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Meeting Minutes: What They Are and Why Every Business Needs Them
Meeting Minutes: What They Are and Why Every Business Needs Them When starting a business, many entrepreneurs jump immediately into day-to-day operations. They often struggle to make time to develop systems for documenting how decisions are made. However, failing to...
Five Reasons to Protect Your Retirement Accounts Now
Five Reasons to Protect Your Retirement Accounts Now Your retirement account provides asset protection during your lifetime, but as soon as you pass that account to a loved one, that protection evaporates. When your spouse, child, or other loved one inherits your...
The Estate Planning Tool Kit for Unmarried Partners
The Estate Planning Tool Kit for Unmarried Partners Estate planning is essential for everyone, but it is especially important if you and your partner are in a long-term committed relationship and are not married. Unless you plan properly, your partner will not receive...
COVID-19 Relief Updates for Small Businesses
COVID-19 Relief Updates for Small Businesses Although some states have eased COVID-related restrictions on small businesses, many businesses are still struggling. The Internal Revenue Service (IRS) and the Small Business Administration (SBA) continue to issue guidance...
IRS Extends Tax Filing and Payment Deadline
IRS Extends Tax Filing and Payment Deadline On March 17, 2021, the IRS announced that the federal filing and payment deadline for individual taxpayers, including those who pay self-employment tax, has been extended to May 17, 2021, due to the challenges and unique...
Does Your Website Need a Privacy Policy or Terms of Use?
Does Your Website Need a Privacy Policy or Terms of Use? Conversations about data privacy policies and website terms of use have become more common in recent months. Large companies like Facebook, Expedia, and Dick’s Sporting Goods have been involved in litigation...
What Is a Promissory Note and When Should I Use One?
What Is a Promissory Note and When Should I Use One? You have probably heard the term promissory note, but do you understand what a promissory note is and when one can and should be used? A promissory note is simply a written promise to repay someone who has loaned...
Strategies for Protecting Your Business’s Intellectual Property
Strategies for Protecting Your Business’s Intellectual Property Before launching a business, entrepreneurs spend a substantial amount of time and money researching and developing their products or services. You may have worked with graphic designers and a marketing...
How Does LLC Ownership Work?
How Does LLC Ownership Work? The limited liability company (LLC) is a popular business structure for new businesses, but what does it really mean to own an LLC? LLCs provide unique opportunities to customize business ownership to fit the particular needs and...
Preparing Your Business for an Emergency
Preparing Your Business for an Emergency 2020 was a lesson in the need to prepare for the unpredictable. From the pandemic to natural disasters, businesses have faced numerous challenges that could force them to close. The most common emergencies that businesses...
Asset Protection for Entrepreneurs
Asset Protection for Entrepreneurs Going into business for yourself is a risky endeavor. From investing in goods and services and hiring employees to simply carrying out the daily tasks related to your business, each step is fraught with risks. This is especially true...
Estate Planning is Like Building a Snowman
Estate Planning is Like Building a Snowman A complete estate plan must include certain essential parts. In fact, it is similar to building a snowman in some respects. The traditional snowman has several critical components: bottom, middle, and top snowballs, as well...