Monthly Archives - August 2024

Part 8 – The 8 Bad “D”s of LLCs

By Jeffery S. Watson This is the eighth and final email in a series discussing eight bad "D"s to consider when drafting an operating agreement for an LLC. If you have missed any of the previous emails in this series, you can visit WatsonInvested.com, click on the "Articles" tab at the top of the home...

Part 7 – The 8 Bad “D”s of LLCs

By Jeffery S. Watson This is the seventh in a series of emails discussing eight bad "D"s to consider when drafting an operating agreement for an LLC. 7. DEBT Too much debt will cripple or kill a company. An LLC operating agreement needs to contain clear language, which is agreed to in advance by all members, as to how much debt the LLC will...

Tax Burden by U.S. State in 2024

By Brad Beckett The Visual Capitalist reminds us that a state's tax burden measures the percent of an average person’s income that is paid towards state & local taxes. It considers property taxes, income taxes, and sales & excise tax.  Today's graphic visualizes the total tax burden by U.S. state.....Watch your wallet, stay safe, and...