Government and Legality
Identify your intellectual property
Just as you thought (before reading this article) that cyberspace was the wild, new frontier, there are plenty of others operating under that same misunderstanding. What’s your intellectual property–specifically, your copyrights and trademarks–and can you protect them?
First, are you using other companies’ trademarks? Imagine going on a major promo blitz and getting a nasty lawyer’s [...]
White House Eyes Bailout Funds to Aid Small Firms
The Obama administration is developing an initiative to take money from the $700 billion rescue program for the banking system and make it available to millions of small businesses, which officials say are essential to any economic recovery because they employ so many people, according to sources familiar with the plan.
The effort would represent a [...]
Do your homework before applying for federal business loan
The federal government continues to free up millions of dollars for small business. But businesses that want to take advantage of the bounty need to do their homework and come prepared when they apply for a federal loan.
The government’s SBA program introduced the America’s Recovery Capital, or ARC, loan designed to give small businesses suffering [...]
New Bill Could Divert Billions in Small Business Contracts to Corporate Giants
PETALUMA, Calif., June 29 /PRNewswire-USNewswire/ — For the second time in the last year, the House of Representatives Small Business Committee has passed legislation that will change the definition of a small business to give some of the nation’s wealthiest investors billions of dollars in federal small business contracts.
The bill, H.R. 2965, the Enhancing [...]
House passes landmark climate change bill
WASHINGTON (Reuters) – President Barack Obama scored a major victory on Friday when the House of Representatives passed legislation to slash industrial pollution that is blamed for global warming.
The Democratic-controlled House passed the climate change bill, a top priority for Obama, by a vote of 219-212. As has become routine on major bills in Congress [...]
Patent Legislation Will Stifle Innovation
In the patent community, there has been discussion concerning recently proposed legislation called the federal Patent Reform Act of 2009 (Senate Bill 515) to restrict rights for patents owned by companies that do not make or sell an invention covered by the patent. The current United States patent system allows an owner or purchaser of [...]
Audit Attractors to Watch Out For
Be careful not to put a target on your tax return.
What Triggers an Audit?
Following is a comprehensive list of things that can trigger an IRS audit:
Failure to include income that has been reported to the Internal Revenue Service
During the month of January, you receive tax documents in the mail declaring income and certain expenses that [...]
