Feb 24, 2020
Selling Goods in Different States: South Dakota v Wayfair, Inc
In the case of South Dakota v. Wayfair, Inc., the Supreme Court of the United States allowed the State of South Dakota, under a law it had passed, to require...
Author: Ian Alden
Ian Alden is a former Senior Associate attorney with Law 4 Small Business (L4SB). His practice, while with L4SB, mainly involved mergers and acquisitions, tax consultation, and general business needs. He is licensed in the State of New Mexico (NM).
Feb 3, 2020
Marriage and Taxes: The Good, The Bad, and The Ugly
For many people, marriage is a blessed start to a new chapter in life. Unfortunately, for many people, marriage can often come with an unexpected tax bill. Here are a...
Jan 15, 2020
Operating Agreements and Taxes: What You Need to Know
As you may have gathered from some of our previous articles (for example, read “Does your LLC have a proper Operating Agreement?” and “Important clauses for LLC Operating Agreements“), the...
Apr 3, 2019
Capital Loss and Leaving a Partnership
Everyone who’s ever started a business will tell you that any new business venture involves risks. Sometimes it’s the risk of a capital loss of everything you have invested, or...
Dec 6, 2018
A S Corporation May Help You Save a Lot in Taxes
If you’re familiar with the different types of businesses out there, you’ve probably heard something about an S Corporation or “S-Corps”. Maybe a friend or colleague told you about some...
Oct 22, 2018
Thinking of “selling” your home to your LLC? Don’t.
Here at Law 4 Small Business, we get a lot of calls from folks asking us about “loopholes” or ways to get around having to pay legal debts — whether...
Aug 27, 2018
Return of the C Corporation
If you’re starting a new business (or reorganizing an old one), you have a few options to choose from. For example, you could form a Limited Liability Company (or LLC)....
Jun 21, 2018
Internet Sales Tax and the Supreme Court
If you run a business large or small, it’s hard to ignore today’s headlines: Supreme Court rules states can force online retailers to collect sales tax (CNN), Supreme Court rules...
Apr 30, 2018
Ways to Buy an Existing Business
In our previous piece (The Art of Buying and Selling a Business), we discussed some of the important issues you should consider when you want to sell or buy an...
Mar 15, 2018
Gross Receipts Tax in the Digital Age
In a previous article, we talked about New Mexico’s Gross Receipts Tax (or NM GRT). To summarize, New Mexico imposes a “sales tax” on the sale of services as well...