5 Secrets to Avoid Civil Litigation As A Business Owner
https://youtu.be/eaIgFZXQtzk Getting sued sucks! Litigation is time-consuming, stressful, and perhaps more importantly expensive. Today we talk about ways you can prevent getting sued. Even if you don’t run a business, this video will help you make sure you do not commit the costly mistakes that will get you involved with a lawsuit. NOTICE: The […]
7 Questions That Are Illegal to Ask An Employee
https://youtu.be/QcfPudMuB0Q If you are an employer, asking these questions of your employees can land you in some serious hot water. Whether it is your first or most recent hire, make sure you do not ask these questions! It is not worth the hassle and harm they will cause. NOTICE: The information on this website does […]
4 Situations That DON’T Require An LLC
In this video, we explore four specific situations in which forming a Limited Liability Company (LLC) may not be necessary or the most suitable choice for your business. Join us as we navigate various scenarios and discuss alternative business structures that may better align with specific needs and circumstances. We will guide you through the […]
7 Legal Issues to Consider Before Selling Your Product Online
If you are considering expanding your physical business or starting a home-based business, selling your products online is a great way to reach additional customers. Before you sell products online, there are several legal issues you should know to ensure that your business complies with the law and that your interests are protected. Business Entity […]
Does Your Home-based Business Qualify for the Home Office Deduction?
According to the Small Business Administration, about 50% of all businesses are home-based. If you are one of the many owners of a home-based small business, consider whether your home office meets the IRS requirements for the home office deduction, which is a sometimes overlooked way to reduce taxes. How Do I Qualify for the […]
5 Steps to Take When Winding Down (Closing) Your Business
There are many reasons business owners close shop (winding down), including retirement, starting a new venture or, hopefully, because they’ve won the lottery. No matter what the reason, it’s important to diligently wind down a business before moving on. Here are five steps to take: 1. Reach Consensus If you’re a sole proprietor, then the […]
Can A Limited Liability Company (LLC) be Taxed as An S-Corp?
In this video, we explore the intriguing question of whether a Limited Liability Company (LLC) can be taxed as an S-Corporation, unraveling the possibilities and implications of this tax classification option. Join us as we navigate the world of tax classification for LLCs and delve into the nuances of an S-Corporation tax status. Discover the […]
What Are The Disadvantages of An S-Corp?
In this video, we delve into the disadvantages of an S-Corporation, providing a comprehensive understanding of the potential drawbacks of this unique business structure. Join us as we explore the potential disadvantages of an S-Corporation and discuss the factors to consider when weighing your options. Our knowledgeable host will guide you through the intricacies, making […]
Corporation vs S-Corporation – What are the differences?
This video delves into the differences between a Corporation and an S-Corporation, providing a comprehensive understanding of these distinct business structures. Join us as we compare and contrast the features of Corporations and S-Corporations, highlighting their advantages, disadvantages, and legal implications. Discover the unique characteristics of Corporations. We’ll discuss their centralized management structure, separate legal […]
Important Upcoming Compliance Deadlines for Your Business
Busy small business owners have many tasks on their plates: A significant one is staying on top of important tax and filing deadlines. These important dates may vary depending upon the business’ structure. Here are some of the most critical deadlines business owners may need to meet over the next few months. Federal tax deadlines […]
