When you hear about stocks, it’s usually in the context of the stock market, where people buy and sell shares in companies in the hopes of turning a profit. But what, exactly, is it? What does it mean to have stock in a company, and what can you do with it besides sell it on the market? Continue reading “Taking Stock of Stocks”
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Hanging Up Your Hat: What Happens When You Want to Leave Your Business?
Nothing lasts forever. Even if you’re a business owner and you love what you do, at some point you’ll want to leave your business, either to move on to greater things or to enjoy your retirement. But what happens once you leave your business? Does it linger on, or do you close shop for good? And what happens if you do? Continue reading “Hanging Up Your Hat: What Happens When You Want to Leave Your Business?”
How to Protect Yourself From Employment Discrimination Claims
If you’re an employer, chances are you’ve concerned yourself with the possibility of an employment discrimination lawsuit. Even if you go out of your way to treat all your employees with respect and fairness, the risk of a discrimination lawsuit is ever-present. And unfortunately, simply being well-intentioned doesn’t necessarily protect you from a discrimination suit. Continue reading “How to Protect Yourself From Employment Discrimination Claims”
CMS Proposes Cuts for Hospital-Owned Outpatient Services
The Centers for Medicare and Medicaid Services (CMS) have proposed changes to Medicare payments that would significantly reduce payments to many physicians and hospital outpatient healthcare services. The changes in policy would also increase the wage index (the degree to which payments are adjusted based on regional average wages) for low-income hospitals, like those found in many rural areas, while decreasing the wage index for higher-income hospitals. The move is set to gradually reduce the payments to hospital-owned, off-campus clinics over the course of two years, which CMS predicts will save Medicare more than $800 million per year. Continue reading “CMS Proposes Cuts for Hospital-Owned Outpatient Services”
Delaware Court Approves Shareholder Demand to See Facebook’s Books
The Delaware Chancery Court has recently approved a demand by Facebook’s shareholders to see their books and records. This demand, called a Section 220 demand, was filed as a means of examining potential wrongdoing by Facebook’s leadership during the Cambridge Analytica scandal. Cambridge Analytica (CA), a now-defunct political consulting firm, was accused of stealing the data of 50 million American Facebook users which it utilized to influence the 2016 United States Presidential Election. Continue reading “Delaware Court Approves Shareholder Demand to See Facebook’s Books”
The Danger of Double Taxation
Oftentimes, when people are discussing corporate taxation, one of the things they’ll refer to is “double taxation,” and how unfair it is. The term may be confusing for people unfamiliar with the tax code, who wonder how it is that corporations can be taxed twice. However, it’s not as complicated as it sounds, and understanding double taxation can make a big difference when deciding how to organize your business.
Continue reading “The Danger of Double Taxation”
When is it Time for a Business Divorce?
Perhaps you’ve been with your business partner for a long time. It’s been years, maybe decades, and for a while, it was working out fine. However, over time you’ve found yourselves growing apart, spending less time together or fighting more frequently than you once did. Even if you still get along just fine otherwise, it might be time to consider a business divorce, for both the sake of your business and for your own sake. Continue reading “When is it Time for a Business Divorce?”
The Benefits of “Pass-Through” Companies
If you are involved in business long enough, you’ll hear about “pass-through” companies, and you might wonder what those are. What’s passing through them, and why would you want something to pass through them at all? Put simply, there are certain kinds of companies that will allow you to treat the company’s income as though it were your own income, which has both benefits and drawbacks. Continue reading “The Benefits of “Pass-Through” Companies”
House Judiciary Committee Opens Antitrust Investigation Into Big Tech
The United States House of Representatives’ Judiciary Committee has begun to investigate several major tech companies, including Google, Facebook, Apple and Amazon, for alleged violations of antitrust law. The allegations stem from these companies’ dominance of their respective markets, as well as certain alleged anti-competitive practices that allow the companies to keep competitors from encroaching on their market share. A focus in the initial hearing was the impact these companies have had on the news industry, particularly the advertising revenue models of Google and Facebook, which are blamed for a decline in the revenue generated by traditional news media. Continue reading “House Judiciary Committee Opens Antitrust Investigation Into Big Tech”
C-Corps vs. S-Corps: Which Are Right for You?
Most people starting out with their new business are going to have their hands full, simply thinking about whether incorporating is right for them. When they learn there are multiple kinds of corporations, they can start to feel overwhelmed. However, it’s not quite so complicated as it first appears, and there are just a few basic things you need to keep in mind if you’re deciding on how you want to incorporate your business. Continue reading “C-Corps vs. S-Corps: Which Are Right for You?”
