by e-LawLines | Apr 16, 2009 | Commercial Law, Contract Law, Corporate Law, Small Business Law, Taxation
You’re an entrepreneur, and you’ve just found a company you want to buy in order to expand your own business. In setting up the purchase, you’ve decided you want to do an asset purchase. After all, you’ve heard that one of the benefits of an asset purchase is that,...
by e-LawLines | Feb 16, 2009 | Corporate Law, Employment Law, Small Business Law
Keeping up with changes in the law is important for all employers in order to avoid liability and help maintain good employee relations. Recent changes to federal and Missouri immigration law and to the Family and Medical Leave Act rules have recently taken effect or...
by e-LawLines | Aug 16, 2008 | Corporate Law, Small Business Law
The small business owner may have intellectual property that is vital to the success of the enterprise. This introductory note explains two methods by which an entrepreneurial business can take steps to protect itself against the loss of assets of great importance to...
by e-LawLines | Aug 16, 2008 | Corporate Law, Small Business Law, Taxation
Compensation paid by a business, whether a corporation, limited liability or sole proprietorship must be “ordinary and necessary” to be deductible for corporate income tax purposes. If such compensation does not meet the “ordinary and necessary” standard, or if the...
by e-LawLines | Jun 16, 2008 | Corporate Law, Small Business Law, Taxation
When forming a new company, you have a choice of business entities. For most small business owners, electing to be taxed under the Internal Revenue Code as a Subchapter “S” corporation or forming a limited liability company are the obvious choices for the...
by e-LawLines | Oct 16, 2007 | Corporate Law, Small Business Law
Individuals form corporations and limited liability companies (“LLCs”) in order to have the benefit of limited liability. Of course, filing the necessary Articles of Incorporation or Articles of Organization with the Secretary of State is a necessary prerequisite to...
