AI has fundamentally changed how businesses operate. It can summarize documents in seconds, generate first drafts of nearly anything, and make complex information feel accessible. We use AI ourselves, and we believe every business owner should explore it.
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The form of an entity – corporation, limited liability company (LLC), or other entity type – can impact the development and growth of a business, with its needs evolving through time. Initial considerations that helped shape the entity formation decision at the commencement of a business may give way to other needs,
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State Sales Tax Occasional Sale Exemption Resale Exemption Occasional Sale Exemption Certificate or Other Resale Certificate Comments Alabama Yes (Code of Ala. §Title 40 Chapter 23) Yes, except sales of automotive vehicles, motorboats, truck trailers, trailers, semitrailers, travel trailers, and manufactured homes (Ala. Admin. Code r. 810-6-1-.111).
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The majority of states have implemented a sales tax (or its equivalent) on the sale of goods and services within their state. States have also exempted or provided reduced rates for various sale types and entities operating within the state.
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A shareholders' agreement, also called a stockholders' agreement, can be beneficial to both majority and minority shareholders of a corporation. A shareholders’ agreement is an agreement among
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Different transaction structures provide various tax benefits and pitfalls to buyers and sellers of businesses that may cause conflict among the parties, but a well-planned reorganization prior to a transaction can,
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Technologies for digital art are rapidly changing, creating new legal issues. While some of the interest in NFT projects has waned, they haven’t gone away and there are new tools for generating art with AI,
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If you received something in the mail asking you to pay for a trademark or brand related service, stop, and read this before doing anything.If you apply for a trademark with the US Patent and Trademark Office you will need to provide a mailing address.
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New Minnesota Tax Credit Available for Business OwnersAs of July 1, 2021, Minnesota owners of a pass-through entity may elect to be taxed at the entity level, which could reduce their federal tax liability.
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Since 2020, more stringent rules have been in effect relating to transactions involving foreign nationals, which may need to be reported to the Committee on Foreign Investment in the United States (“CFIUS”) in M&A transactions.
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The traditional idea of a trademark is a name or design appearing on a label, stuck to a physical product. Think, a red can with the word “Coke” or a blue oval with the word Ford. The customer can see the trademark and the product all at once and make a mental connection.
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