Ongoing Management and Protection

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Ongoing Management and Protection

CorpNet’s blog posts offer a wealth of information for navigating through the ongoing management and protection of startup and business operations. Our articles are written by industry experts who have the experience to help you avoid common and unnecessary mistakes.


Registered Business Name Vs. Trademark

One of the first decisions new entrepreneurs make is “What should I name my business?” A lot of brand equity gets built around a business name, so it’s essential to protect that valuable marketing asset. During a presentation to accounting professionals, I discussed trademarks vs. registered business names and the differences in the protection and […]

2022-01-25T07:15:53-08:00January 25th, 2022|Categories: Ongoing Management and Protection|

10 Legal Documents You Must Have to Start a Small Business

If starting a new business is on your 2022 New Year’s resolution list, we’re here to help you begin on the right (and legal) path.

Here are 10 must-have legal documents you need to start a new business.

1. Business Plan

Technically, a business plan is not a “legal” document, nor is it required to start a business, […]

2022-01-05T05:23:57-08:00January 5th, 2022|Categories: Ongoing Management and Protection|

How Do LLC Owners Get Paid?

As a small business owner, how you pay yourself depends on your business’s legal structure and how you elect to pay taxes. The Limited Liability Company (LLC) is a popular legal entity offering liability protection to its owners (called members), simple compliance requirements, and tax flexibility. In fact, tax flexibility is one of the reasons […]

2021-12-21T06:26:42-08:00December 21st, 2021|Categories: Ongoing Management and Protection|

How to Draft Meeting Minutes in the New Year

Along with other annual business compliance responsibilities, corporations (and sometimes LLCs) must hold various meetings and record minutes from those meetings. With the new year ahead, new entrepreneurs and existing business owners need to make sure they understand their responsibility to hold annual meetings and draft meeting minutes.

Meetings that Require Keeping Minutes

  • Corporate annual shareholder […]
2021-12-13T09:59:03-08:00December 13th, 2021|Categories: Ongoing Management and Protection|

How Often Does an LLC Pay Taxes?

If you’re considering starting a Limited Liability Company (LLC) or restructuring your business as an LLC, it’s important to know how often an LLC pays taxes and how to file business taxes for an LLC. As an LLC, your company benefits from receiving personal liability protection without the compliance formalities required of a C Corporation. […]

2021-12-01T11:07:58-08:00December 1st, 2021|Categories: Ongoing Management and Protection|

How to File Taxes as a Limited Liability Partnership

As a startup with more than one business owner, you have your choice on how you want to legally structure your company. The decision isn’t to be taken lightly since a business’s structure affects how you organize your company, registration requirements, compliance maintenance, how you distribute income, and how you file your partnership taxes. Businesses […]

2021-10-18T11:22:18-07:00October 18th, 2021|Categories: Ongoing Management and Protection|

What You Need to Know About the Qualified Business Income Deduction

Tax considerations are a significant factor in how entrepreneurs structure their businesses. The qualified business income deduction (or QBI tax deduction) is an important tax deduction that allows eligible businesses to deduct up to 20% of their qualified business income from their taxes. As a provision of the 2017 Tax Cuts and Jobs Act […]

2021-10-07T09:19:59-07:00October 7th, 2021|Categories: Ongoing Management and Protection|

What You Need to Know About Work From Home Tax Deductions

According to Global Workplace Analytics, 25-30% of the workforce will be working from home multiple days a week by the end of 2021. Already a trend before the pandemic, remote working became the “new normal” for businesses of all sizes struggling to stay afloat during safer-at-home directives. Today, both employers and employees have found the […]

2021-10-13T12:33:01-07:00October 6th, 2021|Categories: Ongoing Management and Protection|

Filing Annual Meeting Minutes Before Year End

Depending on a business’s entity type and the state it’s registered in, its owners may be required to hold annual meetings and record minutes from those meetings. But how do you know if that requirement applies to your company?

In this article, I’m going to explain what annual meetings and annual meeting minutes are to help […]

2021-09-28T05:32:15-07:00September 28th, 2021|Categories: Ongoing Management and Protection|

Maintain Business Compliance to End the Year in Good Standing

As we move into the fall and winter months it’s time to begin thinking of year-end compliance responsibilities and business activities. We’d like to help you prepare for the year-end and we want to help you get all your legal ducks in a row. To assist in these efforts, we’ve put together a year-end compliance […]

2021-09-28T05:24:16-07:00September 27th, 2021|Categories: Ongoing Management and Protection|
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