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May 2015 Archives

Financial concerns small businesses should be aware of

If you are growing a new business, part of what drives you is the desire to succeed. You may also be driven by the autonomy of being your own boss and relying on your intelligence and business savvy in order to secure your future. While these are genuine ambitions, there are a number of legal issues that could be missed. These blind spots could cause real problems as the business grows and could end up crippling the business altogether.

Tax questions you should ask during divorce

If you are in the midst of a divorce, chances are that taxes are the last thing on your mind. After all, you probably have a difficult person on the other side who is fighting you on everything from child custody and parenting time to the division of your respective 401k accounts.

Preserving wealth after the sale of a business

One of the common pieces of advice that is given to entrepreneurs and small business owners is that it is important to know when to get out of a business. After all, every business owner dreams of retirement; whether it is spending days on the beach in Cozumel, or just spending a majority of their time volunteering to a cause they believe in. Either way, knowing one’s exit strategy is should be paramount because it can greatly affect your retirement.

NFL relinquishes tax exempt status

If there is one thing that the National Football League does well, it creates interest. It has been nearly three months since a down has been played in an NFL game, yet headlines about over the league. Last week it was the annual NFL Draft; where fans from every franchise caught a glimpse of their team’s future. This week, it is the release of David Wells’ report regarding “inflate-gate,” which is the popular name given to the controversy over the accusations that the New England Patriots violated league rules regarding how their footballs were inflated during the AFC championship game.

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Law Offices of Robert T. Leonard, APC

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