Limited liability companies (LLCs) are popular due to their basic benefits of liability protection and are typically used by a company with two or more owners. LLCs protect the owners’ personal assets from losses, company debts, or court rulings against the company as long as the owners keep their debts and assets separate from the LLC. LLCs may also provide …
Do You Have a Will For Your Business?
Attorney Ian Alden to host a workshop aimed at educating business owners on business succession planning. Do you have a will? Have you thought about how you would take care of your family if something happened to you? Have you given any thought to retirement? Well, the same thought process needs to go into your business. If the unthinkable were …
What Is So Important About An Operating Agreement?
It is one of the most important documents associated with your business yet in so many instances it is the least considered. In fact, a frightening amount of small business owners merely downloaded a generic form and signed it when starting their business with little knowledge as to what was in the document. The Operating Agreement for your business dictates …
Do You Know The Top 10 Mistakes Business Owners Consistently Make?
Firm Partner Larry Donahue is teaching this informative 2- part workshop. 25 +years and thousands of clients later, Attorney Larry Donahue has been able to identify the all-too-common mistakes small business owners everywhere, in every type of business make over and over again. The good news is, once you know about these mistakes, it is easy to avoid them. Even …
Important Legal Considerations When Selling On-line.
Thinking about selling goods or services online? You should. If COVID-19 taught small businesses anything, it is the importance of an online presence in order to stay in business! Learn about the important considerations that come with selling online. From contract considerations when hiring someone to build a website, using and posting photos, cyber insurance, dealing with negative reviews to …
Why “Doing Nothing” is the Worst Option.
A closer look at Default Judgements. If you are involved in a lawsuit, one of the things that you do not want to occur is to be defaulted out as a party in the case. When a party is defaulted by the clerk or the court, that party cannot defend itself in the case until the default is set aside …
Why You Need To Consider An Expungement Even If You Were Not Convicted Of A Crime.
In 2019, New Mexico passed the “Criminal Record Expungement Act”. This new law went went effect on January 1, 2020, and it allows many individuals to have their arrest or conviction records expunged. With respect to criminal convictions, in most cases, the law allows a person in who has been convicted of a violation of an ordinance, misdemeanor, or felony …
Independent Contractor or Employee?
Many employers have to determine whether a new hire is going to be an employee or an independent contractor. Often, this decision is made at the outset because the employer needs to know whether to withhold taxes when issuing a first paycheck. In fact, taxes are only the first of many reasons an employer needs to know the difference between …
Free Small Business Workshop
Partner Larry Donahue and Tax Attorney Ian Alden team up with Neil Bradley – EVP US Chamber of Commerce to discuss Small Business Aid and new COVID-19 Guidelines in the free workshop on Jan 20th. Sign up at: https://nmsbdc.ecenterdirect.com/events/12814
PPP Loans and Tax Credit: Free Virtual Workshop For Business Owners
BLSW Attorneys are teaming up with SBDC New Mexico for a free online workshop for business owners. Join attorneys Larry Donahue and Ian Alden on January 15 to learn about the latest in PPP funding. New round of stimulus funds Employee tax credits What you can do to limit the amounts you need to pay back The workshop is free. …
