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This article points to a dispute from the world of high-speed auto racing to illustrate how many private dispute resolution procedures (of the type commonly prescribed by business contracts work). The dispute in question is largely background...
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Unpaid interns can seem like a win-win proposition for your business; they get experience and a chance to keep at work, and you get cheap (free!) labor for your startup. However, running afoul of the rules governing the use of unpaid interns...
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Clint Costa explains that newly formed businesses can deduct expenses from their tax returns from before they were even a business. As Mr. Costa explains, the United States Tax Code allows for the deduction of "Investigation" and "Creation"...
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Clint Costa does a lot of transactional work, so when he presents his take on litigation, it's very down to earth and approachable. In this blog post, Mr. Costa explains the lifecycle of a typical lawsuit, from the threatening stage to the...
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In this blog post, Clint Costa briefly explains (with examples) the two major wealth taxes in the United States--the estate tax and the gift tax. He also explains the policies behind the two taxes, and why they are especially relevant for...
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Entrepreneurs tend to become attached to their successful businesses. However, in many cases, these successes are dependent upon the entrepreneur's continued presence, efforts, and energy. This can keep the entrepreneur from doing other...
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When Prince Harry turned 25, he received access to income which his mother (Princess Diana) left to him in trust. In this blog post, Clint Costa illustrates how an estate plan leaving money to your children in trust can help you provide for...
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This blog post isn't about Clint Costa's fees; rather, it's about how lawyers generally get paid. Mr. Costa explains how a Fee Agreement and a Retainer Fee combine to determine how a lawyer is compensated for working on a given matter.
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Clint Costa notes that small business owners are often encouraged to cut corners on following the rules in their drive to cut costs or otherwise gain a competitive advantage. In this blog post, he looks to the world of Formula One racing to...
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One way for legal services consumers to reduce or control costs is to request a fixed-fee. I put this into practice for my clients often. A fixed-fee is best suited for ordinary, finite projects. For example, a basic employment...
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Clint Costa comments on the nascent rise of fixed fee legal services. Fixed fee legal services are an alternative to the traditional billable hour approach; they require lawyers to change the way they approach clients' work, and allow more...
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Clint Costa is both a CPA and a lawyer, which gives him added insight into estate planning. In this article, Mr. Costa outlines the five primary goals of an estate plan, which are: (1) orderly and efficiently distributing assets at death;...