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Articles, tagged with "personal liability", page 1

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Beware of Directors' Loan Accounts

15th June 2012
Copyright (c) 2012 Alison Withers Using directors' loan accounts as a device to help minimise their personal tax liabilities is often something accountants advise their clients to do. However they only work when the directors are also shareholders and ... Read >
Author: Ali Withers

Top 10 Reasons to Build Business Credit in 2012

20th February 2012
Will your startup ambitions become a reality for you in 2012? In a recent study 70% of Americans indicated they want to start their own business but many never take the leap because of lack of knowledge and direction. Let's face it, starting a bus... Read >
Author: Marco Carbajo

The Process of Insolvent Liquidation for Closing Down a Business

17th January 2011
Copyright (c) 2010 Alison Withers The formal process to close down a company is called Insolvent Liquidation. It happens when a company is insolvent, which means it does not have enough cash or liquid assets to pay its debts and the directors have conc... Read >
Author: Ali Withers

My Rates Went Up 'How Much' After My Accident?!

16th September 2010
If you have an accident, how much will your insurance premiums be? Well, it all depends on the nature of accident and how your insurance company sees it. Sometimes the rates don't change. In other situations, the policy is cancelled. Before you answer one... Read >
Author: todd@carinsuranceguidebook.com

Divorce and Auto Insurance: Is Your Child Covered For A Future Accident?

03rd December 2008
Here's a typical and all too familiar scenario. Months or years after your divorce, you hand the car keys to your minor child, who negligently wrecks the car and seriously injures another motorist. You promptly turn the claim into your insurer, thinking t... Read >
Author: Brian R.Wilson

Becoming Incorporated ' The Advantages and Disadvantages

07th April 2008
So you currently have your own business and you're pondering over whether or not you should incorporate it, or carry on as a sole trader?Before you make the incorporation decision, you need to consider all of the advantages and disadvantages that incorpor... Read >
Author: Richard Taylor

Issues with Capitalizing Your New Corporation

26th July 2007
Once you register a corporation in your state, you must go ahead and capitalize it. This raises a host of questions regarding the best way to do it and potential risks of getting it wrong. First things first. Any discussion of capitalization needs a d... Read >
Author: Richard Chapo
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