Bongiovi Law Firm

50 50 Partnership Business Agreements
July 30, 2023

Operating Agreements and 50/50 Ownership

We strongly advise against holding ownership in your company 50/50 because it means the owners have to agree on every decision and…

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Money Laundering Transparency Act
June 11, 2023

What the Corporate Transparency Act Means for Small Businesses

TL;DR: Another reporting requirement and erosion of “anonymous ownership.” And now, the rest of the story… Way back in July 2006, an…

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Retire from Professional Service
September 9, 2022

How to Retire from a Professional Services Practice

An estimated 66% of businesses in the US will transfer ownership over the next ten years, whether or not the owners have…

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Business Equity Chart
June 2, 2022

Incentivizing Employees With Equity

Business owners seeking ways to reward or retain excellent service providers (employees or independent contractors) often believe that giving ownership in the…

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Business Insurance
October 8, 2021

Commercial Insurance

After following to the letter our article on how to start a business, you wipe the sweat from your brow and think, “what…

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Nevada Sales Use Tax
August 26, 2021

Successor Liability – Nevada Sales and Use Tax

When buying a Nevada business, you as buyer become liable for any unpaid amounts due the Nevada Department of Taxation (NDT) per NRS…

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Hiring Employees
August 23, 2021

How to Hire Your First Employee

First off, congratulations! You’ve made it to the point where you can’t do it all and need help.  Yay! Now, to temper…

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Las Vegas Employer Laws
July 25, 2021

2021 Laws for Nevada Employers

First and foremost, if you are an employer in Nevada, you should belong to the Nevada Association of Employers (NAE).  They offer…

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Pitfall Avoidance for Nonprofits
July 22, 2021

Pitfall Avoidance for Nonprofits

We have recently gotten a ton of new inquiries from people looking to form nonprofits and others whose board meetings must resemble…

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Buying a Business in Las Vegas
December 3, 2020

What You Should Know When Buying a Business

We often find ourselves representing the seller of a business, which is why we’ve published a couple of articles on the topic….

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So You Want a Non-Profit
November 3, 2020

So You Want to Start a Nonprofit?

First, I’m going to do my best to talk you out of it.  Regardless of your geographical location, there are likely tons…

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COVID Business Resources
June 18, 2020

COVID-19 Employer Resources

The rules are changing so quickly it’s nearly impossible to stay on top of the guidance that’s coming out.  Below we have…

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