Piercing the Corporate Veil: What It Means and How to Protect Your Assets

Protecting your personal assets is one of the most important reasons to form a corporation or LLC, but this protection isn’t guaranteed. Piercing the corporate veil can leave your personal wealth exposed if corporate formalities aren’t followed. In this blog post, The RVA Accountant, PLLC explains what piercing the corporate veil means, common pitfalls that lead to it, and essential best practices to safeguard your assets. Learn how to maintain proper corporate separation, avoid liability risks, and keep your business and personal finances secure. Read on to protect your business—and your future!