Stephanie L. Schaeffer, Esq. brings new service offerings to BLSW Clients Stephanie L. Schaeffer, Esq has joined Business Law Southwest as an Associate Attorney. With nearly two decades of legal experience, Ms. Schaeffer is a fantastic fit for the BLSW team. Ms. Shaeffer’s excels in commercial litigation, real estate law and bankruptcy law. Partner and Manager of the litigation group, …
Do You Know About The “Decline” Credit Card Scam?
“That’s strange, I have plenty of credit…try the card again.” “Hogwash!” cries Ginger Hollowell author of “Secrets of Credit Card Processing Fees Revealed” and Owner of the Electric Money Company. https://electronicmoneycompany.com/ “When a card is declined at point of sale, it means the card DOES NOT have enough credit for the purchase. That simple. ” According to Ms. Hollowell, this …
Is Your Business Required To Pay Business Taxes During The COVID-19 Pandemic?
For the most part, the answer is no – that is to say, individuals are still required to pay taxes, as are businesses. That being said, there are a few COVID-related exceptions. First, in the CARES Act, Congress allowed for a deferral of the employer’s portion of Social Security taxes for periods between March 27, 2020 and December 31, 2020, payable 50% …
Purchasing a Business That Has Debt.
Structuring the sale correctly will give you peace of mind and potentially save you thousands. Attorney Don Kochersberger weighs in on what to do when existing debt was not handled appropriately during the sale of a business. Dear Don, My boyfriend and I recently bought a business. It is a gym that my boyfriend has been a trainer at for …
When Your Business Partner Thinks He Is Funny…. But He Is Not.
Attorney Joe Turner weighs in on this complicated but serious issue. Dear Joe, I am in a Partnership with four other Physicians. One of the Partners fancies himself a comedian. He likes to send out joke emails to the entire staff and will often add improper comments to serious ones. The problem, aside from being immature and distracting, is that often …
Can A Landlord Keep Property Owned by a Tenant If The Tenant Breaks Their Lease?
The Landlord’s Lien. Under New Mexico law, a landlord has what is known as a “Landlord’s Lien” on property that is housed within the space that is being rented. This means that a landlord has a lien on the property which remains in the rented location for the rent due under the terms of a lease. If a business has …
What to Consider When Your Tenant Asks You to Renegotiate a Commercial Lease
Is the Lease About to Expire? The first thing to do is look at your lease and determine when the lease is set to expire. Is your tenant attempting to renegotiate for a future lease agreement, or are they trying to renegotiate the rental rate on their current lease? Most leases will specify that the tenant must notify the landlord …
Understanding Contracts: Contractor and Subcontractor in a Construction Context
Contracting and subcontracting can exist in many arenas, but one of the most common is in construction. If you have ever watched a home renovation show or gone through the excitement of having your own home or business renovated, you have probably heard the terms contractor and subcontractor used. The question is, what is the difference and how much do …
Employment Contracts: Why They Are Important and How You Can Use Them to Protect Your Business.
Hiring new employees is a difficult process. You have to be sure they are properly suited for their position and have a personality and temperament which will suit the work environment you have spent time and effort putting together. This coupled with negotiating benefits, salary, and slotting in time for training in an already busy schedule can seem overwhelming and …
No-Handshake Policy and Other Policies for Businesses to Consider During (and After) Coronavirus
Handshakes, once a key part of professionalism in the workplace and world of networking, may now be a thing of the past due to coronavirus concerns. As more people return to the workplace, business owners are trying to figure out how to best keep their workers and customers safe while still appearing personable and professional. First impressions are especially important …
