<p>Business Attorney Plan</p>
“Optional product description”
“LegalZoom transforms how people navigate the legal system with intuitive technology and access to experienced attorneys.”
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“Both protect owners so they're not personally on the hook for business liabilities or debts. But, key differences include how they're owned (LLCs have one or more individual owners and corporations have shareholders) and maintained (corporations generally have more formal record-keeping and reporting requirements). Even though LLCs are considered easier to start and maintain, investors tend to prefer corporations.”
“The way you're taxed. C corporation income is taxed twice—the business pays taxes on its net income, and then the shareholders also pay taxes on the profits they receive. With S corporation income, only the shareholders pay taxes on profits received. The Secretary of State requires articles of incorporation to form a corporation.”
“Personal liability protection. An LLC protects owners from being personally on the hook for business liabilities or debts. A sole proprietorship doesn't.”
“LLCs and corporations. You don't get personal liability protection with sole proprietorships or DBAs.”
“Yes. Attorneys in our network can answer questions covering a range of practice areas including business formations, business compliance, hiring, estate planning, real estate, family law, tax law, personal claims, and more.”
“If you’re just getting started, an attorney can help you select a formation type, review your operating agreement, review other formation documents, answer questions about how to stay compliant, and more.”
“Yes. Our network includes attorneys licensed in every state who understand both federal and state laws. We carefully screen each attorney for expertise, professionalism, and approachability. And your membership isn’t limited to the state where you operate—if you’re expanding into a new state or have questions involving another state, you can easily connect with an experienced attorney licensed there.”
“You can use attorney consultations for guidance with forms and to ask questions about court filings. If you want help filing, our plans provide a 25% discount on your consulting attorney’s hourly rate (subject to their discretion and availability).”
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