GreatBusinessLawTips.com

Post image for Are You Really Hiring an ‘Independent Contractor’?

In my practice, I’m finding that the IRS and Department of Labor are getting more aggressive about enforcing the proper classification of workers. Essentially, they want to be sure that you’re not hiring a worker as an “independent contractor” (thus avoiding the payment of employment taxes), yet treating him/her as an employee by micromanaging every aspect […]

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Post image for Basic Training: Keeping Up with Corporate Minutes . . . Properly

As we’re still in the early part of 2010, it’s a good time for corporations (and LLCs!) to prepare their annual minutes.  Minutes outline the major decisions the company made in the previous year. Not only are they a handy way of recalling the significant issues the company faced in the prior 12 months, they’re […]

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Post image for How to Prevent Others from Poaching Your IP

Complaining about someone stealing your IP when you sat on your hands is like complaining that someone broke into your house when you left the front door wide open. If you have items at home that you value, you take steps to protect them. You put a lock on your door. You hire an alarm company. You […]

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Post image for Why Business Formation is a Key to Your Success

I was recently contacted by an entrepreneur (“Marie”) for a “rush job”: She had formed an S-Corporation about a year ago, and now a couple of investors were waiting in the wings to take an equity piece of her company. She needed the deal signed, sealed and delivered within two weeks. Now I won’t say that’s […]

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