June Walker, author, practicing accountant, workshop leader and seminar speaker in Santa Fe offers helpful tax and financial advice on her relatively new blog. The post that caught my attention: Designers Dozen: Tax Saving Tips for the Graphic Artist. "June Walker posts simple and easy-to-understand answers to complex tax questions asked by her website visitors. […]
Since this is tax season, you might be interested in this resource I just found on the website of the Internal Revenue Service (aka the "Tax Man"): Welcome to the Small Business/Self-Employed Virtual Small Business Tax Workshop. This extensive workshop is designed to help new and existing small business owners understand and meet their federal […]
Part of being a lawyer in the business of keeping business people out of court is being a big time "party pooper." Don’t do this, don’t do that, be careful or else…. This generally makes for unhappy people, because that mindset usually doesn’t stop there. Lawyers "should" on themselves too: As a lawyer, you should […]
This comes as a surprise to some people: In New York, unless there is a special law that states otherwise, you can become bound by a contract, even though you have not actually signed it. As long as you have somehow shown that you agree to the terms of the contract, you can be on […]
I am a member of the National Association of Women Business Owners, New York City Chapter, short: NAWBO-NYC. This organization brings together all kinds of women in business and has been a great source of inspiration and networking for me. Anyway, this year you can meet me at NAWBO’s premier event, the Signature Awards. Each […]
I get this search term a lot: "Registering a Small Business." People seem to think that they need to register something somewhere in order to conduct business. Well, yes and no. You can start doing business under your own name by just by doing it. You are considered a sole proprietor running a sole proprietorship. […]
The New Jersey Law Blog sheds light on the differences between limited liability companies, S corporations and just plain old corporations (i.e. C corporations) and the reasons why corporations are still the entity of choice in some situations. What they have to say is just as true for New York businesses: Several LLC limitations have […]
Al Berrios has an interesting take on the Small Business Administration and its various ways of support for small businesses. Read his analysis here. Also check out his many articles on entrepreneurship, organization and management on his company’s (Al Berrios & co.) website.
Divorcing from your business partners in a limited liability company can be just as nerve-racking, costly and life/business interrupting as divorcing your spouse. What is worse, if you failed to plan for an exit strategy in an operating agreement, you could be unsuccessful and be stuck with the LLC for good. Peter Mahler, a partner […]
Thanks to Becky McCray of SmallBiz Survival, I learned about SmallBizTechnology.com. SmallBizTechnology offers news, articles, discussion boards, resources, and analysis related to the technology needs of small businesses. Not really law related, but just as with the legal foundation of your business, it helps to be informed about technology relevant to your business.