WHY CLICKING SEND COULD LEAD TO A BINDING LEGAL CONTRACT

Thanks to the growing popularity of smartphones and communications technologies, it is not uncommon to conduct the bulk of your business over e-mail, including contract negotiation. While corresponding by e-mail can help close a deal more quickly, it can also lead to unintended consequences.

How is a contract formed?

Many professionals don’t realize that an …

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Importing 101: Inco-What?

If your business relies on international suppliers, the import process is a necessary know-how. When engaging in an international transaction, one of the most common mistakes business make is deciding who pays for each part of the import process. While many businesses agree on who will cover shipping, they often fail to define the terms …

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Flow-Through Tax vs. Entity Tax

Flow-Through Taxation

A flow-through entity is a legally designated entity type that allows business income to flow from the business to the business owners in the form of taxable income. The entity itself is not taxed and any business losses incurred or income earned is treated as the owner’s personal income/loss. The major types of …

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Royse Law PATH Act Update: Major Tax Changes Affecting Small to Midsize Businesses

To conclude 2015, Congress passed a major tax bill, the Protecting Americans from Tax Hikes (PATH) Act. The Act focused on making permanent, modifying, or extending several popular tax provisions. It also changed partnership audits to improve administration, altered IRS procedures to help reduce identity theft and misbehavior by IRS agents, and made other incremental …

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