What Do US Based Business Owners Need to Know About GDPR? There has been, and will likely continue to be, a lot of news about the GDPR. This article serves as a starting point for US based small business owners. Our hope is that you will find some useful information and seek direction from your […]
Business Law
Case Study: Non-Compete, Non-Disclosure, and Non-Solicitation Agreements (“NDA”)
The basics of a NDA Non-compete , non-disclosure, and non-solicitation agreements, commonly grouped as a non-disclosure agreement or NDA. The NDA serves to protect a company’s intellectual property, client database, trade secrets, and more from its employees and/or contractors. These types of agreements come under close scrutiny in court settings because by their very nature […]
Partnership Representative- New Partnership Audit Rules
Fact: The Partnership Audit Rules Have Changed New partnership audit rules for LLCs taxed as partnerships, and Partnerships, took effect January 1, 2018. These new rules, and the new position of partnership representative, greatly change the landscape of partnership audits. For the unweary, these changes appear to be a simple change to your tax filings. […]
Valuation and Buy-Sell Agreements – A Book Review
Business Valuation for Business Owners – By Zachary M. Sharkey, a book review You probably know by now that I am a huge proponent of the Buy-Sell Agreement (“BSA”) for business partnerships. The BSA serves as a sort of pre-nup for small businesses owned by two or more people or entities. As a business lawyer, […]
5 Steps to Creating Your LLC
Our business startup packages are a great fit for clients that want to start an LLC. However, we meet some potential clients that want to do things on their own. We do not recommend you do, but we know some of you are going to ‘go it alone’ regardless. For those of you doing so, […]