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.[ ... ]
Wrongful Termination Defense
- March 10, 2016
- Business Law
Maryland is an at-will employment state, meaning that, as an employer, you don’t need a reason to fire an employee. However, there are laws that protect employees from wrongful termination, and if a fired employee prevails on a claim of wrongful termination, the results can[ ... ]
Top Regulatory Issues Facing Small Businesses Today
- February 23, 2016
- Business Law
Business analysts are keeping a close eye on proposed rules that are expected to be finalized in 2016. These rules could have an impact on small businesses, especially companies with multiple employees. Following are some of the top federal regulatory issues[ ... ]
How to Write a Business Plan
- December 11, 2015
- Business Law
If you’re thinking about starting a business and have some time off for the holiday season, now’s the time to start putting your ideas on paper. December is National Write a Business Plan Month, and entrepreneurs who sort out their plans this month can sta[ ... ]