Category: Legal

March 7, 2023

The Internal Revenue Service (IRS) has issued a consumer alert warning taxpayers about new scams that involve claiming false tax credits by using wage information on tax returns. The scam artists suggest that people use tax software to manually fill […]

February 13, 2023

Are you curious about what the qualified business income deduction (QBI) is and whether or not you can take advantage of it? If so, this article will provide an in-depth overview of the QBI deduction and answer the fundamental question: […]

February 6, 2023

You may be eligible for valuable credits that can help reduce your overall liability and make running your business more affordable. This guide provides an overview of some of the most common business tax credits and what they could mean […]

January 31, 2023

Every year, the Internal Revenue Service (IRS) requires all employees to complete the W4 Form, a document that helps employers determine the correct amount of federal and state taxes to withhold from each paycheck. This form is important since it […]

January 12, 2023

Venmo tax reporting is the new hot topic this year. The Internal Revenue Service has issued some new rules for reporting business income through payment services such as Venmo, PayPal, CashApp, and other third-party payment processors and it has left […]

January 10, 2023

Marketing compliance is a term used to describe the actions and practices of a company in order to ensure that it is compliant with marketing regulations. These regulations can vary depending on the industry, geography and other factors. Generally speaking, […]

December 5, 2022

Starting a limited liability company (LLC) is not an overnight decision. However, an LLC is easier to start and maintain than other business structures. You still have to determine whether your business would benefit from it. The LLC is one […]

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 […]