One of the most troubling concerns bedeviling small business owners is a fraud by the people they have entrusted to run their businesses. To avoid fraud, it behooves us to take reasonable precautions to keep at bay such fraudsters wreaking…
A recent tax case won by the IRS has closed a loophole employed by S corporations to circumvent paying payroll taxes by characterizing their wages as distributions. This ruling might have serious repercussions in the business world, especially for S…
According to federal and state regulations, antitrust laws aim to limit unfair practices by companies as they artificially change prices for the consumer. These regulations are important as they help the continued growth of economies, but also prevent harms to…
Most students receive financial aid to attend public or private universities. The question then arises if such aid is taxable or not. Let us explore the intricacies involved in treating financial aid taxable or non-taxable. SOME BASICS Whether the financial…
What is a TV Development Contract? Such a contract is produced when a TV network wishes to produce a ‘risky’ TV program. Typically, this program is first shown to a focus group before committing to a pilot. A development contract…
What is Extortion Crime in California Extortion, also popularly known as blackmail, can occur under California Penal Code 518 PC with the following: using force or threat to a) extort money or property from a person, or b) forcing a…
S And C Corporations In California When people set up their company structures, one of the first decisions they have to make is choosing the best form of incorporation for their business. In California, business owners when forming a…
In many movies, the terms trade secrets are often thrown around when individuals speak of the stock market or insider trading. Trade secrets actually have a wider definition beyond insider trading, including sensitive marketing information, techniques, business information providing others…
The stock market is an important and complex place as it can affect the wellbeing of a country’s economy, businesses, and individuals. As such, there are stringent rules in place regarding the buying, selling, and trading of stocks. One of…
When you are running a business, your success comes down to how others perceive the business and its actions. Public perception can make or break a business. If your business provides a service or a product, you will want to…