Welcome to e-LawLines!
For 30 years, David P. Weiss has published literally hundreds of articles to address issues of interest to small and medium-size businesses, nonprofit corporations and individuals, in this easy-to-read and comprehensive format. All of those articles are assembled here on the e-LawLines blog for you – a free resource designed to help you navigate the sometimes-daunting legal landscape. Start browsing now!
2009 Employment Law Updates
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...
Safeguarding a Business’ Intellectual Property: Patents and Trade Secrets for Small Businesses
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...
Reasonable and Necessary Compensation: Undocumented Work Disqualifies Benefit Reimbursements
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...
Taxes Beyond Choice of Entity; Minimizing Employment Taxes
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 reason that...