Small Business 101

SMLLC

The short answer is: YES! A single-member limited liability company or “LLC” is a one-owner business, much like a sole proprietorship. You alone are the only member and manager of the company. The main reason you probably formed your single-member LLC is to protect yourself from legal liability as you run your business. Your LLC is a valuable “shield” against ...

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Tweet original

That Tweet that has been making the rounds, and maybe even gone viral, should be fair game, right? Everyone has been retweeting it, so embedding the original tweet into my website isn’t hurting anyone…riiiight? Well, not so fast. The answer may depend on where the case is heard. Katherine B. Forrest, a U.S. District Judge for the Southern District of ...

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investigation

Sometimes, things just go sideways. Despite the best intentions of your organization’s Board, Officers, staff, and key volunteers, one misstep can threaten the entire mission. Whether there are allegations of financial malfeasance, inappropriate conduct, insufficient entity formalities, or some other variant, the Board of Directors must take quick action to decide if an internal investigation is warranted. Once ...

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Certificate

It is a volunteer Board member’s worst nightmare: after dedicating hours and hours of volunteer time supporting your favorite art organization, a scary issue raises its head. If you don’t deal with the concerns, you or your organization might be sued. Is the current Board to blame? What can you do to protect yourself and your organization? It may be ...

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Website

An Internet domain name can be vital to branding and marketing, so it’s important for business owners to be familiar with some of the legal rules related to domain names, including the intersection of domain name rights with trademark rights. This post also reviews actions you can take to dispute domain names that may infringe upon your trademark rights. A ...

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tips

To improve the quality of the consultation, as well as the case once it is accepted by the Firm, it helps if you prepare for your initial meeting with the attorney. Before you come to the meeting, gather all documents, contracts, agreements, statements, invoices, guaranties, tax documents, notices, witness statements and/or witness information, pictures and videos, etc., you have in ...

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Copyright

A good website for your business can be an invaluable marketing tool. However, if you’re not careful, you could get into trouble for using images, photos, videos and other content in violation of copyright law. Rights Granted under Copyright. Under the U.S. Copyright Act, the owner of a creative work is granted certain rights, including the right to prevent others ...

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IRS pen

There are many kinds of tax penalties the IRS can assess against a small business, and the facts and circumstances behind when they may be applied are very different. What they all have in common, however, is they can significantly increase your tax bill!

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