After exploring our website and blog you may be asking yourself, “why should I hire SG Law Group to represent me in my legal cases?” Well, we have the answer right here: SG Law Group represents a wide range of clients. From the small claims in terms of individuals to large claims that involve half-a-million dollar cases. On your business side, we represent clients who start businesses, to merging, acquisition to, in certain cases dissolution. Whatever the situation you are in, a big or small case, give us a call and see how we can help you.Read More
The major changes in the coming years due to Obamacare have the most affect on higher income individuals. However, a few things should be kept in mind when filing taxes for 2013. First and foremost, taxpayers should make sure that their filing status is correct. Whether filing as head-of-household or married filing jointly, the filing status is the most important assessment a taxpayer makes when filing their taxes. If you have questions about your filing status, consult an attorney, tax professional, or us here at SG Law Group. Other, more precise changes to the 2013 tax year include the increase…Read More
One of the most important tax decisions an owner can make about his new business is made at formation. One common mistake is to jump to the conclusion that every business needs to be a corporation. In actuality, corporations have only a small niche where they are applicable. The tax problem with a corporation is that under the current federal tax system every dollar taken out of a corporation is taxed twice. Yes, you heard correctly—two times. This happens due to the preconceived notion that the corporation and ownership of a corporation are two different persons. Because there are two…Read More
Thinking about having a child, but scared that your employment, or the employment of your loved one, might be in jeopardy? First, congratulations on this life-changing event that is sure to be a wonderful period in your life. Second, fear not, for the US government has made sure that employees are protected when preparing for and ushering in our next generation. Two laws in particular stand out: The Pregnancy Discrimination Act protects those that are pregnant and looking for a job, or currently holding a position. The law outlines that companies with more than 15 employees must treat pregnant women…Read More
What Is The Importance Of Corporate Resolutions? Corporate resolutions are extremely important. As individuals we make decisions. We don’t need to answer to anyone. However, a corporation cannot speak for itself. This is where a corporate resolution comes into effect. They in essence state what is going to be done because it was approved by the owners, directors, etc. Therefore, whenever a decision needs to be made that will affect the company as a whole, it is highly encouraged to have a corporate resolution.Read More
With tax season rolling up around the corner, it is important that you are prepared and ready to organize and file your taxes. Make sure you don’t find yourself making these common tax mistakes: 1. Not updating accountants on personal changes – Many individuals have accountants and those accountants have the individuals’ information as was given to them previously. This information includes home addresses and occupation. Tax payers should make sure their accountant has the information updated each year. 2. Differentiating between reportable income – For those who have retirement accounts or certain work functions, your gross for work may…Read More
Employee/Contractor Determining the classification of an employee is really a question of agency law. Is the person an agent or an employee (sometimes also called a servant)? The definition of an agent is one who, by mutual consent, undertakes to act on behalf of another subject to the principal’s control. Both an employee and an independent contractor are agents, but an employee is under much more control than an independent contractor, sometimes called a non-employee agent. Thus, the key question is whether the person or the employer controls the individual’s actions. For example, if a person is free to go…Read More
Is the landlord obligated to make any repairs in a rental unit? The landlord’s obligation with respect to the property all are dependent on the lease or whatever the statute states with respect to its responsibilities, or his/her responsibilities. Therefore it’s extremely important when entering a lease to hire a licensed attorney to let you know what you will and won’t be responsible for.Read More
There are many ways to sell a business. The most popular are using Asset Purchase process or stock purchase process. The first involves selling the assets of the business as opposed to the entity that houses the business (i.e. Corporation or partnership). The second involves selling the stock or ownership interest in the entity housing the business. With respect to the asset purchase, this is used if the business plans on either continuing a portion of the current business model or if the business has certain liabilities the new owner does wish to take on. The asset purchase would transfer…Read More
Is An Oral Contract Legally Enforceable? An oral contract is legally enforceable as long as it meets all of the requirements of a regular written contract: offer, consideration, and acceptance. Whether or not it’s written is irrelevant – that’s why it’s always important to be careful of what you say.Read More
