Liability Shied
Click Here To Read
Tailored Business Counsel From An Attorney With An Entrepreneurial Background
read more
Loss on Small Business Corporation Stock
Conclusions Pursuant to Section 1244 of the Internal Revenue Code of 1986, as amended, up to $100,000 of the loss on the sale of stock (which includes the stock becoming worthless) of a Small Business Corporation in any one tax year can be treated as an Ordinary Loss...
Starting Your Business: Choice of Legal Entity
Consider the Possibilities When you start a new business there is a wide array of available legal entities from which to choose, including without limitation: Sole Proprietorship Partnership (general or limited) Limited Liability Company (LLC) Corporation (“C” or “S”...
Effective September 4, 2024, the Federal Trade Commission (FTC) Invalidated Most Covenants Not to Compete.
Noncompete clauses with Senior Executives entered into before September 4, 2024, are grandfathered under the Federal Rule. However grandfathered Senior Executive noncompete clauses are still subject to restrictions under State laws. Under the Rule, a Senior Executive...
New Law Affecting Most Small Businesses
The Corporate Transparency Act (CTA) is in effect from January 1, 2024. It’s a new law that increases the reporting requirements for most small businesses. As a business owner, you will need to know if if the new rules under the CTA apply to your organization. When...