Business Law

If your business is no longer churning enough profit or you are just ready to move on to something else, it is time to close your business. Whether you want to close your business or sell it to another business entity, the dissolution process of a business involves intricate aspects that every business owner should … Read more

An IRS audit is an examination of the individual’s or organization’s account and financial information to ensure that the information is reported correctly in accordance with the tax laws and verifies the amount of tax paid is correct. IRS audits, however, are rare to be performed as the resources through which the IRS are performed … Read more

If you haven’t signed a contract, then you may think that a contract begins with the day when it is signed by the involved parties. But this is not necessarily the case every time. To evaluate the difference between a contract and signing a contract coming into effect, you need to understand two key terms: … Read more

Whether you are stepping into a new relationship with a customer, independent contractor, or vendor, the contracts are a part of business activity. You need them at every stage of carrying out business transactions because they served as a legally valid agreement that aims to protect your interest in the business. But don’t you think … Read more

Why do you feel the need to trademark a phrase? Well, the words you choose to describe your business must be protected to prevent it from being used by another person or brand. So, if you have a catchy slogan in your mind that defines your business, you should trademark it ASAP. Using an appealing … Read more

To set up a business is no less than a challenge, you must juggle numerous demanding tasks and complex decisions, simultaneously. From those tough choices, one is to decide whether to establish an s corporation or a c corporation. Seemingly, there is just a letter difference between them but if we go into detail then … Read more