https://completemarkets.com/Article/article-post/2015/LIMITED-LIABILITY-COMPANIES-WHAT-YOU-NEED-TO-KNOW/
...ibility and tax advantages of a partnership. However, along with those benefit... may well be an accidental general partnership, with unlimited potential cross-liability for all partners. Is your E&O co...
https://completemarkets.com/Article/article-post/2395/Dollars-And-Sense-Of-Financial-Statements/
...t to the owners as dividends. A partnership or proprietorship will show net wo...
https://completemarkets.com/Article/article-post/1530/LEGAL-OUTLINE-FOR-CALIFORNIA-AGENCIES-CHAPTER-1/
...ORSHIP, CLUSTER OF INDIVIDUALS, PARTNERSHIP, OR CORPORATION. 1.1. Some poss...e corporate shield against personal liability important? Does the agent have s...
https://completemarkets.com/Article/article-post/2009/SELLING-YOUR-AGENCY-ASSET-vs-STOCK-SALE/
...nies, sole proprietorships, or partnerships. Because the issues for these oth... had adequate E&O and other Liability coverage, and that this coverag...
https://completemarkets.com/Article/article-post/2405/Can-Your-Agency-Become-Partners-With-A-Bank/
...re you proceed with a merger or partnership.
Where do you start? If you are an..., will the gains provided by a new partnership exceed the losses caused because of the partnership? From the bank's viewpoint, any...
https://completemarkets.com/Article/article-post/2013/Seven-Really-Big-Ones-Tax-Secrets-The-IRS-Doesnt-Want-You-To-Know/
...ive, and organized as a general partnership. Property/Casualty agencies are co...ng 'S' corporations into a general partnership.
Those agencies interested in s...
https://completemarkets.com/Article/article-post/2544/Plan-of-Merger/
...operty owned by Axis and/or any partnership in which Axis is involved with Bat...er is terminated, there shall be no liability on the part of either Constituen...
https://completemarkets.com/company/CompleteMarkets/Articles/content-package/IMMS-Library/TabCategory/article-post/281/Accounting-Audits-And-Reviews-Worth-The-Expense/
... agency. Reason: Too many of the agency's records weren't reconcilable. By the time the seller got the agency records in order, he couldn't find a buyer willing to pay nearly as much as the initial buyer had offered. The monetary losses these incidents caused are obvious, but the problems didn't end there. Lives were turned upside down. Retirement plans suffered sudden, drastic changes. Friendships and partnerships were destroyed. Lifetimes of work went down the drain when agencies were sold for pennies on the dollar. These agencies could've avoided much of this grief by obtaining annual accountant's reviews or audits. All the problems described above were innocent but expensive mistakes. An audit or accountant's review could've caught them and allowed the agencies to correct their mistakes while the pain was still relatively minor. Our industry is ... was having problems paying its companies on time. Reason: Because a huge portion of the agency's accounts receivable was uncollectible, its realistic trust ratio was actually quite poor. Problem: An agency had to be sold at a significant discount from what the ownership had believed it was worth. Reason: The agency had been entering pre-bills as accounts receivable, which is an asset, without entering an offsetting liability. Problem: An interested buyer eventually decided to pass on an agency. Reason: Too many of the agency's records weren't reconcilable. By the time the seller got the agency records in order, he couldn't find a buyer willing to pay nearly as much as the initial buyer had offered. The monetary losses these incidents caused are obvious, but the problems didn't end there. Lives were turned ...
https://completemarkets.com/Article/article-post/1534/LEGAL-OUTLINE-FOR-CALIFORNIA-AGENCIES-CHAPTER-5/
...sale of assets of the agency, a partnership liquidation of the interest of a partner in a partnership, or a statutory merger or other re...ayments fully deductible through a partnership liquidation agreement than thro...
https://completemarkets.com/Article/article-post/2406/Does-Your-Agency-Have-What-It-Takes-To-Partner-With-A-Bank/
...ill the gains provided by a new partnership more than compensate for the losses caused because of the partnership? From the bank’s viewpoint, any lo...