Posts Tagged ‘Numbers’

This video is in response to some excellent questions I received regarding Articles of Organization & Employer Identification Numbers.

How long does it take to hear back after I filed Articles of Organization with the Secretary of State?

As with the answer to most questions of a legal nature: it depends. Mostly, it depends on your state. The Colorado Secretary of State, for example, generally gives you confirmation of the filing immediately. In Colorado the Articles of Organization are filed electronically with the Secretary of State and in most cases your LLC is immediately registered upon filing. The turn around time in other states may be different, but in Colorado, registration is instant after you file the Articles of Organization with the Secretary of State.

Do I need a DBA or Trade Name?

“DBA” stands for “doing business as.” Some states use the term DBA, some (Colorado included) use the term “trade name” instead. The main reason you might want to register a DBA or trade name is if you are going to operate your business under a name different from the name you registered with the Secretary of State when you filed the Articles of Organization. So, for example, let’s say your LLC has one name but you want to do business under a similar or different name; you would register that DBA or Trade Name by filing a Statement of Trade Name with the Secretary of State. (In Colorado, it is a Statement of Trade Name; other states may call it something else.) However, if you are going to do business under the name that you filed under your Articles of Organization, then you don’t need to file a trade name. You may also need to register a DBA or trade name if you are operating your business as a sole proprietor and have not formed any legal business structure like an LLC or corporation.

Do I need to be registered with the state before I file an application for a Federal Tax ID number or an Employer Identification Number (EIN)?

Yes, if you are going to register your business as an LLC or a Corporation, or some other legal entity that requires registration with the state, then it is typically a good idea to register the business with the state before you submit the application to the IRS for a Federal Tax ID number. The Form SS-4, which is the application for the EIN/Federal Tax ID number (both terms mean the same thing), requires your entity name, entity structure, and the state and date the entity was formed. So, you will definitely need to have a name and structure already worked out and registered before you file an application for a Federal Tax ID number.

How long do I have to wait after filing my Articles of Organization before I can amend them?

Let’s say you successfully filed your Articles of Organization for your new LLC. (Woohoo!) Then five minutes later you realize you transposed the numbers of your business address (Oops!) or misspelled your own name (hey, it happens). You’ll need to amend the Articles of Organization to correct whatever info you messed up. If you are forming your LLC in Colorado or another state where you get confirmation of registration instantly after you have filed your Articles of Organization, you can generally file Articles of Amendment or some sort of other paperwork to make changes in your Articles of Organization instantly after the Articles of Organization have been filed. Otherwise, if your state takes a bit longer or does not automatically confirm your registration, then you should wait until you receive confirmation from your state before amending the Articles of Organization. This is because something may come up where your Articles of Organization do not get approved or registered. In that case, you would need to re-file your Articles of Organization anyway, so filing Articles of Amendment prematurely may make no difference at that point.

Contact Aiden: (720) 722-0639 and aidenkramerlaw@gmail.com

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Video Rating: / 5

Jan. 26 (Bloomberg Law) — David Segal, a reporter for the New York Times, talks with Bloomberg Law’s Lee Pacchia about his series of articles on legal education. David examines the roles played by the US News & World Report law school rankings, the American Bar Association and the schools themselves in a system that seems resistant to change, despite recent difficulties many law graduates have had finding their first jobs.
Video Rating: / 5

In which John talks about racism in the United States.

The playlist: https://www.youtube.com/playlist?list=PLMs_JcuNozJb-5TJ3uuvqPzQVjO_XarED If you have suggestions for additions, let me know!

SOURCES

On average, black men’s prison sentences are 20% longer than white men’s for comparable crimes: http://www.wsj.com/articles/SB10001424127887324432004578304463789858002

Black people and white people use illegal drugs at similar rates, but black people are far more likely to be arrested for drug use: http://www.vox.com/2014/7/1/5850830/war-on-drugs-racist-minorities

African Americans are far more likely to be stopped and searched (although the contraband hit rate is higher among white people) in California: http://articles.latimes.com/2008/oct/23/opinion/oe-ayres23

And in New York (where the data isn’t quite as good but appears to be comparable to CA): http://www.nyclu.org/content/nypd-quarterly-reports

Those wrongfully convicted and later exonerated by DNA are disproportionately African American: http://www.innocenceproject.org/Content/DNA_Exonerations_Nationwide.php

Black kids are far more likely to be tried as adults and more likely to receive life sentences: http://www.nytimes.com/roomfordebate/2012/06/05/when-to-punish-a-young-offender-and-when-to-rehabilitate/the-race-factor-in-trying-juveniles-as-adults

Black former convicts get fewer employer callbacks than white former convicts: http://www.irp.wisc.edu/publications/focus/pdfs/foc232i.pdf

Emily and Brendan are more hirable than Lakisha and Jamal: http://www.chicagobooth.edu/capideas/spring03/racialbias.html

On that front, this study is also interesting: http://psycnet.apa.org/journals/apl/90/3/553/ and similar results have been found in the UK: http://www.theguardian.com/money/2009/oct/18/racism-discrimination-employment-undercover and also in Australia: http://ftp.iza.org/dp4947.pdf

Also, this news story has some great analysis: http://www.nytimes.com/2014/12/25/business/for-recent-black-college-graduates-a-tougher-road-to-employment.html?smid=pl-share

High schools with mostly African American and Latino students are less likely to offer courses in Algebra II or Chemistry than high schools with mostly white students: https://www.documentcloud.org/documents/1382484-ocr-letter-disparities.html

This article explores many of the other ways that increasingly segregated schools have negatively affected African American students: http://www.nytimes.com/2014/12/21/sunday-review/why-are-our-schools-still-segregated.html?smid=pl-share

And this story discusses the fact that African American students are more than twice as likely to be suspended as white students–even in preschool. http://www.npr.org/blogs/codeswitch/2014/03/21/292456211/black-preschoolers-far-more-likely-to-be-suspended

The ACP report on racial disparities in U.S. health care: http://www.acponline.org/advocacy/current_policy_papers/assets/racial_disparities.pdf
This (dated) study is also damning: http://www.ncbi.nlm.nih.gov/pubmed/3695664 and there’s lot of good info here: http://en.wikipedia.org/wiki/Race_and_health

More info on increasing disparities in life expectancy between black and white people in the US: http://www.ncbi.nlm.nih.gov/pmc/articles/PMC1497364/

The most recent polls show fewer white people thinking racism is not a problem than the ones I used in this video (although still a huge divide): http://www.cnn.com/2014/12/22/politics/cnn-poll-racial-divide-justice/ and http://www.washingtonpost.com/politics/on-racial-issues-america-is-divided-both-black-and-white-and-red-and-blue/2014/12/26/3d2964c8-8d12-11e4-a085-34e9b9f09a58_story.html and http://www.thefiscaltimes.com/2014/12/28/New-Poll-Shows-Racial-Divide-Crosses-Party-Lines

Racial wealth disparity and the role that inheritance plays: http://iasp.brandeis.edu/pdfs/Author/shapiro-thomas-m/racialwealthgapbrief.pdf
Related wikipedia article: http://en.wikipedia.org/wiki/Racial_inequality_in_the_United_States

The widening of the wealth gap: http://www.pewresearch.org/fact-tank/2014/12/12/racial-wealth-gaps-great-recession/

Nonvideo recommendations: I really like Roxane Gay’s work in Slate and The Butter; this story in the NYT http://www.nytimes.com/2014/12/25/business/for-recent-black-college-graduates-a-tougher-road-to-employment.html?smid=pl-share; Chris Rock’s recent interview at http://www.hollywoodreporter.com/news/top-five-filmmaker-chris-rock-753223, and Ashley Ford’s commentary and analysis: https://twitter.com/ismashfizzle. Also Kiese Laymon’s wriitng is great, including http://gawker.com/my-vassar-college-faculty-id-makes-everything-ok-1664133077

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Video Rating: / 5

This video is a part of a series produced by Race Forward to highlight the impact of systemic racism on our everyday lives. And Yes, it’s really a thing. For more information visit RaceForward.org

Video stars Jay Smooth and is directed & edited by Kat Lazo.

TRANSCRIPT:
Have you ever wondered why, even though undocumented people come to the US from all over the world, the face of undocumented persons is always assumed to be from Central America or South America? And our heavy-handed enforcement policies, that ruin lives and tear families apart every day, are focused almost entirely on the Southern US border, and the Hispanic people of color who cross that border?

SOURCES:
http://www.colorlines.com/articles/how-racist-us-immigration-policy

http://ac.els-cdn.com/S1870355013717828/1-s2.0-S1870355013717828-main.pdf?_tid=8a4e8bc6-e905-11e4-a876-00000aacb361&acdnat=1429717253_2b95db943eee751d1fb3bdb1c7e6044d

http://www.aljazeera.com/indepth/opinion/2013/03/2013329115414268219.html
_____________________________________________________
Race Forward advances racial justice through research, media and practice. Founded in 1981, Race Forward brings systematic analysis and an innovative approach to complex race issues to help people take effective action toward racial equity. Race Forward publishes the daily news site Colorlines and presents Facing Race, the country’s largest multiracial conference on racial justice.

Twitter: https://twitter.com/RaceForward
Facebook: www.facebook.com/RaceForward

www.raceforward.org