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Good advice Micah. A lot of people think once they sign the LLC document they're magically protected and can just ignore it until something comes up. One of the
by tstegart 18y ago
Good advice Micah. A lot of people think once they sign the LLC document they're magically protected and can just ignore it until something comes up. One of the advantages of LLC's over C-Corps is that they get rid of a lot of the formalities, but that doesn't mean you get to ignore everything. There are a few things that can get you in trouble, but like you mentioned, mixing your books is a HUGE deal.
- MicahWedemeyer 18y agoYep, magically protected. That's what we thought :)