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Business

March 27Business

Beneficial Owner Information (BOI) Reporting – What You Need to Know as a Small Business Owner

In 2021, Congress passed the Corporate Transparency Act. As part of this act, a new requirement was created for business owners to report certain information to the U.S. Department of the Treasury. Part of the intent of this act is to make it harder for bad actors to hide …

Are Arbitration Provisions in a Contract Enforceable?

Arbitration is a form of alternative dispute resolution. It is a way to resolve disputes outside of judiciary courts. Each party presents their side of the dispute, and an arbitrator will decide on the issue (like a judge does). Two of the main benefits of arbitration are speed and …

Advantages of a Nonprofit Owning a For-Profit Business

Most nonprofit organizations are tax-exempt under section 501(c)(3) of the Internal Revenue Code. These organization are commonly referred to as charitable organizations. A charitable organization cannot be organized or operated for the benefit of private interests. It cannot be created for the benefit of any private shareholder or individual. …

Returning to Work After COVID: 6 Strategies to Smooth Your Transition Back to the Office

As the country begins to reopen following the COVID-19 pandemic, employees are beginning to return to the office.

Returning to the office after months of working from home presents new obstacles never before experienced.  An Upwork study conducted in the fall of 2020 found that 41.8% of Americans were …

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