An S-Corp isn't a different kind of entity, it's a federal tax election that applies to the the corporation you've already set up. It can be a great way to save some money on taxes, but you've got to make sure you qualify, that's the catch.
Last week in Part 1 of this two-part post I discussed what an 83(b) election is and walked through one particular situation in which someone should make that election. In this installment, I'll go through an example in which it doesn't make good...
What’s an 83(b) election, and when is it a good thing to do? Great question, and one every entrepreneur, founder, contractor, or anyone else trading work for equity should know the answer to.
After receiving a marketing email from much-maligned trademark search/registration website Trademarkia I set out to write a post about the danger of marketing that looks like it's coming from an official source. After doing a little digging, I became...
Everyone thinks they should incorporate in Delaware, but no one knows why. One of the big reasons Delaware can be advantageous? The Court of Chancery, considered the best court in the country for corporate matters. But is that reason for your...
I take a look at a recent Library of Congress blog post announcing the completion of their Twitter archive and discuss the implications of having ready access to a complete archive of tweets that can't be erased.
I take a look through Instagram's new (now abandoned) terms of service to determine what the changes mean legally and what that means for users.
Steven Ayr looks at a somewhat absurd suit involving copyright infringement of Mike Tyson's facial tattoo. Although Mr. Ayr thinks that the case is most likely going to settle pre-trial, he takes the time to analyze whether or not the copyright...
Steven Ayr examines a recent case involving copyrighting of photographs. According to Mr. Ayr, this court looked at the original purpose of copyrights--protecting original expressions of ideas--to determine when a copyright should apply to a...
Steven Ayr explians why it's important for copyright holders to register their copyrights. First, he distinguishes between a copyright and copyright registration. Basically, copyright registration is a filing with the US Copyright...
Steven Ayr notes two common problems which landlord clients of his have. First, they don't take the time to know the law, and so either forfeit legal rights which they could otherwise keep, or open themselves up to liability to tenants...
The Boston Marathon trademark suit was big news around Boston in 2010; basically, the organization which runs the Boston Marathon sued a number of individuals and small businesses for trademark infringement. In this article, Steven Ayr (who...