Category Archives: Business Entities

The Social Purpose Corporation

By John Reed and Ame Wellman Lewis With increasing frequency, companies are seeking to build social values into corporate identities. Starting June 7, 2012, Washington State will recognize “social purpose corporations,” a new form of for-profit corporation. While the primary … Continue reading

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President Obama Proposes to Expand and Make Permanent Zero Capital Gains on Small Business Investments

By Dan Wright (Principal at Clark Nuber), and Karlyn Kurokawa (Associate at Clark Nuber) On January 31, 2012, President Obama sent a Startup America Legislative Agenda to Congress that included a proposal to “expand and make permanent zero capital gains on small business … Continue reading

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Can an S Corporation Own a C Corporation?

I was asked this fundamental, basic question today: Can an S corporation own a C corporation?

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12 Reasons For A Startup Not To Be An LLC

Very seldom in our lives do we need to make 4,000 decisions in rapid succession. Welcome to the life of the owner of a startup. As decisions are made, founders often find themselves asking, “Can this seemingly mundane decision later … Continue reading

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Manager Managed LLC

A “manager managed LLC” is an LLC the management of which is vested in the managers, as opposed to the members.

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