Rimon

What is pass-through/flow-through taxation?

Insights What is pass-through/flow-through taxation? Michael Moradzadeh · July 18, 2009

In a pass-through (or flow-through) entity, the entity’s income and expenses “pass through” the entity and are treated as the income and expenses of its owners. LLCs and S-Corporations are pass-through entities. This differs from a C-Corpoartion (which is the default form of corporation) which is taxed a corporate income tax at the end of…

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Should my business be a Corporation or an LLC?

Insights Should my business be a Corporation or an LLC? Michael Moradzadeh · July 17, 2009

If your business only has a few investors and you do not anticipate receiving outside financing in the near future, an LLC is probably best for you because of its flexibility, simplicity, and pass-through taxation (see blog entry on pass-through taxation). However, if you want a board of directors that is distinct from the officers and/or…

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What is the difference between an LLC and a Corporation?

Insights What is the difference between an LLC and a Corporation? Michael Moradzadeh · July 16, 2009

A corporation is made up of three groups of people – the shareholders, the board of directors and the officers, although the same person can hold multiple positions. The board of directors is formally elected by the shareholders and represents their interests. It is the board of directors that hires the officers of the company,…

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Why form a limited liability entity (Corporation or LLC)?

Insights Why form a limited liability entity (Corporation or LLC)? Michael Moradzadeh · July 15, 2009

A limited liability entity (a corporation or an LLC) provides both financial and liability benefits. The financial benefits include the ability to deduct more business expenses from annual revenue when calculating taxable income than would be possible without an entity. Forming a limited liability entity also helps protect your personal assets in the event of…

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Counsel to Counsel: Thinking Creatively About the Practice of Law

News May 9, 2009

Why would any law firm client be willing to pay more than the agreed upon billing rate? Why would any law firm agree up front to discount its rates for clients who are unhappy with the service they received? Well at least one law firm is banking on being on the winning side of this…

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Giant Coke Adopts Pay-For-Performance

News April 25, 2009

Among large corporations, the compensation model for vendors is changing from hourly or even flat fees to pay-for-performance. That is going to change lots faster now that giant Coke has adopted the value model. In AD AGE, the bible of the marketing industry, Jeremy Mullman and Natalie Zmuda report: “Coca-Cola Co. is trying to start an…

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Rimon Announces Israel Transactions Practice Group

News March 25, 2009

Silicon Valley, California, March 26, 2009 –(PR.com)– Rimon Law Group, Inc. is launching a practice group dedicated to serving Israeli companies and entrepreneurs doing business in the United States. According to one of Rimon’s Managing Attorneys, Michael Moradadeh, Israeli companies and citizens see the United States as a key market for their innovations. They need…

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How Hi-Tech Start-Ups Can Survive the Economic Crisis

News March 14, 2009

The Jerusalem Post Internet Edition MICHAEL MORADZADEH , THE JERUSALEM POST The economic crisis has shaken up the start-up and hi-tech community, with the credit crunch squeezing the life out of many small companies. However, crisis is often a powerful breeder of innovation, and with the stimulus bill pumping $787 billion into the US economy,…

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