Category: Legal

November 9, 2022

The Internal Revenue Service (IRS) has reminded taxpayers accepting payments through payment cards and third-party network transactions that they may receive 1099-K forms for sales over $600 in early 2023. New 1099-K Reporting Rule The IRS noted that there are […]

October 6, 2022

The Senate has passed six bills which aim to improve the U.S. Small Business Administration (SBA) and investment in small businesses, including one aimed at improving access to broadband internet. Senate Passes Small Business Cyber Training Act The Small Business […]

September 19, 2022

Are you interested in owning your own Chick-fil-A franchise? If so, you’re likely wondering about the ownership process and what’s involved. In this blog post, we’ll answer some of the most commonly asked questions about Chick-fil-A franchising. We’ll also provide […]

September 19, 2022

The U.S. Small Business Administration (SBA) has joined forces with Operation HOPE to promote the recently signed Strategic Alliance Memorandum (SAM). SBA Partners with Operation HOPE to Promote Entrepreneurship in Underserved Communities SAM aims to encourage the development of entrepreneurial […]

September 13, 2022

The House Committee on Small Business Subcommittee on Underserved, Agricultural, and Rural Business Development will hold a hearing on “Right to Repair and What it Means for Entrepreneurs” on Wednesday. Members of Congress are expected to hear testimony from the […]

August 24, 2022

A legal entity involves different individuals coming together to run a business. Various aspects affect the operations of a business depending on its type — from taxation, liability for debts, and obligations of the owners. State laws govern the business […]

August 1, 2022

As businesses grow, travel tends to become more of a fixture. However, with business travel, risks are involved, and managing travel risks as best as possible is essential. Many companies have developed a travel risk management plan as the business […]

July 18, 2022

A small business owner easily might become overwhelmed when it comes time to buy health insurance. With so many types of small business health insurance from which to choose, and so many companies offering those benefits, where is one to […]

June 16, 2022

The Internal Revenue Service (IRS) has announced that it has extended the deadline for accepting applications for the Tax Counseling for the Elderly (TCE) and Volunteer Income Tax Assistance (VITA) grant programs to June 17, 2022. Deadline for TCE and […]

June 9, 2022

Europe has the highest prevalence of tobacco smoking among adults (compared to other World Health Organisation (WHO) regions) and some of the highest levels of tobacco use by adolescents. In the EU, an estimated 700,000 premature deaths each year are […]

June 3, 2022

The ranks of women business owners are growing. There are 12.3 million women business owners in the U.S., according to the National Association of Women Business Owners (NAWBO), who employ nearly 9.4 million people and generate $1.8 trillion in annual […]

June 2, 2022

A commercial umbrella insurance policy adds more coverage to any existing liability policies you have. It covers liability claims that go above your coverage limits. It’s additional liability protection. What is Umbrella Insurance for Business? This umbrella coverage covers small […]

May 31, 2022

Oh, absolutely business owners do. If you’re operating a small business, you’re interacting at some level with a customer and this means protecting yourself with insurance. Although the cost varies by type of operation, the business insurance benefits far outweigh […]

April 13, 2022

As small business owners know, there are many types of business insurance. In fact, it can be confusing. The Business Owner’s Policy BOP is a policy that has business insurance benefits because it combines coverages under one umbrella. How much […]

January 24, 2022

If you are a small business owner, you’ll probably welcome anything that makes the tax filing process, well…a little bit less taxing. That’s where tax preparation software comes in and automates much of the process. While different programs have different […]

October 26, 2021

Congress has been debating a number of big bills that contain tax changes. Some of the proposed changes are favorable; many are not. All of them may affect your bottom line. Final tax changes may not be known for weeks, […]

October 15, 2021

Small business owners are keeping a wary eye on two pending pieces of legislation: The STEP Act and the 99.5% Act. The two proposals put forth in the Senate in late March, target inherited wealth. Proposed changes to the STEP […]

August 24, 2021

If you have a small business, the last thing you want is to get into legal trouble for some reason. Small companies and startups can be particularly vulnerable to the hazards presented by the legal system. They often lack the […]

July 22, 2021

Ah, privacy. No matter who you are or where you live, you probably appreciate its benefits in many areas of life. However, when most people think of privacy, they may not immediately think of data privacy… or how important it […]

July 20, 2021

There are a lot of benefits to being a business owner: control over your schedule, unlimited income potential, choosing projects you genuinely enjoy. But there is a lot of responsibility too. What if you don’t get the legal stuff right? […]