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May 2020 Archives

Does an oil and gas lease automatically mean drilling?

Has an oil or gas company come knocking at your door? There are all kinds of valuable mineral sources under the ground, and oil and gas companies are always looking for sources on private lands -- particularly in shale-rich Ohio where lots of rich mineral deposits are found. For a lot of people who aren't otherwise using their land, an oil or gas lease can be a welcome source of income.

What are primary differences between S and C corporations?

If you have a business concept in mind and you're considering incorporating your business around it, then you're probably keenly aware that there isn't just one type of corporate structure that you can choose from. There are instead many different ones. Each has its inherent pros and cons associated with it. If you've considered setting up either an "S" or a "C" corporation, then you probably should first know the difference between the two before you move forward it incorporating your business as one of them.

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