Traditions Law

What You Need to Know About Elections and Your Business

What You Need to Know About Elections and Your Business With early voting already underway in some states and November 3 just around the corner, you may be wondering about your obligations as an employer to provide your employees the opportunity to vote. These questions are particularly important in light of the current pandemic and […]

Traditions Law Business Law

What Small Business Owners Should Know About the COVID-19 Stimulus Package

What Small Business Owners Should Know About the COVID-19 Stimulus Package As small business owners grapple with the economic realities of nationwide stay-home orders and social distancing mandates, legislatures have been updating laws and developing new programs to keep the economy afloat. The latest and most groundbreaking is the Coronavirus Aid, Relief, and Economic Security […]

Business Law

What Happens When LLC Members Disagree?

What Happens When LLC Members Disagree? Every business should have a proper legal structure and bylaws or an operating agreement that sets forth the rights and responsibilities of its owners or members. While the partnership or corporation structure is better suited to some businesses, limited liability companies (LLCs) have become one of the most popular […]

Understanding Payroll

Understanding Payroll as an Employer

Understanding Payroll as an Employer Congratulations! Your business has grown and you are ready to hire your first employee. Where do you begin? What will the employee’s schedule be and how much will the employee get paid? Will your new hire be an employee or an independent contractor—and what is the difference? Did the employee […]

Business Law

Five Reasons Business Owners Need Estate Plans

Five Reasons Business Owners Need Estate Plans Business owners are notorious for engrossing themselves in the day-to-day management and functions of their businesses. As a business owner, you are likely the heart and soul of the company you lead. Your clients love you, and you have built unique relationships with your contractors and suppliers. Suppose, […]

Estate Planning - Wealth Transfer Strategies to Consider in an Election Year

Wealth Transfer Strategies to Consider in an Election Year

Wealth Transfer Strategies to Consider in an Election Year With a push by the Democratic party to return federal estate taxes to their historic norms, taxpayers need to act now before Congress passes legislation that could adversely impact their estates. Currently, the federal estate and gift tax exemption is set at $11.58 million per taxpayer. […]

Business Law

How to Open a Business Account

How to Open a Business Account New business owners often wonder which action items to prioritize when launching a new venture. If you recently started or are about to start a business, one of the most important steps you should take is to open a business bank account that is separate from your personal account. […]

Business Law

The Dangers of DIY Contracts

The Dangers of DIY Contracts Contracts are an essential component of effective business management and development. Savvy business owners recognize the value of contracts but often explore ways to reduce the cost of obtaining them. In some instances, business owners attempt to create their own contracts by using templates available online. However, creating your own […]

How to Choose the Right Business Attorney

How to Choose the Right Business Attorney

How to Choose the Right Business Attorney A skilled attorney is a critical part of any business owner’s advisory team. Business attorneys are equipped to assist you in handling a variety of tasks that can protect you from potential legal and business pitfalls, in addition to solving existing legal issues. As important as they are […]

Traditions Law

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