Daily Archives April 12, 2015

Tax Benefits of A “C” Corporation – Funding

Tax Benefits of A “C” Corporation – Funding

by: Richard A. Chapo

If you are going to form a corporation, you might be surprised to learn a “C” corporation comes with a lot of tax benefits. While this article isn’t intended to replace the advice of a good tax professional, it may serve to open your eyes to the value of a “C” corporation.
“C” Corporation
The “C” in C corporation has a few legal ramifications, but it is primary a designation for tax purposes. Put in layman’s terms, the designation simply means the corporation will act as its own tax entity. In contrast, an “S” corporation acts as a pass through tax entity, pushing its financials down to the shareholder who report the information on their personal tax returns.
The Internet Revenue Code sets out the ...

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Do You Own Your Web Site Design?

Do You Own Your Web Site Design?

by: Richard A. Chapo

Your web site has been up for a few months and you are making money hand over foot. While surfing sites one evening, you are shocked to find a competitor using your design. You find out your designer sold them the same design. They must be breaking the law, right? It all depends on whether you own the copyright to your web site design. Many site owners are shocked to find out they do not.
What is Copyright?
Copyright is a method of protection for authors of original works such as literature, computer programs, music, artistic pieces and photographic images. The protection provided by copyright arises under Title 17 of the United States Code...

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Identity Theft Shield

Identity Theft Shield

by: Mark Freink

We live in an information-oriented society. Technology allows us to do business and make transactions literally in a matter of seconds. This abundance of information has given rise to a new crime – identity theft. In fact, according to a 2003 release from the Federal Trade Commission, almost 10 million people in the United States may be victimized by identity bandits each year.
So what does that mean? Someone has stolen your credit card – your credit card company can help you with that, right? Well, according to the FTC, almost 60% of identity theft issues don’t pertain to your existing credit card accounts...

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Seven Sets of Documents You Need For Your Divorce

Seven Sets of Documents You Need For Your Divorce

by: Scott Morgan

This article is designed to give someone who is considering or planning for the possibility of divorce an idea of what documents are needed. Even if you believe your case is ultimately agreed to and settled without a trial, you will be in a much better position if you already have the relevant documents in your possession. Better safe than sorry.
You should locate the relevant documents, make copies, and keep them somewhere secure, like your office or with a friend. You will then have access when it is needed.
Here are the most important seven categories of documents you should focus on.
1. Income Documents
Your spouse’s income is relevant to a number of issues in a divorce case...

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How To Avoid Injury Compensation Claim Dilemmas

How To Avoid Injury Compensation Claim Dilemmas

by: Mumtaz Shah

Amazing isn’t it when a salesperson gets you to sign some documents and briefly explains what it entails. Only to discover at the end of an injury compensation claim that it wasn’t mentioned. And only to be told then ‘well, it’s all in black and white and you signed the papers’…
You then become frustrated with salespeople asking, or begging for a compensation claim? You don’t know them and they want to be your best ‘buddy’. For a while, I guess?! You don’t have a clue about their company, what they do and how they complete. But you’re about to make a mistake, thanks to their sweet talk…
An injury claim service is something we need in society. A service, we may not need right now, but could surely need it in the future...

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