Author Archives: J. Caleb Donner and Lori Donner
The Internal Revenue Service has recently announced new requirements for tax-exempt organizations. These new regulations became effective June 8, 1999 and apply to all exempt organizations other than private foundations. Basic Requirements for Tax Exempt Entities Most people have a basic understanding that non-profit entities can obtain exemptions so that the entity does not have to pay any… Read More »
SMALL BUSINESS CAN CELEBRATE IRS RESTRUCTURING. With the recent passage of the IRS Restructuring and Reform Act of 1998, many new taxpayer rights provisions now allow businesses to function more smoothly despite IRS audit or collection efforts. The new law expands, clarifies, and fine-tunes many of the most significant small-business oriented provisions in the Taxpayer Relief Act of… Read More »
Let’s face it, we all hate to pay taxes. Filing our tax returns is often painful and time-consuming, not to mention expensive. Unfortunately, many people encounter some type of tax problem during their lifetime. Whether it is failing to file their taxes on time, not having the money to pay taxes that are owed, or failing to file… Read More »
Article written based on California Law As small business owners are well aware, we live in a time where anyone who feels that they have been wronged files a lawsuit. Now, more than ever, it is important that small businesses examine their options to determine the correct type of business entity in which to operate. Choosing the right… Read More »
I have had many business clients come to me after a former client or employee has sued them. Their question always seems to be, “How could I have avoided this lawsuit”? I have also had many inquiries from individuals who want to know if they can sue a business for incidents that range from defective products to rudeness.… Read More »
Despite what most high-tech employers think, California courts are extremely reluctant to enforce a non-compete agreement that an employee signs as a condition of his/her employment. California Business and Professions Code Section 16600 provides that subject to certain limited exceptions “every contract by which anyone is restrained from engaging in a lawful profession, trade or business of any… Read More »