Legal

Business Entity Types 101: Is It Time to Rethink Your Business Structure?

A lot is riding on the business entity type you choose. The business structure you decide on affects your legal liability as an owner, tax obligations, growth potential, and compliance requirements you’ll need to satisfy on an ongoing basis. To make matters more complex, the entity type that’s right at the beginning of a business’s …

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5 Ways to Brainstorm (and Protect) a Brilliant Business Idea

When you hear the word “inventor” what comes to your mind? Images of American’s most accomplished inventors like Benjamin Franklin or Thomas Edison? Or do you think of the silly characters in movies—like Belle’s father, Maurice, in Beauty and the Beast, or Dr. Emmett “Doc” Brown of the Back to The Future movie trilogy? Obviously, not …

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5 Things to Know About the Upcoming S Corporation Election Deadline

The new year is moving along swiftly. Martin Luther King Jr. Day has passed, the Grammys have come and gone, and many a person has already given up on their well-intended New Year’s resolutions. Fortunately, if requesting S Corporation tax treatment for your business in 2020 is on your list of resolutions, there’s still time to …

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Starting a Business in Your 40s? How to Choose the Right Legal Entity

Have you heard that the forties are the new twenties for entrepreneurs? The American Economic Review from the American Economic Association reveals that while observers believe younger individuals are likely to start successful new ventures, new data is revealing the contrary to be true. Today’s most successful entrepreneurs are actually middle aged. The average age of …

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Take These 7 Steps Right Now to Protect Your Small Business

Whether you’re just starting your new business, or your company has been up and running for a while, protecting the business you have worked so hard to build is essential. However, in the rush of launching a startup and the day-to-day challenges it entails, many entrepreneurs neglect this step. Here are seven things you can …

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5 Reasons to Have Your Criminal Record Expunged

A criminal record can be detrimental to your future. It can prevent you from doing many things you’d normally do. And this can be true whether you committed petty theft or grand larceny. And why should your past haunt you forever, especially if you’ve moved on to a better life of making better choices? PxHere …

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Is S Corporation Election Right for My Business? It Depends on Your Business Structure | Company Profile

You’ve probably heard that being an S Corporation has some perks. It certainly can for some businesses. Might it be the right option for you? Let’s take a moment to chat about all things S Corp so that you can gain a better understanding of what it is and its potential advantages.  First, an S …

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EU ruling forces social media firms to take down illegal content worldwide

Facebook has pledged to fight an EU ruling that would compel it to globally remove content deemed to be illegal in certain jurisdictions. The latest ruling from the European Court of Justice has concluded that social media firms such as Facebook can be compelled to globally remove content that violates local laws. Currently, material that …

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Ireland says EU Apple judgement is ‘fundamentally flawed’ in appeal

Apple and the Irish Government have launched their appeal against the EU Commission’s 2016 tax ruling. Lawyers representing Ireland have called the European Commission’s ruling that the country gave Apple €13bn in illegal tax aid “fundamentally flawed” today (17 September) in an appeal against the decision in one of the EU’s highest courts, according to Reuters. …

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Is Your Business Ready to Make a Positive Change in the World?

“The American Dream is alive, but fraying.” This is a quote from Jamie Dimon, Chairman and CEO of JPMorgan Chase and Chairman of the Business Roundtable. Dimon is one of 181 CEOs that signed a Statement on the Purpose of a Corporation in August 2019. The new statement pledges to rescue the American Dream with …

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Clio raises $250m to expand operations from Dublin headquarters

The company will use the financing to amplify efforts to support access to legal services across Europe. On Wednesday (4 September), Canadian legal technology company Clio announced that it has closed a $250m (USD) funding round. The company, which has EMEA headquarters located in Dublin 8, raised what it calls “one of the largest private …

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