It’s crucial to ensure you pay all taxes to the Internal Revenue Service when they are due, which is crucial. If you owe back taxes and don’t arrange to pay, the IRS may levy your bank account and seize your property. In the event you’ve been contacted by the IRS...
Forming a corporation is like buying a suit — it’s not one-size-fits-all. When you are forming a company, every situation is different. Your operating model must be specifically tailored to meet the goals of your business, and you should not rely on cookie-cutter...
A business faces many threats. Those threats can be in the form of markets, competition, threats, or litigation. Those threats can also include natural disasters, power outages, and cyberattacks. While it is important to have a business continuity plan in place to...
A contract is a legally binding agreement between two or more parties. If you own a business, you likely enter into contracts all the time — and it’s important to understand the mechanics of these important documents. To be enforceable by a court, a contract must meet...
A contract is a legal agreement between two or more parties. If a party fails to fulfill their obligations under the contract, they can be held responsible for breaching the contract. A breach can include anything from failure to deliver the goods or services on time,...
Two contractual agreements that are commonly used in business matters and shareholder agreements include the right of first refusal and the right of first offer. While these rights are similar, these rights are not the same. A right of first offer provides the holder...
I formerly worked as a satellite employee from my home state of New Jersey. I ended my employment with my former employer in 2016. In 2018, I was sued by my former employer for $1.1 million in Illinois State Court. I was referred to Brinen & Associates, LLC by a friend who is a client of the firm. Brinen & Associates, LLC came highly recommended. I contacted Joshua Brinen and then had a consultation at his office with his colleague Mark White. Together, Messrs. Brinen and White explained my options...
