Chip Wry Discusses Choosing a Business Structure in Inc. Magazine Article

Inc. Magazine's article "10 Questions to Ask Yourself Before Choosing a Business Structure" offers a primer on choosing a company's business form. Tax attorney Chip Wry notes that "choosing a business entity is like looking into the crystal ball of your company's future". The article covers some of the differences between S corp, C corp, …

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Ryan Perry Discusses Profits Interests and their Potential Business Benefits and Caveats in New Article

One of the first and most important tax-driven decisions a founder must make is the type of entity in which to house his or her venture. Though much ink has been spilled over the pros and cons of choosing a corporation versus a limited liability company, or LLC, one thing is certain: most folks understand …

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Register Now! Laying the Firm Foundation for Growth: Entity & Equity – Life Sciences Series – Panel 2

Join us at our Waltham office on June 22nd for the second panel in our Life Sciences Series, Laying the Firm Foundation for Growth: Entity & Equity.   Our expert panel will discuss whether a corporation or a limited liability company is more suitable for building an emerging company, and how to maximize the equity compensation …

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MBBP’s Chip Wry Featured in Latest Edition of Business Entities

Thomson Reuters has published an article written by MBBP's Chip Wry in its November/December issue of Business Entities.  Chip’s article, entitled Tax Consequences of Issuing Convertible Notes for a Start-Up LLC, considers certain negative tax aspects of a start-up LLC’s use of convertible notes to raise seed financing.   The full article can be read here. For any questions …

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Should You Incorporate Your Business?

By: Hillary Peterson 70% of all businesses in the country are organized as a sole proprietorship, but operating a business as an unincorporated entity is not without its disadvantages. Because of this, it is important for any business owner to consider forming a separate legal entity, such as a corporation, limited liability company or partnership, …

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Delaware Increases Corporate Formation Taxes

By: Joseph Marrow On Thursday, April 10, 2014, the Delaware legislature passed a new law, effective retroactively to January 1, 2014, which raises the annual corporate tax on limited liability companies, limited partnerships and general partnerships from $250 to $300 per year.  In addition, the legislation increases the minimum annual corporate franchise tax on businesses …

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Tax Considerations in Choosing the Form of Business Entity

By: Chip Wry Founders of a new business typically realize early on that they need to conduct the business through a legal entity to limit their personal liabilities for the debts and obligations the business generates. Often, the three entity types from which the founders must choose are the “C” corporation, the “S” corporation and …

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Daniele Ouellette Levy to Hold Office Hours at Techsandbox

On Monday, May 19th MBBP Attorney Daniele Ouellette Levy will be holding office hours at MBBP client TechSandBox, an innovation center and accelerator. The event will be offered probono for TechSandBox members and to non-members as space allows. Daniele will help registrants understand the various options when incorporating LLC, C, S and stock options/ownership set up.  Visit TechSandBox to sign up!