The primary benefit of incorporating your business or forming a LLC is limiting your liability to your investment in the business. In the event that a corporation or LLC is sued, the business can only lose its own assets...
Matthew Grosh has been selected as a Preferred Consultant for the Nonprofit Resource Network (NRN). The mission of the Nonprofit Resource Network is to “enhance the effectiveness of nonprofit organizations, providing...
November 2, 2010 Matthew Grosh has been selected as a Preferred Consultant for the Nonprofit Resource Network (NRN). The mission of the Nonprofit Resource Network is to "enhance the effectiveness of nonprofit...
Possible Tax Consequences of Covenants Not to Compete
October 20, 2010
This blog has made several posts regarding covenants not to compete. Covenants not to compete are generally viewed as positive steps for businesses to protect their interests and prevent key employees from leaving and...
Expansion of Adoption Tax Credit for 2010
October 12, 2010
Since it was enacted on March 23, 2010, the Patient Protection and Affordable Care Act (the “Act”) has been quite the topic of conversation. While many of the Act’s tax provisions focus on...