Business Law

September 18, 2018

Forming LLC’s

In a recent article, the National Federation of Independent Business (NFIB) exclaimed that its optimism index is at an all-time high, with small-business owners planning toRead More
October 19, 2017

Trump’s Tax Plan

On September 27 of this year Congressional Republicans and President Trump released their plan for tax reform. You can read whole thing at this link:  https://www.treasury.gov/press-center/press-releases/Documents/Tax-Framework.pdfRead More
March 29, 2016
Powers & Neal 6730 N. Scottsdale Rd., Ste. 290, Scottsdale, AZ 85253 480-699-7992

Piercing the Corporate Veil

Piercing the Corporate Veil – What does it mean, exactly? First, let’s start with the concept of a corporation or limited liability company (LLC). Because theyRead More
February 15, 2016
Powers & Neal 6730 N. Scottsdale Rd., Ste. 290, Scottsdale, AZ 85253 480-699-7992

Breaking a Commercial Lease

Question: I can’t afford the commercial lease for my office.  What should I do? Answer: Many business owners are faced with the difficult issue of wantingRead More
February 9, 2016
Powers & Neal 6730 N. Scottsdale Rd., Ste. 290, Scottsdale, AZ 85253 480-699-7992

Can My LLC Be Taxed As An S-Corporation?

Question:  Can my LLC be taxed as an S-corporation? Answer:  Yes. One of the great features of a limited liability company is that it has numerousRead More
October 28, 2015
Powers & Neal 6730 N. Scottsdale Rd., Ste. 290, Scottsdale, AZ 85253 480-699-7992

Top 7 Business Legal Issues

The services our firm provides are largely dedicated to helping individuals, families, entrepreneurs and companies save on their legal costs. That is, our attorneys endeavor toRead More
April 1, 2015
Aerial View of a Southwestern Neighborhood in Scottsdale Arizona USA

Do I Need a LLC for My Rental Property?

Should I put my investment property into an LLC? Yes! An investment property is real estate that is not your primary residence and is purchased orRead More
September 29, 2014
Archive of Old Probate Books

Does My LLC Need An Operating Agreement?

Question: I want to form an Arizona LLC.  I know I need to file articles of organization with the Arizona Corporation Commission, but do I needRead More
August 12, 2014
Click and Donate

IRS Releases New Form 1023EZ

This summer, the IRS finally released the much anticipated Form 1023EZ, otherwise known as the Streamlined Application for Recognition of Exemption Under Section 501(c)(3) of theRead More
July 31, 2013

Top Tips for Deducting Charitable Donations

There are two big reasons why everyone should donate to charity. First, it makes you feel good knowing that you helped others in need. Second, youRead More