Dissolution
- August 18, 2016
- Business Law
Dissolution Businesses faced with persistent disagreement, negative business results, or simple disinterest may dissolve according to state law. Most states provide a variety of dissolution forms for different types of business interests. The proper procedure de[ ... ]
Closely Held Businesses
- August 18, 2016
- Business Law
Closely Held Businesses As entrepreneurship expands, closely held businesses comprise an increasing proportion of the business community. Closely held businesses (or close corporations) are companies with few shareholders. Since there are so few shareholders, th[ ... ]
Mergers, Acquisitions and Divestitures
- August 18, 2016
- Business Law
Mergers, Acquisitions and Divestitures As many companies evolve, they see potential for growth or improved operations by combining their efforts with other businesses. In some instances, seizing these opportunities invokes a legal requirement to spin off certain pr[ ... ]
Formation and Business Planning
- August 18, 2016
- Business Law
Formation and Business Planning One of the decisions business owners must make is choosing the ownership structure that the business will have. Owners must consider the amount of liability they want to assume,[ ... ]
Will My Business Make Money?
- August 18, 2016
- Business Law
Will My Business Make Money? As the old adage says, Life has no guarantees. No one can predict with certainty whether a business will be successful. Unpredictable, even catastrophic, unplanned events may occur that will change the course of your business for the wo[ ... ]
What businesses in Maryland need to know about taxes
- August 18, 2016
- Business Law
Entrepreneurs can benefit from a basic understanding of tax laws before beginning business in Maryland. The Internal Revenue Service (IRS) and the Maryland Comptroller require businesses to begin paying taxes as soon as income is earned. Businesses generally have t[ ... ]
Business Organization & Transactions Newsletter
- August 18, 2016
- Business Law
Corporate Taxation A corporation is a distinct legal entity that must pay income and other taxes separately from its shareholders. As a result, net income is potentially subject to double income taxation. Net income is taxed at the corporate level on an annual basis[ ... ]
How Small Businesses Can Prevent Cyberfraud
- May 27, 2016
- Business Law
In 2015, NPR wrote about cyberfraud, interviewing several business owners who had been victi[ ... ]
4 Ways Small Business Owners Can Attract Customers
- May 27, 2016
- Business Law
When you own a small business, marketing is important to your success – not just at start-up, but throughout your existence. Even your most loyal customers may eventually move to a different city, or reach a point when they no longer need your product or service. But if you[ ... ]
New Ground for Divorce — Mutual Consent
- April 6, 2016
- Business Law
In 2015, Maryland Governor Larry Hogan signed legislation creating a new mutual consent law that expedites divorce, in some circumstances.[ ... ]