Millions of small business owners avoid paying payroll taxes on their income by taking distributions from their S corporations, which are not subject to payroll taxes, in addition to salaries, which are subject to payroll taxes.
I have heard that immigration authorities started accepting H-1B petitions from U.S. Companies in April to hire professionals in specialty occupation positions, such as engineers, computer systems analysts, financial analysts, and allied healthcare professionals, to name a few. In past years there were shortages of H-1B visas since they are subject to an annual quota, but usage was down during the Recession. Now that the economy is recovering, should our business be concerned about potential shortages in this widely used visa category?
As of April 20, the USCIS received approximately 25,000 toward the annual 65,000 annual quota cap, and approximately 10,900 toward the 20,000 annual cap.
What are some considerations for businesses looking to host online sweepstakes?
Here are some measures to consider when launching an online sweepstakes to avoid problems similar to those Taco Bell faced:
Is increasing what is withheld from my paychecks a good idea? I’ve really come to count on getting that tax refund each year.
In a perfect world, we would make sure that exactly the right amount is withheld from our paychecks throughout the year so that we don’t owe the IRS, and the IRS doesn’t owe us.
Mobile apps are increasingly popular. Our company is developing an app that will essentially mirror our website. Are there any special protections we should consider before we go public with our mobile app?
Mobile apps are predicted to generate $52 billion in revenue by 2016. It makes sense that more businesses are looking to join the growing mobile marketplace.
According to President Obama’s 2013 budget proposal, the Department of Justice plans to spend more next year investigating and enforcing intellectual property crimes. What’s behind this move?
Some believe the reason behind the recent emphasis on IP protection is largely political, while others believe the new emphasis is a result of the current economic climate.
I read Facebook was required to go public – is there anything they could’ve done to remain private?
Until Congress or the Securities and Exchange Commission acts, private companies should consider these six safeguards that may help avoid the requirement to register with the SEC:
Facebook issuing an IPO was big news last week. What changes and challenges will this dorm-room startup now face since it will be a large, publicly held company accountable to shareholders?
The long-awaited Facebook initial public offering appears to have arrived more quickly than many people thought. While the offering will not be consummated for some time, it is generating huge interest among all levels of the technology and corporate finance communities. While there is little doubt that this IPO will be very successful in raising […]
The ‘Stop Online Piracy Act’ (SOPA) was meant to protect legitimate American businesses and their customers. How did an online campaign kill the bill, and where does that leave business owners?
Few events in the Internet’s short history have had the sheer power and spectacle of the recent rise and fall of the Stop Online Piracy Act (“SOPA”). SOPA and its companion bill, the Protect Intellectual Property Act (“PIPA”) quickly went from highly touted and strongly supported legislation that appeared certain to pass to sudden and ignominious defeat.
How do the new NLRB rules expose employers to organizing campaigns and elections? Will the new rules affect my workforce and should I be worried?
Just this past week, on December 21, the NLRB took action which could have a detrimental impact on all employers. As promised by the partisan Board, the NLRB’s democratic members formally adopted rules which drastically modify representation case handling procedures. This is the latest attempt to push through its pro-union agenda prior to the departure […]