Business · November 17, 2022
Choosing the right business entity can have a big impact on your tax obligations. How do you decide? You need to start by understanding what relationship your business entity has with the government. In part 2 of this series, we'll cover the tax treatment of the remaining two entity structures: C Corporations and S Corporations along with discussing the benefits and drawbacks related to each one. Read more here...
November 10, 2022
Need to know how your choice of business entity affects your tax obligations? If you are not cautious, taxes can eat up a large chunk of your profits. Choosing the proper business structure can be complicated, but following our guidelines will help simplify things. Part 1 of this series looks into sole proprietorship, partnerships, and (limited liability company) LLCs. Read more here.
Business · November 03, 2022
As many of you are aware, we discussed the risks of using unconscionable contracts or small business forms to establish their businesses in part 1 of this article. The bottom line is that if someone signs your contract without understanding what they agree to. It's not easy to avoid these pitfalls, but planning can prevent even the most disastrous mistakes. Today, we'll look at the final five pitfalls to avoid when entering legal contracts for your business. Learn more here...
Business · October 27, 2022
Does your company use legal agreements? Adverse consequences like unwanted disclosure of confidential information or loss of intellectual property rights may occur if you're not careful. Don't wait any longer; protect yourself today with a well-drafted legal agreement. Here's part 1 of the ten pitfalls to avoid with your company's legal agreements. Click here to know more.
Business · October 26, 2021
Too many start-ups fail to make the transition from idea to execution or encounter major setbacks along the way. In the midst of developing your growing start-up, don’t make the common mistake of disregarding tedious, but vital tasks such as making sure all your legal, insurance, financial, and tax ducks are in a row. Establishing a solid legal system can help you avoid costly mistakes and save time and stress down the road.