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Tag: Legal


Legal

Charting the Course: A Guide to Probate in Florida

January 19, 2024

Via: Small Biz Club

Losing a loved one is never easy. Amidst the grief, the legalities of settling their estate can feel overwhelming, especially in a complex legal landscape like Florida. Imagine Carlos, a young architect in Miami, grappling with the sudden loss of […]


Management, Strategy & Planning

The Legal Lowdown of Starting a New Business: A Startup Lawyer Explains

January 18, 2024

Via: Entrepreneur

Last year, more than 5 million new businesses were established in the U.S. While that may be great news for innovation and the American economy, startup founders face a unique set of legal challenges that could inhibit their success. Some […]


Legal

New Fed Reporting Law for Corps. and LLCs Starts Jan. 1

December 26, 2023

Via: Small Biz Club

Beginning January 1, 2024, new rules require some businesses to share ownership details with the U.S. government. This rule, called the Corporate Transparency Act (CTA), applies to companies filing reports with FinCEN, the Financial Crimes Enforcement Network. However, since the […]


Legal

What to Look for When You Need a Law Firm

November 15, 2023

Via: Small Biz Club

Let’s face it, no person or business gets a thrill out of hiring a law firm. Fortunately, peer-reviewed rankings have simplified the process. Best Lawyers, which has been tracking trends and innovations in the legal industry for more than four […]


Legal

Legal Firm Launches Service for Small Businesses Tempted by AI

June 14, 2023

Via: Small Business Trends

Law 4 Small Business (L4SB) has announced an innovative offering aimed at helping small businesses, business owners, and leaders. The service is specifically tailored to guide those who are tempted to seek legal advice from AI systems like ChatGPT on […]


Mergers and Acquisitions, Uncategorized

7 Strategies to Master the Art of Mergers and Acquisitions

June 6, 2023

Via: Entrepreneur

Mergers and acquisitions (M&A) are complex transactions that require careful negotiation and due diligence. Negotiating for M&A involves a variety of considerations, including valuation, deal structure, financing, legal and regulatory compliance and post-merger integration. Let’s explore some key strategies and […]


Legal

How You Structure Your Business to the IRS Can Affect More Than Your Tax Bill. Here’s What You Need to Know.

June 5, 2023

Via: Entrepreneur

The business formation structure you chose at startup may no longer be the best one for your business. As you grow, your company’s legal entity can affect your tax bill, personal assets and ability to attract investors, raise money and […]


Legal

Recent Supreme Court Decision Could Impact Small Businesses

May 22, 2023

Via: Small Business Trends

In a ruling that could have far-reaching consequences for small businesses across the nation, the U.S. Supreme Court upheld California’s Proposition 12 in the case of National Pork Producers Council v. Ross. This decision may impose additional regulatory burdens on […]


Legal

Guide to Registering a Company in Lithuania: Steps, Fees, and Compliance

April 21, 2023

Via: Small Biz Club

Opening a business in another country is a tempting idea. If done well, you can expand the scope of your company, develop new markets and find investors. It’s also a good way to save invested funds and gain additional profit. […]


Legal

S Corp vs. C Corp: What Are the Differences and Benefits?

April 7, 2023

Via: Entrepreneur

If you are new to the business world, you may not be fully aware of what S corps and C corps are. You are not alone. Many are unfamiliar with these two basic types of corporations in America. So why […]


Finance

Texas Rep and SBA Administrator Visit Fort Hood to Tout Boots to Business Program

April 6, 2023

Via: Small Business Trends

US House Small Business Committee Chairman Roger Williams (R-TX) and Small Business Administration (SBA) Administrator Isabella Casillas Guzman highlighted the importance and benefits of the SBA’s Boots to Business program after visiting Fort Hood last Friday. This visit allowed them […]


Finance

What is the De Minimis Safe Harbor?

March 21, 2023

Via: Small Business Trends

The minimis safe harbor election allows small businesses to deduct expenses that might otherwise need to be capitalized. Think of the amounts paid for things like computers. Under the safe harbor election, you might be able to deduct the entire […]


Finance

Using Venmo for Business: What You Need to Know

February 23, 2023

Via: Small Business Trends

If you run a business, you may have heard of Venmo, the mobile payment app that allows users to quickly and easily send and receive money. While Venmo is often thought of as a tool for friends and family to […]


Legal

What Is the Qualified Business Income Deduction (QBI), and Can You Claim It?

February 13, 2023

Via: Small Business Trends

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: […]


Finance

What is an ACH Payment? (+ Everything Else You Need to Know)

February 9, 2023

Via: Small Business Trends

An ACH payment is a great way to quickly and securely send direct payments from your bank account, but it’s important to understand how it works and what fees you may incur. In this article, we’ll provide everything you need […]


Legal

Your Guide to Business Tax Credits (2022 Tax Year)

February 6, 2023

Via: Small Business Trends

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 […]


Finance

16 Nondeductible Expenses for the 2022 Tax Year

February 6, 2023

Via: Small Business Trends

The 2022 tax year is here, and with it comes a slew of nondeductible expenses that could affect your bank account. Whether you’re filing taxes independently or as part of a household, knowing what isn’t deductible can help you more […]


Legal

Venmo Tax Reporting, The IRS, and 1099-K Forms: What You Need to Know

January 12, 2023

Via: Small Business Trends

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 […]


Legal

Chick-Fil-A Franchise Ownership FAQs

September 19, 2022

Via: Small Business Trends

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 […]


Legal

House Subcommittee to Hear from Small Business Owners on Right to Repair 

September 13, 2022

Via: Small Business Trends

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 […]