Starting a small business is the American dream, with 17 million new businesses formed in 2022. For many entrepreneurs and business owners, a limited liability company (LLC) stands out as an attractive choice due to its flexibility in taxation, governance, and the protection it offers against personal liability. While these benefits make LLCs a popular […]
Washington State is an attractive place to do business, which is why so many are starting up. According to the SBA, 657,529 small businesses employ 1.4 million people. They like the business-friendly environment in Washington and how our region is strategically located. Starting or changing your formation requires considering what entity will benefit you most. […]
How Do You Handle a Breach of Contract? Our Breach of Contract Lawyers Explain Your Legal Options Are you presently party to a contract where the other side is not living up to their side of the deal? Or perhaps worse, is the other side in a contract claiming that you are not performing according […]
How to classify an independent contractor vs. an employee is an increasingly important issue for businesses. Up to a third of the American workforce may be self-employed full- or part-time. A major question for these individuals and the companies for which they provide work is how many of them are, under the law, employees? Why […]
The Obama Administration circulated a memorandum on Nov. 1, 2015 that directed designated federal agencies to modify existing policies to incorporate a “net benefit goal” to reduce the impact of utilizing natural resources. The revised approach was to be adopted by the EPA; Secretaries of Interior, Agriculture, and Defense; and the National Oceanic and Atmospheric […]
Construction projects tend to involve many different workers doing many different jobs. Sometimes, construction companies hire employees who only work on that particular company’s projects. In many other situations, however, crews can be made up of independent contractors,1 sub-contractors, and other self-employed workers. Recognizing the legal distinction between an independent contractor and an employee is […]
Just as every individual must pay their annual taxes to the Internal Revenue Service (IRS),1 every business must also pay taxes. There are many different types of business taxes and how you should file your tax returns largely depends on the type of business you own. For example, some business types are taxed as follows: […]
Conducting business on the internet is extremely convenient, but can also be risky due to the threat of hacking, identity theft, and other types of fraud that may cause a consumer injury. For this reason, many people are wary to engage in transactions on websites they do not trust or that do not seem secure. […]
There are an estimated 23 million small businesses1 throughout the United States and our economy and job market in part depends upon the success of the businesses. If you own your own business, you not only want the company to thrive while you are alive, but also likely after your death. While all of us […]
Running a business inherently implicates certain laws and regulations. Even if you operate as a sole proprietor and work in a relatively low-risk industry, simply conducting business exposes you to legal liability. Many people who are self-employed or own a small business are hesitant to consult with a business law attorney because they assume that […]
