Archive for March, 2009

Contracts for Dummies: What You Should Know About Drafting Your Own Contracts

I ran across a publication the other day called Business Contracts Kits for Dummies.  It is a “fun and easy guide to business agreements that cover your assets!”
But should a business owner really draft important contracts without counsel?  I have to say, that with my writing background, drafting and negotiating contracts is one of my [...]

 

Durham and Raleigh: Top Places for Business and Careers

Forbes Magazine released its 11th annual survey of best places in the US for Business and Careers.  Raleigh was ranked highest for the third year in a row.  Durham ranked third.  Also ranked were Asheville (6), Wilmington (13), Winston-Salem (18) and Charlotte (19).

 

The IRS Will Never Email You

In my spam filter this morning were three emails from “service@irs-usa.com” with the subject “Notice From the Department of Treasury.”  They were all viruses.
Please note first that all emails from the federal government will almost always use .gov and not .com as the top-level domain name.  In addition, the Internal Revenue Service will NEVER contact a taxpayer [...]

 

U.S. Passports: Impossible to duplicate?

As I have written in earlier blog posts, the Department of Homeland Security’s (“DHS”) new I-9 form is on schedule for implementation on April 3, 2009.  The I-9 form is used by employers to verify employment eligibility.  The  most notable change with the new form is that employers will no longer be able to accept [...]

 

$15 billion from TARP Funds committed to SBA Loans: PR Move or Real Help for Small Business?

President Obama and Treasury Secretary Timothy Geitner announced Monday that $15 billion of the Troubled Asset Relief Program (TARP) will be committed to the Small Business Administration (SBA) so that the government can purchase SBA-backed loans from the banks that have originated them. The SBA FAQ is here.   SBA lending has crashed with all other [...]

 

Why Arbitration Can Be Unfair, Despite Northwestern Law School Survey Findings

The Wall Street Journal Law Blog has an interesting dicussion going about the benefits to consumers of mandatory arbitration clauses.  It cites a survey by Northwestern Law School that these clauses in consumer contracts are not unfair to consumers.  The survey was conducted in response to the proposed Arbitration Fairness Act.  (For a pro-AFA article, click here.  [...]