LLCs are not bulletproof Just like a bulletproof vest doesn’t keep your head and lower body safe, an LLC will not protect you from every possible situation. You need to learn the limitations and concerns related to Oklahoma LLCs. Otherwise, you might get hit with a bullet where the vest didn’t … [Read more...] about Why Oklahoma LLCs Aren’t Bulletproof
Archives for November 2019
Unpaid Contractor – Nothing Says Pay Like A Mechanic’s Lien
A mechanic's lien provides construction contractors with considerable leverage for unpaid work and materials. It can be really frustrating to buy materials and give quality work without being paid. Whether you're a subcontractor or a general contractor, you may have been burned. You incurred the … [Read more...] about Unpaid Contractor – Nothing Says Pay Like A Mechanic’s Lien
Should I Ask My Accountant or My Lawyer About LLC Questions?
There’s an overlap between accountants and lawyers when it comes to LLCs. How should you decide who to ask about questions regarding your LLC? The answer really comes down to your question. You should keep firmly in mind that the two professions serve quite different aspects of running a company. … [Read more...] about Should I Ask My Accountant or My Lawyer About LLC Questions?
Insurance Companies Get Sued For Bad Faith – Oklahoma Law
Oklahoma's bad faith law is quite simple and, at the same time, very complex. Doesn't that just sound like a lawyer, talking out of both sides of his mouth at the same time? You aren't finished with the first paragraph and it already sounds like double-talk! Okahoma Bad Faith Law Is … [Read more...] about Insurance Companies Get Sued For Bad Faith – Oklahoma Law
What Is Required To Maintain An LLC?
Keeping an LLC properly maintained and legally operating should be part of the internal business systems in your company. It’s also critical to operate the LLC within all governing laws. If you have an LLC, then you must give attention to these matters. The following are some tips to following … [Read more...] about What Is Required To Maintain An LLC?