Whether you’re downsizing or expanding, if you are selling a property, it’s anunappreciated fact that the repairs, improvements and some expenses on your RealEstate holdings get better with age. That’s the good news. The bad news is if you’re notreinvesting your profits, you may be subject to Capital Gains tax. Here are at the basics: […]
LIKE FINE WINE, PLUMBING REPAIRS GET BETTER WITH AGE! Read More »
The Corporate Transparency Act, created by the US Treasury Department in 2021, was formed to track illegal financial transactions and money laundering. The Federal Government is requiring each Individual Owner and each Beneficial Owner of all Corporations and LLCs to file a Financial Crimes Enforcement Network (FinCEN) Beneficial Ownership Identification statement AND THE DEADLINES ARE
WHAT THE HELL IS BOI AND WHAT DO YOU MEAN ALL BUSINESSES HAVE TO FILE NOW? Read More »
It’s obvious if you work for a large or midsized company that you’ll have an Employment Contract but what about Founders of Start-ups, Small Business Owners, and Family-Owned Companies? Do you need Employment Contracts? You may not think so, but you do. Why? Because Employment Contracts are essential written Agreements that protect and define responsibilities and
WHO NEEDS AN EMPLOYMENT CONTRACT? Read More »
You’re talking with a friend about a new business idea you’ve been thinking about. After you’ve explained the business model, your friend says, “I really think that’s a good concept and I’d like to be involved!” You and the friend talk further and discuss more details about how to start the business, including an understanding
ARE ORAL CONTRACTS VALID and ENFORCEABLE? Read More »
When starting a new venture, the first thing most business owners look for is a domain name to best match their brand, product, or service. In the late 1990s, when the worldwide web was just beginning to take shape, most name-specific URLs were still available, and the process was relatively simple. But these days, finding
Cybersquatting 101 Read More »
The answer depends on the specific needs of your business. Corporations and LLCs can both be excellent choices for business owners. Both forms minimize personal liability and can help build greater credibility. It is important to recognize that each type of entity offers distinct tax and business advantages. The specific needs of your business will
To Incorporate or Form an LLC? Read More »
