The Supreme Court of the United States (SCOTUS) has taken into consideration the application of a state sales tax for online transactions in South Dakota v. Wayfair.SCOTUS has answered this question in the past. In 1992, the court addressed a similar issue in Quill...
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Want to remove a shareholder? Here are three options.
A situation may arise when it is best to remove a shareholder that is causing discord within the organization. Shareholder removal is not an easy process. It is wise to read the following before seriously considering this form of action.Shareholder removal: First...
SCOTUS to define “compensation” for business purposes
What exactly is compensation? Generally, when we think of compensation in a business setting we think of a paycheck or direct deposit amount. The Supreme Court of the United States (SCOTUS) will soon hear a case that asks whether or not this definition should extend...
Selling a business? Avoid these 3 common mistakes.
Business owners may sell a business for a number of reasons. Some entrepreneurs sell their interests to transition into retirement while others are moving forward to pursue another opportunity.Whatever the reason for the sale, it is important to take proactive steps...
3 lessons from Humco’s merger with global company
The Texarkana pharmaceutical business Humco recently announced a merger with the global drug company Fagron Group. The deal, as reported by the Texarkana Gazette, is worth an estimated $70 million and is said to result in Fagron investing in the existing Humco group,...
Commercial real estate in Texas: What to watch in 2018
Entrepreneurs are wise to keep close tabs on the real estate market in Texas. A recent report by the National Association for Industrial and Office Parks (NAIOP) Commercial Real Estate Development Association ranks the Lone Star State top in the nation for growth...
Where economics and ecology align
Building and re-developing commercial real estate can be investments that yield excellent dividends. There are, however, often extensive legal considerations that come along with specific properties. Here are some legal factors about wetland permitting and mitigation...
Construction companies take note: 3 impacts of new tax law
A successful business plan must account for a number of business practices, including tax planning. It is wise for entrepreneurs to revisit their business tax plan on a regular basis. However, this is particular true in 2018 due to recent tax law changes.Will the new...
Houston commercial real estate takes a fresh approach
The commercial real estate market often fluctuates with the economy. As the economy is doing well, so is the commercial real estate market. The market in Houston has experienced a few set-backs in recent years, but appears to be poised for growth.This was highlighted...
3 questions to guide incorporation discussions
Business owners are familiar with the need to analyze the risk-benefit ratio before moving forward with a transaction. An important part of this analysis is a full understanding of the components of the proposed transaction. Taking the step towards incorporating a...