Category Archives: Uncategorized

The Legal Structure of Cooperatives

Legally speaking, what is a cooperative? It is an organization that is legally owned and mutually controlled by those who make up the cooperative. Members are most often producers, consumers, or employees related to the enterprise. Cooperatives can exist in … Continue reading

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Value-Added Legal Process Outsourcing Service

Legal process outsourcing or LPO is a great support to legal entities. This involves obtaining legal support from an external service provider to manage your legal business administrative functions. This service allows many law firms to enjoy quality work and … Continue reading

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The Business Legal Checkup – Preventive Advice For the Legal Health of Your Business

More than 250 years ago, Benjamin Franklin famously said, “An ounce of prevention is worth a pound of cure”. He was advising Philadelphia homeowners to insure their homes against fire to avoid catastrophic losses. Franklin’s advice is just as applicable … Continue reading

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IRS Issues Private Letter Ruling Allowing Late “Check-The-Box” Election For Foreign Entity

Through the early 1990s, there was significant dispute over the U.S. tax classification of a foreign legal entity. Foreign legal entities have characteristics that often differ from U.S. legal entities which U.S. taxpayers are accustom to, like corporations, partnerships, sole … Continue reading

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Home Improvement Loan – Renovate Home at Low Cost Finance

You bought or build a home long time back and now it regularly requires improvements like repairing some damages. Home improvement is not limited to repairing works but instead adding a story to the home, enlarging space, building more rooms; … Continue reading

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