How To Hire A Lawyer
Legal fees are a cost of doing business. While the Web has made it easy to do some of the very mundane work on your own (say, filing for incorporation or ginning up a bare-bones operating contract), do-it-yourself lawyering has huge limitations.The trick is finding and hiring the best, most trustworthy professional help for the buck. I’m going to help you. First, start with your inner circle: friends, neighbors and colleagues. This initial search may not turn up any attorneys with the specific expertise you need, but don’t despair. While your sister’s divorce lawyer may not be much help when it comes to selling your business, he may know a few attorneys perfect for the job. Lawyers know other lawyers–use them for recommendations. Read Article: https://www.forbes.com/2008/10/08/hiring-legal-help-ent-law-cx_rb_1008bovarnickhire.html It's our civic duty to know the laws that govern our lives, whether we're traveling to a different city or just want to host a garage sale. Legal issues and our rights aren't always clear, though, so let's take a look at the most important ones that might affect you. 10. When You're Breaking Copyright Law Just by doing typical online activities, you're probably breaking copyright law. If you use a copyrighted song in a home video uploaded to YouTube, for example, or create a gif (or other derivative work) to start a meme, you're infringing on the Digital Millennium Copyright Act. However, some copyright infringements are more tolerated than others—and copyright law is complex—so a quick test if you still want to share online without legal recourse might be to ask yourself if what you're doing "feels wrong" to you.
Read Entire Article: http://lifehacker.com/top-10-legal-rights-and-issues-everyone-should-know-abo-1631133677 The form of business you operate determines what taxes you must pay and how you pay them. The following are the five general types of business taxes.Income Tax
All businesses except partnerships must file an annual income tax return. Partnerships file an information return. The form you use depends on how your business is organized. Refer to Business Structures to find out which returns you must file based on the business entity established. The federal income tax is a pay-as-you-go tax. You must pay the tax as you earn or receive income during the year. An employee usually has income tax withheld from his or her pay. If you do not pay your tax through withholding, or do not pay enough tax that way, you might have to pay estimated tax. If you are not required to make estimated tax payments, you may pay any tax due when you file your return. For additional information refer to Publication 583. Estimated tax Generally, you must pay taxes on income, including self-employment tax (discussed next), by making regular payments of estimated tax during the year. For additional information, refer to Estimated Taxes. Self-Employment Tax Self-employment tax (SE tax) is a social security and Medicare tax primarily for individuals who work for themselves. Your payments of SE tax contribute to your coverage under the social security system. Social security coverage provides you with retirement benefits, disability benefits, survivor benefits, and hospital insurance (Medicare) benefits. Generally, you must pay SE tax and file Schedule SE (Form 1040) if either of the following applies.
Note: There are special rules and exceptions for aliens, fishing crew members, notary public, state or local government employees, foreign government or international organization employees, etc. For additional information, refer to Self-Employment Tax. Employment Taxes When you have employees, you as the employer have certain employment tax responsibilities that you must pay and forms you must file. Employment taxes include the following:Social security and Medicare taxes
For additional information, refer to Employment Taxes for Small Businesses. The form of business you operate determines what taxes you must pay and how you pay them. The following are the five general types of business taxes. Income Tax All businesses except partnerships must file an annual income tax return. Partnerships file an information return. The form you use depends on how your business is organized. Refer to Business Structures to find out which returns you must file based on the business entity established. The federal income tax is a pay-as-you-go tax. You must pay the tax as you earn or receive income during the year. An employee usually has income tax withheld from his or her pay. If you do not pay your tax through withholding, or do not pay enough tax that way, you might have to pay estimated tax. If you are not required to make estimated tax payments, you may pay any tax due when you file your return. For additional information refer to Publication 583. Estimated taxGenerally, you must pay taxes on income, including self-employment tax (discussed next), by making regular payments of estimated tax during the year. For additional information, refer to Estimated Taxes. Self-Employment Tax Self-employment tax (SE tax) is a social security and Medicare tax primarily for individuals who work for themselves. Your payments of SE tax contribute to your coverage under the social security system. Social security coverage provides you with retirement benefits, disability benefits, survivor benefits, and hospital insurance (Medicare) benefits. Generally, you must pay SE tax and file Schedule SE (Form 1040) if either of the following applies.
Note: There are special rules and exceptions for aliens, fishing crew members, notary public, state or local government employees, foreign government or international organization employees, etc. For additional information, refer to Self-Employment Tax. Employment TaxesWhen you have employees, you as the employer have certain employment tax responsibilities that you must pay and forms you must file. Employment taxes include the following:
For additional information, refer to Employment Taxes for Small Businesses. Excise Tax This section describes the excise taxes you may have to pay and the forms you have to file if you do any of the following.
Form 2290 - There is a federal excise tax on certain trucks, truck tractors, and buses used on public highways. The tax applies to vehicles having a taxable gross weight of 55,000 pounds or more. Report the tax on Form 2290. For additional information, see the instructions for Form 2290 . Form 730 - If you are in the business of accepting wagers or conducting a wagering pool or lottery, you may be liable for the federal excise tax on wagering. Use Form 730, to figure the tax on the wagers you receive. Form 11-C - Use Form 11-C, Occupational Tax and Registration Return for Wagering, to register for any wagering activity and to pay the federal occupational tax on wagering. Excise tax has several general excise tax programs. One of the major components of the excise program is motor fuel. For additional information, refer to Excise Taxes. Read Article: https://www.irs.gov/businesses/small-businesses-self-employed/checklist-for-starting-a-business 10 Steps to Starting a BusinessStarting a business involves planning, making key financial decisions and completing a series of legal activities. These 10 easy steps can help you plan, prepare and manage your business. Click on the links to learn more.
Step 1: Write a Business Plan Use these tools and resources to create a business plan. This written guide will help you map out how you will start and run your business successfully. Step 2: Get Business Assistance and Training Take advantage of free training and counseling services, from preparing a business plan and securing financing, to expanding or relocating a business. Step 3: Choose a Business Location Get advice on how to select a customer-friendly location and comply with zoning laws. Step 4: Finance Your Business Find government backed loans, venture capital and research grants to help you get started. Step 5: Determine the Legal Structure of Your Business Decide which form of ownership is best for you: sole proprietorship, partnership, Limited Liability Company (LLC), corporation, S corporation, nonprofit or cooperative. Step 6: Register a Business Name ("Doing Business As") Register your business name with your state government. Learn which tax identification number you'll need to obtain from the IRS and your state revenue agency. Step 7: Register for State and Local Taxes Register with your state to obtain a tax identification number, workers' compensation, unemployment and disability insurance. Step 8: Obtain Business Licenses and Permits Get a list of federal, state and local licenses and permits required for your business. Step 9: Understand Employer Responsibilities Learn the legal steps you need to take to hire employees. Step 10: Find Local Assistance Contact your local SBA office to learn more about how SBA can help. Read Entire Article for more information: https://www.sba.gov/starting-business/how-start-business/10-steps-starting-business 1. Say no to high-pressure sales pitches. If the offer is only good today, walk away.
2. Always read contracts carefully before you sign them, and make sure all written documents match what you’ve been promised. Never sign a document that you don’t understand or that has blanks to be filled in later. 3. Be cautious when responding to telemarketers, door-to-door sellers, and email or text pitches. Instead of responding to unsolicited offers, decide when and where you want to go shopping. 4. You never have to make a purchase or pay taxes, fees or other expenses in advance to win a prize. Anyone who demands an upfront fee for a prize is trying to scam you. 5. Never give out your Social Security Number, credit card or bank account number or other personal information to anyone you don’t know who contacts you. 6. Be skeptical of upfront fees. North Carolina law makes it illegal to collect advance fees for some types of work, such as foreclosure assistance and debt settlement help. If an advance payment is required for other kinds of transactions, use a credit card when possible. This gives you some protection if your order doesn’t arrive or the work isn’t completed. 7. Do business with companies you know or that come recommended by those you trust. Check out companies with the Attorney General’s Office at 1-877-5-NO-SCAM or your local Better Business Bureau before making major purchases. 8. Join the Do Not Call registry to cut down on unwanted telemarketing calls. To sign up, call 1-888-382-1222 from the number you wish to register or visit www.donotcall.gov. Once you’re on the list, report Do No Call violators to the Attorney General’s Office. 9. Check your credit report regularly. You’re entitled to one free credit report per year from each nationwide credit bureau. To access your free credit reports, visit www.annualcreditreport.com or call 1-877-322-8228. 10. If an offer sounds too good to be true, it probably is. Read Article: http://www.ncdoj.gov/Consumer/Top-Ten-Consumer-Tips.aspx There are two professionals every business will need early on: an accountant and a lawyer. The reasons for hiring an accountant are pretty obvious--you need someone to help you set up your "chart of accounts," review your numbers periodically, and prepare all of your necessary federal, state and local tax returns. The reason for hiring a business attorney may not, however, be so apparent. A good business attorney will provide vital assistance in almost every aspect of your business, from basic zoning compliance and copyright and trademark advice to formal business incorporation and lawsuits and liability.
Read Article: https://www.entrepreneur.com/article/58326 Remember when Alec Baldwin was kicked off a flight for refusing to "power down" his cell phone because he was busy playing "Words With Friends"?
From refusing to "power down" to dressing scantily, passengers regularly get booted for giving the cold shoulder to flight attendants' orders. But legally speaking, what can happen when you disobey a flight attendant? Potential Criminal Consequences Federal law prohibits passengers from interfering or physically assaulting (or threatening to physically assault) airline crewmembers. This means injuring or intimidating a crewmember -- or attempting to do so -- can result in a felony conviction if the defendant has interfered with the performance of the crewmember's duties. Using a dangerous weapon -- basically, any object that can cause death or serious bodily injury -- will result in even harsher penalties. Apart from assault, a passenger who gets in the way of a crewmember's ability to perform his or her job can be fined by the Federal Aviation Administration or even prosecuted on criminal charges, depending on the severity of the interference. Flight crew interference incidents can result in up to 20 years' imprisonment and fines of up to $250,000, according to the Federal Bureau of Investigation. - See more at: http://blogs.findlaw.com/law_and_life/2013/11/what-happens-if-you-disobey-a-flight-attendant.html#sthash.3hOqSg2p.dpuf |
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