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Differences Between Corporations and Limited Liability Companiesin Structure and Management - entered: August 26, 2005 - author: Bruce E. Methven - Corporations, The owners are shareholders and receive stock certificates. The shareholders elect the board of directors annually. b. The board of directors sets the general direction of the corporation and votes on major decisions, but does not engage in day-to-day management.click here for full text.

7 Advantages to Incorporating - dated: April 24, 2002 - author: Alex Goumakos - There's no question that hard work and a little luck is what it takes to BE successful. But a little knowledge, especially when it comes to setting up your business, will help you STAY successful. click here for full text.

I Comply, You Comply, We Comply ... Are You Sure? - dated: July 18, 2004 - author: Robert Neuberger - Failure to follow corporate formalities may expose corporate officers, directors and shareholders to personal liability. Maintaining good records, including corporate minutes, on a timely basis goes a long way toward maintaining the limited liability click here for full text.

Accommodating Individuals with Disabilities - entered: August 26, 2005 - author: Franklin, Gringer & Cohen, P.C. - The United States Equal Employment Opportunity Commission ("EEOC") recently released a comprehensive policy guidance addressing the duty of employers to provide "reasonable accommodations" to employees with disabilities under Title I of the Americans with Disabilities Act ("ADA"). Under the ADA, employers with fifteen or more employees are required to provide reasonable accommodations for individuals with disabilities, unless it would cause undue hardship. A reasonable accommodation is any change in the work environment or in the way a job is performed that enables click here for full text.

The S Corporation - entered: August 26, 2005 - author: Aaron Larson - An "S Corporation" is a corporation which has elected to have its profits pass through to its shareholders, in the same manner as a partnership or sole proprietorship. The shareholders of an S Corporation receive the benefit of limited liability, and are treated in the manner of partners for purposes of taxation. To qualify as an S Corporation, in broad terms, the corporation: click here for full text.

Sidestep The Risk Of Independent Contractors Who Aren't - dated: February 10, 2003 - author: Marc J. Lane - Whatever the parties believe or contract, the IRS has the final word about whether or not a worker is really an employee. Considering he's the richest man in the country, not all has been going Bill Gates' way. The Justice Department is after him on Antitrust grounds; he recently took a pie in the face; and his senior managers at Microsoft Corp. learned that workers can be company employees even after they sign agreements click here for full text.

Employers Beware: Love Is In The Air And Your Company May End Up Paying - dated: February 19, 2003 - author: Marc J. Lane - some employers are starting to move in a different direction. They're requiring a supervisor and a subordinate who date to disclose their relationship and sign a "love contract," professing only that their relationship is voluntary and consensual. Cupid's bow is firmly in hand today, and his arrows d'amour are carefully aimed at those whose lives he'll change forever. click here for full text.

Qualified Retirement Planning Services As a Fringe Benefit - dated: February 3, 2003 - author: Thomas Connolly - The Economic Growth and Tax Relief Reconciliation Act of 2001 (P.L. 107-16) added a new category of fringe benefit that is excludable from employees' gross wages. The Economic Growth and Tax Relief Reconciliation Act of 2001 (P.L. 107-16) added a new category of fringe benefit that is excludable from employees' gross wages - - employer-provided qualified retirement planning services. This exclusion applies to qualified retirement planning services offered for years beginning after December 31, 2001. click here for full text.

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