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Legal

Get legal advice, information, and real solutions to all your legal questions right here at business.com. Check out one of our many resources or ask an expert.

Latest: Advice, Tips and Resources

Advice
I invested in my friend's company but now I want out and they say I can't get my investment back. Is that true?
By Tiffany Saleem | 5 Answers | Last Activity on November 28, 2020

Hello, I invested and bought 2 shares in my friend's company and became a partner in a mortgage loan company. I was supposed to get certified as a loan officer and start processing loans but due to...

Article
Business Owner's Guide to FICA Tax
By Adam Uzialko | November 26, 2020

The FICA tax is a federal tax that both employers and employees pay to support Medicare and Social Security. Here's how it works and what you need to know as an employer.

Article
What Are Liability Waivers, and How Do They Work?
By Skye Schooley | November 24, 2020

Liability waivers can protect your business when used properly. Learn about general and COVID-19 liability waivers to see if your business needs one.

Article
The 5 Most Popular Types of 501(c)
By Deborah Sweeney | November 17, 2020

If you're considering starting a 501(c) organization, you should know the different options and the criteria for each.

Article
What Is a Shareholder Agreement?
By Sammi Caramela | November 11, 2020

With a shareholders' agreement, your corporation can avoid legal issues and challenges.

Article
Closing Because of the Pandemic? Beware of Potential Tax Hits
By Donna Fuscaldo | November 10, 2020

Thousands of small businesses have shut down because of the COVID-19 pandemic. Adding insult to injury, many are facing tax hits as they wind down.

Article
Employee Rights You're Violating Right Now
By Kiely Kuligowski | November 09, 2020

Are you violating your employees' rights? Find out which violations are the most common and what you need to know to avoid making them.

Article
Why Your Nondisclosure Agreement (NDA) Should Have Mutual Protections
By Patrick Proctor | November 03, 2020

Mutual nondisclosure agreements can provide legal protection for your business as well as the other parties when you work with other businesses and contractors.

Article
What Health Insurance Benefits Are You Legally Required to Offer?
By Joshua Stowers | October 22, 2020

Is your small business legally required to provide health insurance benefits? Here's what you need to know about offering health benefits to your employees.

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Article
What Small Businesses Need to Know About IRS Form 1099
By Dock David Treece | October 21, 2020

If your business pays independent contractors or vendors for freelance work, rent, or other items, you'll need to fill out IRS Form 1099.

Article
How the EEOC Impacts Small Businesses
By Skye Schooley | October 20, 2020

Learn what the EEOC protects so your small business can maintain compliance.

Article
When Your Business Can No Longer Pay Rent Due to COVID-19
By Austin Andrukaitis | October 09, 2020

If your business can no longer pay rent, here are five options available as a lifeline.

Article
Your Guide to Small Business Tax Forms
By Andrew Martins | October 09, 2020

What tax forms are you required to submit for your small business? When are they due to the IRS? Here's what you need to know.

Article
How to Fire an Employee the Right Way
By Skye Schooley | October 05, 2020

Follow these 10 steps to fire an employee legally.

Advice
How do I create a training course without the worries about infringement?
By Yolanda Russo | 13 Answers | Last Activity on October 03, 2020

I created a product and don't really want to create a course because it is a proprietary information and would not like it to be distributed. So I am sitting on it and not sure what to do. Action...

Article
COVID-19, Lawsuits, a Presidential Election and New Laws: Are Big Changes Coming to Business Liability Insurance?
By Dan Rafter | September 23, 2020

What will 2021 bring when it comes to business liability insurance?

Article
Trademark Basics: How to Submit a Trademark
By Max Freedman | September 09, 2020

Learn about the subtle differences between trademarks and copyrights.

Article
Mandatory Sick Leave Laws and How They Work
By Marisa Sanfilippo | September 09, 2020

Depending on the state you operate in, you may be required to provide paid sick leave for your employees.

Article
Overtime Pay Laws, How Overtime Works and How to Calculate Overtime
By Marisa Sanfilippo | September 09, 2020

If you aren't paying eligible employees for the overtime hours they work, you may end up facing fines or even legal action.

Article
7 Provisions Your Sales Representative Agreement Should Have
By Daliah Saper | September 03, 2020

If you create a sales representative agreement, make sure these seven elements are included.

Article
What Is GDPR, and Why Does It Matter for Your Business?
By Sean Peek | September 03, 2020

Failure to comply with the General Data Protection Regulation can have serious financial consequences.

Article
Should an Entrepreneur Act as a Registered Agent?
By Deborah Sweeney | September 01, 2020

What is a registered agent, and what do entrepreneurs need to know about acting as the point of contact between the state and their business?

Article
Avoiding Wrongful Termination Lawsuits, Fines and Damage to Your Business
By Marisa Sanfilippo | September 01, 2020

Firing employees for the wrong reason could result in lengthy and costly lawsuits.

Advice
How do I legally create an "umbrella" company that has several different types of businesses under it? Do I incorporate, use dba's, etc.?
By Sherri Jones | 30 Answers | Last Activity on August 25, 2020

Instead of creating several LLC's is it possible to have one umbrella company such as "Company ABC" that has "House of Lights", "Marketing For You", and "Life Coach XYZ" under it? This way only one...

Article
Form 7004: Business Tax Extensions Explained
By Skye Schooley | August 25, 2020

Corporations and partnerships can use Form 7004 to get more time to file their business tax returns.

Article
What Employee Speech Is Protected at Work?
By Skye Schooley | August 11, 2020

Educate yourself and your employees on the types of speech that are protected in the workplace.

Article
1099 vs. W-2: Which Type of Employee Should You Hire?
By Dock David Treece | August 07, 2020

There are pros and cons to hiring both W-2 full-time employees and 1099 contractors. It is important to know what those are before you decide which way to go.

Article
What SMBs Need to Know About Electronic Logging Devices
By Sean Peek | July 27, 2020

If you operate a small fleet, you may be required to adhere to new regulations.

Article
Tips for Dealing With Debt Collectors
By Dawn Kuczwara | July 21, 2020

You want to meet your obligations while also protecting your business.