Disregarded Entity

A disregarded entity is a single-owner business entity that the Internal Revenue Service (IRS) “disregarded” for tax reasons. So in case, you are still wondering what is a disregarded entity or sole proprietorship, its advantages, and disadvantages This article discusses the tax choices available to sole proprietorships, the benefits, and the Continue Reading

Preemptive Right

Preemptive rights are the right of existing shareholders of a company. It allows them to purchase newly issued shares before they are made available to other investors. The right is to protect current shareholders from a loss of control or value. However, the corporate charter typically outlines preemptive rights. Shareholders Continue Reading

Garrity Right

Introduction: Public employees, including law enforcement officers facing investigatory interviews or in a disciplinary setting, have some rights from their employer, such as the Garrity right. They can inquire as to the nature of the inquiry. The nature of the inquiry—criminal or administrative—determines the appropriate warnings—Garrity, Miranda, or the Reverse Continue Reading