Summer internships are a great way for businesses to recruit young talent. Giving a college student an internship at your company allows you to get to know each other, and see if there is a possible fit for future full-time employment. With one of the largest pools of college and postgraduate students...
Category: Business & Corporate
Business Tax Compliance in Worcester: How Corporate Attorneys Assist Clients
Corporate attorneys assist businesses with a myriad of compliance issues, including those that involve federal and state tax matters. Retaining experienced legal counsel can ensure your business does not run afoul of the often complex tax codes that the IRS and Massachusetts Department of Revenue (DOR) expect companies to follow. We bring...
Paying Yourself from Your Massachusetts LLC: Best Practices and Tips
Massachusetts Limited liability companies (LLCs) offer a number of tax and liability advantages to their owners. At the same time, members sometimes wonder how they should pay themselves from their LLCs without jeopardizing the financial health of their companies or flouting legal norms.
Using a profit distribution
What Are the Estate Planning Advantages of LLCs in Massachusetts?
How an LLC may be part of your estate plan.
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Business owners are familiar with the benefits of forming limited liability companies (LLCs), such as pass-through taxation and shielding owners from personal liability. But LLCs can be used as part of an estate planning strategy as well....
Doing Business As (DBA) for Massachusetts Businesses
Whether you are starting a new business or already doing business in Massachusetts, you’ve probably wondered about a way to brand your business so it stands out from the crowd. Sure, you can use your own name or that of your entity. But, you may have chosen that name to reflect ownership,...
What Makes A Contract Not Enforceable In Massachusetts?
Contracts are the backbone of good business, ensuring that all parties to an agreement perform as they’ve promised to do. However, just because a document is called a contract does not automatically make it enforceable. Some “contracts” don’t contain the necessary statutory elements while others violate public policy, for instance. SederLaw...
Ask the Attorney: Can I have multiple companies under one LLC?
Limited Liability Companies (LLCs) have quickly become one of the most popular forms of business entities here in Massachusetts. Combining some of the best aspects of partnerships and corporations, LLCs allow you to craft an entity that can serve many different purposes while helping to shield your personal assets from business creditors....
3 Effective Strategies to Resolve a Partnership Dispute
Partnerships offer a number of advantages over other business arrangements, including the combined efforts and skillsets of two or more partners. But like any other business, there is a chance that the partners will disagree with or misunderstand each other. This could quickly explode into a full-fledged dispute that may threaten to...
Essential Items For Your Massachusetts Business Contract
Every business owner understands the value of solid contracts. These agreements govern relationships both within your company and between your company and other parties, protecting the rights of your organization in the process. Not all owners know which terms should be included in the contracts they use, however. Although every agreement...
FTC Proposes Rule to Ban Noncompete Clauses
The Federal Trade Commission proposed a new rule potentially banning employers from imposing noncompetes on their workers. By stopping this practice, the agency estimates that the new proposed rule could increase wages by nearly $300 billion per year and expand career opportunities for about 30 million Americans.
Massachusetts...