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COVID-19 Relief Updates for Small Businesses

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...

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IRS Extends Tax Filing and Payment Deadline

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...

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Does Your Website Need a Privacy Policy or Terms of Use?

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...

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What Is a Promissory Note and When Should I Use One?

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...

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How Does LLC Ownership Work?

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...

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Preparing Your Business for an Emergency

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...

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Asset Protection for Entrepreneurs

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...

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Estate Planning is Like Building a Snowman

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...

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Why Title Matters

Why Title Matters

Why Title Matters Real estate can take on different forms of ownership depending upon the number of parties and the unique circumstances involved. Understanding how your real estate is owned, or “titled,” is necessary because this determines the extent of control you...

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Common Mistakes with DIY Estate Plans

Common Mistakes with DIY Estate Plans

Common Mistakes with DIY Estate Plans The internet offers all the information and tools we need at our fingertips to create our own estate plan, right? For most people, this is simply not true. Several years ago, Consumer Reports®, an independent nonprofit consumer...

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Is Your Estate Plan Incapacity Proof

Is Your Estate Plan Incapacity Proof

Is Your Estate Plan Incapacity Proof? For most people, it is perfectly natural to think about estate planning only in terms of planning for death. While planning for your death is very important, if that is all you plan for, your planning can quickly become woefully...

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