POST CATEGORY : Legal

Why Incorporate Your Online Business in the United States – and How to Do It

If you have started an online business and are wondering how to incorporate in the United States in order to take advantage of a number of benefits, then this article – written in a collaboration with Ivy Answer – is for you. Read on.

Online business incorporation

Why Incorporate your Online Business?

Incorporation makes sense from a business standpoint for most online business owners, but if you are looking specifically to save money on taxes, receive better legal protection, and even better reach your market, then incorporation in the United States can really be a great deal. Of course, there are a few options as for states in which to incorporate, but we’ll cover that.…

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Business Basics: How You and Your Company can Avoid Litigation

Who doesn’t dream of running their own business and creating their empire from scratch? It’s exhilarating, exciting and incredibly rewarding – not to mention profitable! The journey from fledgling business to industry tycoon can be a rocky one, especially if you have a lawsuit on your hands.

Dealing with litigations

Having legal action taken against you is going to severely damage your reputation, your relationship with clients and potentially your profits. In short, it can undo all your hard work! So, what steps can you take to avoid litigation? Well, here you’ll find 4 of the simplest steps you can take to avoid a legal problem arising.…

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Why a Business Needs a Commercial Lawyer

For small business owners – there is a common myth that you should only enlist the services of a commercial lawyer if there is an urgent need like a plumber or an electrician. However, there are many instances where it can come in incredibly handy to have a commercial lawyer – particularly for new businesses.

Commercial lawyer

Here we discuss why every business needs a commercial lawyer.

To Assist with Corporate Governance

It could be that you have already sought after a commercial lawyer to help with the set up and incorporation of your company – but there are ongoing legal requirements that you need to take into consideration so you can keep your incorporation status.…

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Key Things to Have In Order before Calling a Real Estate Attorney

Nobody wants to have to face a real estate problem, but if the situation arises, you’ll be glad to have an experienced attorney to consult with to help you find a resolution. Before you pick up the phone and call a legal professional, there are few things you’ll want to get in order first. Here are some helpful tips that can enable you to make the most of your initial consultation.

real estate in Phoenix

Summary of the Issue at Hand

This is something that all attorneys wish their clients did beforehand, and it’s honestly something that will save you a ton of money in the long run because your attorney is assuredly charging you by the hour (most commonly in 15-minute increments).…

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Hiring Accountants and Business Advisers Makes Company Formation Simpler

When you are thinking about forming a company in Vanuatu, there are going to be many things that you will need to take into consideration. For example, there are many different licenses and permits that need to be obtained so that you can get started. If you’ve never formed a company before, then you may not even know where to begin. Even experienced businessmen and businesswomen can use professional help when forming a new company.

Company formation process

To make things easier, it is a good idea to consider reaching out to accountants and business advisers. These professionals are going to be able to give you the best possible advice to guide you to success and can make the process of company formation a whole lot easier.…

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Small Business, Big Return: Your Tax Filing Checklist for April 15

Filing taxes for the first time as a small business owner can be one of those unforeseen struggles.

To make sure you have everything you need come tax season, you need to have a tax filing checklist.

Tax filing checklist

We know how difficult and time-consuming it can be to make note of everything during hours of research.

So, instead, you can use our comprehensive tax filing checklist to save you time, money, and hassle on your tax deadline.

Tax Filing Checklist for Small Businesses

Financial Records

Keeping a record of everywhere your money goes during the fiscal year is a hallmark of good business practice and one of the top tax return tips.…

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Business Law: 3 Things To Take Into Account If You Want To Sell Your Business

There comes a point in every business owner’s life when he takes his time to think about the idea of selling his business. Deciding to part with your business, though, is no easy task. As a matter of fact it is a very stressful undertaking.

Business for sale

Selling your business can sometimes be overwhelming, and most often a difficult process to handle. This process involves a lot of consideration and evaluation. This makes it imperative that you seek the advice of professionals and think about your decision very carefully.

That is why we have compiled some of the basic considerations that you need to take into account when deciding to sell your business.…

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The Legal Bulwark: Why Even Small Businesses Need Lawyers

It’s easy for small business owners to hold off on spending their precious resources on legal assistance, especially when their business is still in its infancy. This is strange, especially when you take into consideration the fact that the very same owners rarely hesitate to spend money on accountants and insurance agents. Lawyers do not enjoy the same level of “need” as those professionals who specialize in all things finance.

Meeting with a lawyer

And the sad truth is that this is a rookie mistake that no business owner should ever make. As we are all aware, the law is a cruel mistress that shows no mercy towards those who incur her wrath.…

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Surprised By The New 2018 Tax Laws? 4 Strategies To Handle The Changes

Once you get the hang of preparing taxes for your small business, April doesn’t seem so challenging. That is, until tax laws change and suddenly you don’t know if you can still claim your small office deduction. When this happens, the need to hire a tax professional to prepare your return becomes a necessity, not just a convenience.

2018 Tax Law Changes

Not sure what to do about the tax changes that went into effect for 2018? The changes will remain in effect at least until 2025, so there’s no time like now to get acquainted with what’s new.

1. Hire a tax professional to do your taxes at least once

Hire a tax professional to do your taxes at least for the first year.…

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What You Need To Know About The SEC Whistleblower Program

The SEC whistleblower program exists to award eligible whistleblowers who avail original information that facilitates successful enforcement of SEC actions where total civil penalties surpass $1 million. As far as the eligibility for the program is concerned, any individual or group, irrespective of their citizenship, may participate in the SEC Whistleblower program – with a few qualifications and exclusions attached.

SEC Whistleblower Program

Usually, a whistleblower receives an award worth 10-30% of the monetary sanctions gathered in both the actions brought by the SEC and the related actions emanating from other regulatory and law enforcement bodies. The Congress approved the provisions of the whistleblower reward in the ‘Dodd-Frank Act’ to encourage individuals with useful insider knowledge to voluntarily come out and help the government to hand-pick and prosecute people who have breached securities laws, besides recovering money for persons who have suffered financial fraud.…

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