A recent in-depth business article spotlighting employment agreements and their obviously central role in the commercial universe makes a salient point: "clarity matters."
We modestly suggest at the proven Houston business law firm of Stephenson Fournier that, if you're a foreign business seeking to expand into the United States, Texas might reasonably be on your short list of possibilities.
If a former employee is using what they learned from you to compete with your business, you need to take effective action. Ideally, you would have a valid noncompete agreement in place, but the courts don't always uphold these. What issues make them unenforceable and how can they be addressed?
Starting a business with a new partner can be an exciting time. After a while, however, the relationship can get complicated.
The Internal Revenue Service (IRS) will release a new and allegedly improved Form W-4 in the near future. The agency states the changes will help better ensure Form W-4 is in line with the 2017 Tax Cuts and Jobs Act (TCJA). The changes could mean complications for employers. To help ease the transition, the agency provided employers with an early view of the form.
Intellectual property is a niche area that involves legal protections such as patents. Patents reward the patent holder with protection against others stealing their ideas. One argument in favor of these protections argues they encourage innovation by rewarding the effort required to make truly unique products.
Starting a business takes more than just a passion for a market idea. A successful entrepreneur must also have a bit of business acumen. One area to understand: when your business needs to incorporate or form an LLC or other type of entity.
Bayer, the multinational pharmaceutical and life sciences company worth billions, acquired Monsanto to grow its crop science division in the summer of 2018. Unfortunately for Bayer, the acquisition has not unfolded as planned. Fortunately for entrepreneurs throughout the world, the issues that arose with this deal provide a valuable learning opportunity.
The Supreme Court of the United States (SCOTUS) has made key holdings in recent years that limit the protections provided by patents. Not everyone is happy with the Court's impact on patent protections. As a result, further changes may be coming.
Tax Day is behind us, but the recent tax scramble serves as an opportunity to discuss the tax obligations of businesses. The type of business structure directly impacts tax obligations. Entrepreneurs that are considering choosing a business structure are wise to review the tax implications of each option before moving forward.