Archive for May, 2010

The Business Divorce

Like members of any group, lawyers tend to talk shop when we get together. Lately, I’ve heard a lot of grousing from other business attorneys about “business divorces.” My colleagues are looking for solutions where there are few good options.

 

IRS FAQs on the Small Business Health Care Tax Credit

The Patient Protection and Affordable Care Act (i.e., the Health Care Reform Law or the Health Insurance Reform Law) was passed March 23, 2010. It included a number of tax credits to small employers to defray the costs of providing additional insurance coverage. The Internal Revenue Service issued rules Monday regarding these tax credits. The [...]

 

Anticipation and Accomplishment: What Would You Tell a New Business Owner?

I attended the opening of Tim Hinton’s Edward Jones office in Durham last week. It was an occasion. His wife, parents and inlaws were there. His son was taken out of school for the ribbon-cutting. The local Edward Jones advisors came out to support him, as did the Chick-Fil-A -cow , members of his BNI [...]

 

Are You Wary of Hiring?

Small businesses in the United States have not added jobs for 27 consecutive months, according to a survey by the National Federation of Independent Business, a trade group in Washington, D.C.

 

HIRE Act — Incentives and Ground Rules

This article is the second of two by John Vandenhoff on the newly enacted HIRE Act. John is a tax specialist at Sands Anderson and in this article John describes some of tax incentives as well as the rules that apply when taking advantage of the HIRE Act’s provisions.