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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...
Category: Business Law
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...
Tax Benefits of 2010 Hire Act Still in Effect
September 24, 2010
In order to spur the struggling economy, the federal government passed the Hiring Incentives to Restore Employment (HIRE) Act of 2010 this year. The goal of the HIRE Act was to provide incentives for employers to add new...
Under Pennsylvania’s Unclaimed Property Act (the "Act"), some businesses and non-profit organizations were required to file an unclaimed property report with the Pennsylvania Treasury by April 15th. Many...
A while back, I wrote an article called FACTA Guidelines for Disposing Client Information. This article discussed how the Fair and Accurate Credit Transactions Act of 2003 (FACTA) requires businesses to dispose of...