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Online Sales Tax May Soon Be Reality

A new piece of federal legislation known as the Marketplace Fairness Act has passed the Senate and is now awaiting a House vote that most politicos expect to pass as well. If the bill becomes law, and your business conducts business over the Internet, you will be expected to collect taxes on all purchases and pay the state accordingly. Currently, businesses that sell online, by phone or by mail already collect state Read More

A Guide to the Disposition of Your Digital Assets

On April 11, Google introduced its Inactive Account Manager, which allows users to make a choice to either delete their data after a pre-determined length of account inactivity or to name heirs for the data from some of its most popular services, including +1s; Blogger; Contacts and Circles; Drive; Gmail; Google+ Profiles, Pages and Streams; Picasa Web Albums; Google Voice and YouTube. Many small business owners Read More

Is That a Real Employee or a Common-Law Employee?

The IRS and the Department of Labor are cracking down on businesses that use contractors but treat them like real employees - or, as the IRS calls them, "common-law employees." Before you misclassify that contractor, ask yourself these 5 questions: Do you control the work? If you direct how and where and at what time someone works for you, then the government say you have an employee, not a contractor. Do you Read More

Obamacare Small Business Health Options Program (SHOP) Hits Logical Speed Bump

A logistical speed bump is going to delay the number of insurance plan options for small businesses under Obamacare for at least a year, according to a Wall Street Journal report. The U.S. Department of Health and Human Services (HHS) is now proposing that small businesses have only one insurance plan option to offer employees starting in 2014 instead of the multiple options that were part of the original plan - a Read More

A Legal Checklist for Starting Your Own Business

Whether you are already a small business owner or the entrepreneurial spirit has grabbed you by the collar and you plan to get your startup off the ground this year, there are certain legal aspects to operating a small business that you just can't ignore (and we know you want to). Ignoring the legalities of running a business can lead to some very costly consequences. A Creative Business Lawyer™ can help you cover Read More

5 Tax Tips for Small Business

According to SBA data, more than 79 percent of small businesses have no employees - meaning that a majority of small business owners are doing it all. And when tax season rolls around, it can mean plenty of stress for owners of small businesses. A recent Washington Post column provided these five tax season tips for small business owners: Track all itemized deductions, including assets. Thanks to Section 179, Read More

Small Business Tax Reform Proposal Contains Drastic Changes

Representative Dave Camp (R-MI), the chairman of the House Ways and Means Committee and one of Congress’ top tax lawmakers, has released his proposal for small business tax reform and it contains a number of drastic changes to the current code. A Forbes article takes an in-depth look at the proposal: Section 179 Expenses.  Permanently expand Section 179 expensing to allow business owners to deduct the cost of up to Read More

10 Legal Tips for Starting Your Own Business

Whether the result of the recent recession or the desire by baby boomers to embark on a new professional path, new business startups are growing fast.  Here are 10 legal tips for entrepreneurs who are striking out on their own for the first time: Choose the right entity.  Decide if you will be operating your business as a sole proprietorship, partnership, LLC, C Corp or S Corp.  Each has its own advantages and Read More

Top 3 Things Small Business Owners Need to Know About the Affordable Care Act

The Small Business Administration (SBA) has launched a new blog series to educate small business owners about what they need to now about the Affordable Care Act before it goes into full effect in January of 2014.  The new series tackles common misperceptions about the ACA; one post details the top three things small business owners need to know about the ACA: 1.  Tax Credits for Businesses with Less Than 25 Read More

Why Your Company Needs an Employee Email Policy

Whether your company is large or small, if you have a business with employees then you should have an email policy that has been clearly communicated to everyone in the company. Even if a company does not routinely monitor employees emails, an employer's right to access employee emails needs to be protected. For example, if a company is sued by an employee for sexual harassment, sex discrimination or another other Read More

The Parents Estate Planning Law Firm, PC is a unique estate planning law firm serving families in Massachusetts. Our team is committed to helping parents at all stages make sure their loved ones are completely protected if the unexpected happens, while making things as easy as possible for their families.

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