Most Oregon business owners form an LLC to protect their personal assets, but many quietly destroy that protection by mixing personal and company money. This “commingling of funds” is one of the most common and dangerous mistakes new LLC owners make. What Is “Commingling” for an Oregon LLC? Commingling happens when you blur the line between yourself and your Oregon LLC Formation so much that it stops looking like a separate legal entity. Common examples include: • Using one bank account for...

The Hidden Danger of Forming an Oregon LLC Without Funding and Transferring Your Assets: A Common Mistake That Can Cost You Big As a new business owner in Oregon, you’ve taken a smart first step by forming an LLC. Filing the Articles of Organization with the Secretary of State for just $100 gives you that protective shield—limited liability to keep your personal assets safe from business debts and lawsuits. But here’s a trap many founders fall into: they stop there and never actually move...

The taxation of partnerships and Subchapter S corporations (S-corps) under the Internal Revenue Code (IRC) shares similarities as both...