Your business taxes should be one of the key areas you review on a regular basis to ensure you are taking advantage of any laws in your favor. Federal, state, and local laws change often enough that you may not realize that you are missing out on substantial...
Every business should have a succession plan that provides for what will happen to the company in the event of an owner’s death or disability. This is essential to maintaining the value of the business for heirs and co-owners (if you have any). If you are an owner...
Many business owners think they don’t need or cannot afford legal advice to prevent potential legal problems. However, as the saying goes -an ounce of prevention is worth a pound of cure. While there is no replacement for a comprehensive legal risk assessment,...
If you own a business, you are subject to a host of federal, state, and local laws as well as to the terms of any agreements you made with another party (verbal or written). Any of these can result in legal liability if you fail to comply. While you may not prevent...
For many small business owners, conflicts can get personal. No matter who allegedly injured the other, you may feel wronged and want to be vindicated regardless of the cost. However, litigation should always be the last resort. It is expensive and time-consuming...
Contractual disputes are sometimes unavoidable. While a well-drafted agreement can minimize the likelihood of conflicts, it’s best to plan for how to resolve disagreements without resorting to litigation. Going to court is time-consuming and expensive. Fortunately,...