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What Are the Benefits and Risks of Forming an LLC?

By Thrash, Carroll & Vanway Law Group | July 24, 2023

If you have decided to start a business and are researching the available business entity types, you may repeatedly come across the terms “limited liability…

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IRS Revenue Ruling 2023 02 – May Affect Your Irrevocable Trust

By Thrash, Carroll & Vanway Law Group | July 11, 2023

For years, we have used lifetime gifts to irrevocable trusts for clients with large estates. Assets gifted to an irrevocable trust removes the gifted assets…

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Legal Considerations for Social Media Influencers

By Thrash, Carroll & Vanway Law Group | July 11, 2023

As a business owner, you may consider using social media to enhance your business’s engagement and reach. One way to do this is through social…

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What You Need to Know about Your Articles of Organization

By Thrash, Carroll & Vanway Law Group | June 19, 2023

We frequently recommend limited liability companies (LLC) to our clients as a flexible entity structure among small business owners that provides governance and taxation guidance…

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Social Security: Spousal Benefits and More

By Thrash, Carroll & Vanway Law Group | June 19, 2023

Social Security is best known for its retirement benefits, and for good reason. It is the largest retirement program in the United States and most…

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I wish I had an LLC!

By Thrash, Carroll & Vanway Law Group | May 30, 2023

You’ve just purchased a new vacation property, and you hope to list it throughout the years as a vacation rental. Maybe you haven’t had time…

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Yours, Mine and Ours: Marital Agreements and Estate Planning

By Thrash, Carroll & Vanway Law Group | May 22, 2023

According to data from the U.S. Census Bureau, 42 million Americans have been married more than once. Historically, nearly 75% of people who divorce remarry.…

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Pass-Through Taxation: What You Need to Know

By Thrash, Carroll & Vanway Law Group | May 18, 2023

What is a Pass-Through Business Entity? According to the Internal Revenue Service (IRS), a pass-through entity is a business that passes its income, loss, deductions,…

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New Federal Reporting Requirement for All Businesses

By Thrash, Carroll & Vanway Law Group | April 24, 2023

The Corporate Transparency Act of 2020, passed on January 1, 2021, was designed to help prevent companies from concealing their ownership of US businesses and…

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For Better or Worse Why Marital Agreements are Important

By Thrash, Carroll & Vanway Law Group | April 12, 2023

Often in these times of crypto, start-ups and other wealth creation, parents require and their children are willing to ask that anyone joining the family…

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