Before you file away last year's paperwork, make sure you review everything and set aside any information that you need to file taxes. This can include employment records, donations and receipts for work expenses. You can also collect the tax forms you will need to...
For the Life of Your Business
and the Business of Your Life
For the Life of Your Business and the Business of Your Life
Business Formation & Planning
Starting new business? Meet your attorney early in the process
If you are starting a business, in addition to meeting with bankers, financiers and other business owners, you should find and begin a relationship with an attorney. During the start up process, you may have noticed that there are legal implications to virtually every...
Small businesses must be aware of their requirements under the ACA
As a small business owner, you want to do everything in your power to ensure your continued success. While much of this success will depend on the decisions made during your formation and the business strategies adopted going forward, it will also depend on your...
What form will you choose for your business?
Starting a new business is a daunting prospect. There are a multitude of issues that all must be dealt with simultaneously. You have to have the idea and the concept for your new business. There are the mechanics of obtaining sufficient funding, whether through...
Does your Massachusetts LLC need an operating agreement?
While Massachusetts Limited Liability Company Act does not demand that your LLC have a formal operating agreement, it is generally a good idea to have one in place. The operating agreement serves many purposes and is flexible, so it can easily be tailored to meet your...
Hobby Lobby and the corporate veil
In corporate law, there are few more important concepts than that of the "Corporate Veil." This is the concept that protects shareholders from unlimited liability for the debts of the corporation.The corporate veil is what protects a small business owner's home and...
Understanding when and how to restructure your business
Business owners are frequently faced with important decisions. From the very beginning, for example, owners will need to decide what type of business structure they will form under. This decision can have an impact on the day-to-day operations and growth of a young...
The Covidien – Medtronic deal and the issue of ‘tax inversion’
The threads we've developed in this blog include various issues involving corporate taxes.For example, late last month we discussed tax aspects of the Affordable Care Act as they apply to businesses.In this post, we will take note of a tax issue involving the recent...
What responsibilities do businesses have under the Affordable Care Act?
The Affordable Care Act (ACA) has frequently filled the national news with sound and fury.The debate over the law itself overflowed with passion and partisanship. But Congress passed the law in 2010 and its key provisions were upheld by the U.S. Supreme Court the...
Why is it important to plan for business succession?
If you are a small business owner, you may be so busy running your business that you haven't put a succession plan in place.This lack of a plan is probably something you want to address After all, lack of a plan can make it difficult for a business to continue after...
