, exposure to personal liability, and operational flexibility.

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Most Common Types of Business Formations

1. Sole Proprietorship

A sole proprietorship is a business entity that is owned and operated by an individual.

2. Partnership

A partnership is a business with more than one owner that has not filed papers with the state to become a corporation or LLC (limited liability company).

3. Limited Liability Company

A limited liability company is a business entity that is separate from its owners, offering protection from personal liability for business debts. 

4. S Corporations

S corporations are corporations that elect to pass corporate income, losses, deductions, and credits through to their shareholders for federal tax purposes.

More About LLC's

A limited liability company is a business entity that is separate from its owners, like a corporation. Although, unlike a corporation, which has to pay its own taxes, an LLC is a “pass-through” tax entity: The profits and losses of the company pass through to its owners, who report them on their personal tax returns just as they would if they owned a partnership or sole proprietorship. Some people mistakenly think LLC stands for “limited liability corporation,” but it is not a corporation.

COMMITMENT

We are committed to fighting for our clients in every capacity

JUSTICE

Our vast knowledge and experience of the law allows us to vigorously defend all our clients

CARE

Our caring attorneys and staff members will help you to cope with your dilemmas

Exceptions to Limited Liability

While LLC owners enjoy limited personal liability for many of their business transactions, this protection is not absolute. This drawback is not unique to LLCs, however—the same exceptions apply to corporations. An LLC owner can be held personally liable if he or she:


personally and directly injures someone

fails to deposit taxes withheld from employees’ wages

treats the LLC as an extension of his or her personal affairs, rather than as a separate legal entity

Let us help you!

If you need legal assistance, please feel free to contact us. We strive to help all our clients get everything that they deserve.
Call : (818) 783-3858

info@aaronsonlawcorp.com
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