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Short-terms rentals have become increasingly popular with real estate investors and those who want to purchase a retirement or vacation home for the future but are willing to rent it to vacationers during the intervening years. Whether you are consid…
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After Aretha Franklin’s death in 2018, two wills were found in her home. Both were handwritten by Franklin and neither was drafted by an attorney. A judge recently determined that a jury could decide whether the 2014 document that was found in a no…
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A court decision from Canada has received a lot of attention after a thumbs-up emoji in a text message was deemed to show acceptance of a grain contract that required a farmer to deliver $82,000 worth of flax in November 2021. The grain and crop inpu…
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Succession planning for family businesses is a crucial but often overlooked part of planning for the future. Having a plan in place that outlines how the business will continue to operate, even as ownership and leadership changes, is essential for th…
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Small businesses are very vulnerable to cyberattacks — and failure to defend against an attack could cost everything and shut down the business, temporarily or permanently. According to a Verizon report, more than 40 percent of all cyberattacks are…
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A major part of buying a business with value tied to its intellectual property portfolio is due diligence on how it owns and protects its intellectual property. Companies with brand recognition or products that rely on trademarks and patents will nee…
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Once your corporation or limited liability company is formed, its legal status must be maintained by keeping it in good standing. This requires filing annual reports with the state of its formation and any other state where the company is authorized…
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When assisting clients with buying or selling a business, the initial challenge is the process of “due diligence,” requiring a deep dive into the company being sold. Parties are usually surprised at the time and effort necessary for the investiga…
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You have likely heard or read advertisements encouraging you to call a certain consulting service regarding qualification for the Employee Retention Credit (ERC). This refundable tax credit encourages businesses that were financially impacted by COVI…
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Entrepreneurs usually have a high tolerance for risk, and thus, they can be highly successful while navigating the challenges of running a company. As a business owner deals with the day-to-day stresses of making constant decisions, certain details c…
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