What Happens if the IRS Disallows Your Business Deductions?
Depending on your business structure and its overall success, the deductions you are able to make when filing your taxes can drastically affect your final tax responsibilities. Businesses can write off expenses related to meetings, advertising and even office...
How Much Can a Corporation Write Off in Charitable Giving?
Most people barely understand the tax rules that apply to them as individuals, so it is little surprise that corporate tax law leaves many people feeling overwhelmed and confused. Even someone who is confident about filing their personal income tax return with modern...
Is a Business Partnership Really Good for You and Your Company?
Launching a business partnership is a major move. It has the potential to work out well. However, in a worst-case nightmare, it could sour your company’s prospects and reputation. It can also burden you with messy hassles or even litigation. Picking a business...
Can Starting a Second Corporation Help Your Business Avoid Taxes?
The more revenue your business generates, the more you have to plan to minimize your tax obligations. In addition to withholding income tax payments for workers, your company will need to pay taxes based on its overall income. A good financial system can drastically...
Do You have a Business Plan or Just an Idea?
People often say that they have a plan for a new business, but they will just tell you what type of business they want the start if you ask them what that plan is. For instance, they'll tell you that they want to start a seaside restaurant or that they'd like to own...
Can Another Business Have the Same Name as Yours?
You left your job to start your own company. You spent months working on the branding, figuring out the name and getting everything set up. Then, just a few weeks before launch, you Googled your own company name. What you found is that there is another company that...
3 Simple Steps for Solving Business-to-Business Contract Disputes
Business-to-business transactions occur every day. You might rely on other businesses to provide you with contract services, like human resources help when you hire a new employee or payroll support. You may have contracts with companies that supply you with equipment...
Consider These Points When Finding a Commercial Space
Finding a location for your business is one of the most important things you can do, but you can’t focus on the location of the property and forget about some other factors. There are many things that you need to consider. Another one that many people think about is...
How Does Trademark Infringement Harm Your Company?
Trademarks define specific symbols, words, phrases or designs as yours alone, meaning that other companies cannot use them. Your company logo should be trademarked, for instance, along with other brand identifiers. If someone infringes on those marks, you can ask them...
What Should Your Company Consider Before Signing a Lease?
Commercial leases are vastly different from residential leases. If it’s time for your company to establish or renew a commercial lease, there are some very specific things that you need to consider. Taking the time to think about these can help to protect your company...