http://www.lvbusinesspress.com/articles/2010/03/08/opinion/columnists/edwards/iq_34586230.txt
Reading: “Agency seeks damages from failed bank’s officials”( http://twitthis.com/w4d6j3 )
http://www.lasvegassun.com/news/2010/jan/15/distressed-properties-blight-office-sector/
Certainly, alternative dispute resolution is not a new concept in the realm of law. Many small business owners are aware of the different forms of alternative dispute resolution: mediation, arbitration, or some hybrid of the two. Nonetheless, it is worth a reminder that mediation as a form of alternative dispute resolution can be a good [...]
Dobran v. Bunch, 125 Nevada Advance Opinion Number 36
On September 10, 2009, the Nevada Supreme Court adopted the Restatement (Third) of Suretyship and Guaranty section 14 (1966) on interpretation of guaranty agreements, at the same time as it abandoned the prior Nevada distinction between a guarantor who was compensated and one who is not, and [...]
Now, more than ever, business owners should ensure that the documentation and other legal mandates of corporations and limited liability companies are met. The failure to do so could jeopardize the business ability to stay personally clear of the debt obligation. Nevada state law requires each corporation and limited liability company to keep [...]
Recently we were asked if a single-member limited liability company (LLC) has to get a new EIN after it hired an employee. Again we provide the typical lawyer’s answer, which is “it depends.” The Internal Revenue Service (IRS) rules regarding this situation are as follows:
Single Member LLCs with Employees. For wages paid on or after [...]
A client recently changed the name of their business and asked whether they must obtain a new Employer Identification Number (EIN) from the Internal Revenue Service (IRS).
First, check whether your type of entity needs a new EIN if it changes its name.
If a new EIN is not necessary, then the business must change its business [...]
Business owners be advised that as of October 1, 2009, Nevada State Business Licenses (and renewals) will be processed by the Secretary of State’s office and will increase in cost by an estimated $100.00.
Pursuant to AB 146 passed by the 2009 Nevada Legislature, the authority for the State Business License was transferred from the Department of Taxation to [...]
Effective July 1, 2009
Registered Agent Resignation (Senate Bill 55)
Title 7 of the Nevada Revised Statutes (NRS) no longer requires a registered agent to provide the name and address of each entity noticed of a resignation. The Registered Agent will provide the Secretary of State with its RA resignation form, a written affidavit that includes the [...]
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