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Piercing the Corporate Veil is the exception to the rule

Piercing the Corporate Veil is the exception to the rule

Legal liability protection is one of the main reasons for corporate entities.  In most instances, these legal entities insulate owners from legal liability. While there are often tax, accounting and other important reasons for corporations and LLCs in a business or investment setting, at the very top of any list of reasons to establish and properly maintain […]

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phantom equity–what and why?

phantom equity–what and why?

Phantom equity, as the name indicates, has some attributes which are similar to actual equity ownership, but also has key differences. In many cases, phantom equity can be a win/win for both business owner and employee. To summarize, phantom equity gives the key employee (or several) the economic equivalent of being an owner, but without […]

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