Can I be sued there?

Today’s Legal Minute for Small Businesses: The last thing a small business owner needs is to be defending a lawsuit in a state that the small business owner doesn’t live in.  Unfortunately, that is exactly what can happen if the  →

Quarter Third 941s

Today’s Legal Minute for Small Businesses: If you are required to prepare 941s, please make sure to prepare and file your third quarter 941s this month.  If you are mailing them, you should mail them certified mail, return receipt requested.  →

Colorado Business Law Update

The following is meant to be informative only – it does not constitute legal or tax advice. You must speak to your attorney or accountant to determine whether the issues presented affect you and if so how. The following PowerPoint  →

Amazon drops affiliates in Colorado due to HB 1193

Earlier today Amazon stated that it was dropping affiliates in Colorado due to the passage of HB1193. This bill, also know as the software tax bill, requires any company with “sufficient connections” to the state of Colorado to withhold state  →

Sole Proprietors and 2010

The beginning of the year brings many questions for a business owner. One of the biggest questions for sole practitioners is whether this is the year to change entity types to a more formal entity such as a corporation or  →

Would a barter system help small businesses?

Tonight I went with to the Mile High Business Alliance event at the Tattered Cover on how to stimulate the local economy.  One idea that was mentioned was bartering goods and services.  While this sounds like a great idea, and  →

Company Holiday Parties

Company holiday parties can increase employee morale.  From a tax standpoint, holiday parties are beneficial because a company can deduct the cost of them while not treating the costs for the party as income to the employee unless the party  →

Selling a business

When selling a company, there are legal, financial, and emotional issues to deal with. To ensure the sale is done properly, it may be necessary to work with other professionals such as accountants, attorneys, business evaluation experts, and real estate  →

To declare an entity type or not with the IRS, that is the question.

*** As always, please make sure to discuss any tax or legal implications with your tax lawyer. The following is to be used for informational purposes and is not meant to be legal or tax advice for your particular situation.***  →