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Articles to LIFT Your Life and Business

How to Save Big Money on Your Taxes This Year – Part 3

Welcome back to our third and final article in our series on how you can save big money on your taxes this year.  Just a little time and effort focused on strategically reducing your taxes can pay big dividends. In part 1,we discussed the first step in saving big on taxes: strategize with your tax […]

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How to Save Big Money on Your Taxes This Year – Part 2

Welcome back to our series on how you can save big money on your taxes this year. Just a little time and effort focused on strategically reducing your taxes can pay big dividends. Last week, we discussed the first step in saving big on taxes: strategize with your tax advisor at key points during the […]

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How to Save Big Money on Your Taxes This Year

It can be shocking to realize that our biggest personal and business expense, bar none, is taxes.  The good news is that just a little time and effort focused on strategically reducing your taxes can pay big dividends. The first thing to know about taxes is that it is not illegal to strategize to save […]

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Employee Handbook Guidance from the National Labor Relations Board

As union membership continues to fall nationwide, the NLRB seems to be more closely monitoring company employment practices and policies. The Board is on the lookout for policies that could deter non-union employees from engaging in activities protected by Section 7 of the National Labor Relations Act. What is Section 7? Section 7 protects employee […]

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Five Steps You Can Take Now to Be Ready for Litigation

In our world of electronic communication, your business needs to be prepared to handle a major risk of litigation in which you could be responsible to produce records, reports and data from your computer network and systems.  Electronic discovery could cost your business tens or even hundreds of thousands of dollars, if you are sued. […]

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Ridesharing: Who Cares Whether Drivers Are Employees or Independent Contractors?

Ridesharing companies like Uber and Lyft have been front and center in recent media stories and court decisions. All across the country, drivers have brought lawsuits arguing that they are employees of these companies, rather than independent contractors. If you own a business and think these stories have no relevance to you, think again. What […]

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Asset Protection for the Small Business Owner

According to the U.S. Small Business Association, small businesses create almost two of every three jobs in the U.S. every year, and half of working Americans are either owners or employees of a small business. The SBA advises entrepreneurs to seek counsel while in the initial phases of getting a business off the ground. As […]

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Could Your Email Form a Binding Contract?

The Internet has changed the way businesses negotiate, review and revise their contracts. Sending emails back and forth can make the process faster and more convenient, but you should be aware that it can also lead to inadvertent liability. The use of electronic evidence or digital data has drastically increased in courtrooms across the country. […]

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These 3 Legal Risks Can Bust Your Business

While there is no such thing as a business with no risk, most savvy business owners look for ways to mitigate risk as much as possible. Being aware of these three legal risks will create an understanding for the future of your business. Trusting a verbal or handshake agreement. This is more common early in […]

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10 Reality Checks to Investigate Before Starting Your Own Business

Before you consider in a new startup, you should understand that there is quite some distance between a great idea and a great company.  As part of your due diligence, perform these reality checks before you spend your savings on starting something new: Are you ready for the entrepreneurial lifestyle? Entrepreneurship is not a get-rich-quick […]

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8 Asset Protection Strategies for Business Owners

One of the biggest risks small business owners take is not properly protecting their personal assets from business liabilities or judgments.  In a recent Entrepreneur.com article, Mark Kohler, author of The Tax & Legal Playbook, offered these 8 asset protection strategies for business owners: Choose the right business structure.  Operating as a sole proprietorship offers […]

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