Business laws regulate entities like corporations, partnerships, and sole proprietorship. Whether it is about setting up a new business, operating an existing business, closing a business, arranging finance for it, dealing with the tax issues, or declaring it as bankrupt, there are certain sets of laws that apply. If you are not well aware of the laws work in different situations, you may end up putting yourself in a serious trouble.
Bankruptcy Laws
July 20, 2010 By
When a person cannot pay the debts, he/she can use bankruptcy as an option, as per which the court makes certain arrangements in order to protect the interests of both the debtor as well as the creditors. Where debtors get an opportunity to get rid of the mounting debt problems, creditors get their money back. However, this is not an easy option at all. It should be better considered as a last option rather than an easy option. When nothing else works, you can use this method to get out of the debt trap.
3 Common Tax Deductions That People Often Miss
July 17, 2010 By
There must be times when you file your return and then you realize after a couple of weeks that you actually missed on some great opportunities for tax deductions. You are not the only one; many people skip some good chances to keep their taxes low, mainly because of lack of planning. So, roll up your sleeves and start planning now.
5 Proven Strategies to Save Your Tax Record from Identity Theft
July 17, 2010 By
The possibility of an audit and a situation when you are unable to pay your taxes are some of the scariest things that one may have to deal with during the tax season. Identity theft is an equally horrible factor, but unfortunately, people often overlook such things. The incidences of ID theft have been increasing rapidly with every passing year. More and more people are becoming its victims. The number of such incidences increases much faster when the tax season comes. Therefore, it is crucial for you to learn how to protect your tax record from such threats.
5 Reasons Why You Must Have Real Estate Properties Titled in a Land Trust
July 17, 2010 By
If you are a real estate investor and are not using land trust, you must be lagging far behind your competitors, especially the ones who are using this revocable, living trust for titling property to real estate. When you use this tool, it allows you to title each property in separate trust while ensuring optimum protection and privacy. Following is a brief rundown on how it can help you protect your investment, build a better portfolio, and increase the ROI.
5 Most Common Areas That Personal Injury Laws Cover
July 17, 2010 By
Personal injury laws cover a wide spectrum of accidents and injuries, where someone gets injured because of the fault of other people. In such cases, it is the legal right of the victim to file a compensation lawsuit against the person responsible for his/her injuries and the resulting financial, personal, and psychological losses.