As defined by the Screen Actors Guild (SAG-AFTRA), social media influencers are “popular content creators who have amassed a social media following that they capitalize on by making deals with advertisers to promote brands through the Influencer’s creative content, which they distribute through their social media feeds.” Like businesses, influencers (even though they may be […]
Why Social Media Influencers Should Form LLCs Read More »
Over the past few years, there has been a concerted effort by the US Department of Labor and state attorneys general to target businesses that misclassify employees as independent contractors. Utilizing independent contractors can, under some circumstances, help to reduce payroll expenditures and limit potential employment-related lawsuits and liability. However, courts and regulatory agencies have increasingly ruled against businesses’
Classifying Your Workers as Independent Contractors or Employees Read More »
The limited liability company (“LLC”) has quickly become one of the most popular corporate vehicles for start-ups and other new ventures. While there are some drawbacks (such as the number and type of investors permitted, and limitations with going public), the LLC combines the tax advantages of a partnership (no corporate level tax) with the
Why Operating Agreements Are a Must for Any New LLC Read More »
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