What Records Do Small Businesses Need to Keep for Taxes?
Written by Allison Kierman and Jeff Chirico Tax season is just around the corner, so now is a great time to make sure that you are retaining all the documentation …
Understanding How LLC Members Pay Taxes
Written by Allison Kierman and Jeff Chirico Limited liability companies (LLCs) are one of the most popular types of business entities. The LLC’s flexible taxation options are one reason it …
Small Business Owner Considerations for Filing Business Taxes
Written by Allison Kierman and Jeff Chirico For most entrepreneurs, handling business taxes is a daunting but necessary task. The complexities of tax preparation often lead business owners to procrastinate …
Four Things Business Owners Should Know About Trademark Infringement
Against the backdrop of globalization and the expansion of online business activity, trademark infringement is on the rise. Most elements of business branding—name, logo, design—are readily available online, making it …
How to Protect Your Great Ideas or Works for Your Family
Your money, home, and vehicles are not the only things you should include in your estate plan. Your intellectual property and any income it generates should also be addressed. You …
Should I Use a Confidentiality Agreement?
Business owners often find it necessary or desirable to keep valuable and sensitive information private. In some instances, a business may have developed certain key elements that help distinguish it …
The Dangers of DIY Contracts
Contracts are an essential component of effective business management and development. Savvy business owners recognize the value of contracts but often explore ways to reduce the cost of obtaining them. …
How to Open a Business Account
New business owners often wonder which action items to prioritize when launching a new venture. If you recently started or are about to start a business, one of the most …
Navigating Periods of Uncertainty and Unrest as a Business Owner
Uncertainty and unrest have defined 2020. From COVID-19 and record-breaking unemployment to ideological, political, and societal conflicts, business owners have faced significant challenges to their survival and success. Regardless of …
What Happens to a Limited Liability Company After a Member Dies?
Death is almost always a complicated event for the survivors, who have not only emotional but also logistical considerations to manage. However, when an owner (typically called a member) of …