Jan 6, 2020
Selecting the Right State to Form Your LLC
This is one of those questions where if I was paid a quarter for every time I was asked this question, I would be a rich man indeed. There are...
Author: Larry Donahue
Larry Donahue is a managing member of the firm, with 30-years of experience as an attorney with a focus on Internet law, intellectual property, corporate law, and contracts. Larry leads the firm's Internet sales efforts. He is licensed in the states of Illinois and New Mexico, as well as at the United States Patent and Trademark Office (USPTO).
Jan 6, 2020
Important Clauses for LLC Operating Agreements
The Operating Agreement acts like a “partnership agreement” between the owners of a LLC. Important clauses for LLC Operating Agreements are critical, and a well-written and customized Operating Agreement for...
Dec 31, 2019
Tax Status for Companies
When clients ask me what type of tax status they should elect for their company, I usually respond with, “Please ask that question to your CPA or Accountant.” After all,...
Dec 2, 2019
Expungement of a Criminal Record
Criminal Record Expungement is Effective January 1, 2020 A comprehensive new expungement law in New Mexico authorizes courts to limit public access to non-conviction records one year after disposition if...
Nov 15, 2019
How To: Personal Asset Protection
Personal asset protection is an important idea, especially when you own, manage or lead a business in today’s litigious society. Unfortunately, no one thing can protect you or your business...
Nov 6, 2019
Anonymous LLC versus the Corporate Transparency Act of 2019 (H.R. 2513)
Anonymous LLC’s are Still Useful Under H.R. 2513, the Corporate Transparency Act of 2019 First, the good news: the Corporate Transparency Act of 2019 (HR 2513) does not eliminate the...
Oct 21, 2019
Liquidated Damages in a Credit Card Processing Agreement
Law 4 Small Business is pleased to feature our guest blog writer, Gingergaye Hollowell. The Most Costly of Termination Fees Period! When you choose a credit card processor, you will...
Aug 12, 2019
Buying an Existing Business?
If you are presented with the opportunity of buying an existing business, you may be attracted to the idea of walking into an income-producing business with a great location, a...
Aug 7, 2019
#5- Breach of Contract- Part 2: The Most Common Lawsuits Filed Against Small Business Owners
Breach of contract means just that; a contract has been “breached” or broken. There are varying degrees of breach ranging anywhere from no performance at all to some/minimal performance. Lets...
Jul 31, 2019
The 5 Most Common Lawsuits Filed Against Small Business Owners.
Is your business doing all it can to avoid these types of lawsuits? I recently did some research into the most common lawsuits that are filed against small business owners. ...
May 22, 2019
When your employee has a Drinking Problem: The HR Perspective on Tiger Wood’s Dilemma
By all accounts, Tiger Woods was having a great year. He won the Masters in one of the greatest comebacks the sporting world has ever witnessed. He was awarded the...
Apr 15, 2019
Retaining Employees With an Employment Contract
One of our favorite clients, a small business owner, has a fantastic Beauty Salon not far from our office where many of us get our hair cut. As with many...