“I always believe there's a reason why you go through everything.” - John Elway Last week we discussed some reasons why you should start a business, all of which spawn from a need or willingness to connect with people and make their lives or businesses better. Here...
“With great power there must also come great responsibility.” – Ben Parker As you begin plotting what type of business yours will become, it’s good to look at how different structures will dictate what types of taxes you will pay and how high they could be. The...
“But why, some say, the moon? Why choose this as our goal? And they may well ask why climb the highest mountain? Why, 35 years ago, fly the Atlantic? Why does Rice play Texas?” - John F. Kennedy, Rice Stadium, September 12, 1962 We’ve explored the “what” and “how” of...
“The wages of sin are death, but by the time taxes are taken out, it's just sort of a tired feeling.” ― Paula Poundstone There are various ways employees and freelancers can be paid. Sometimes, particularly when small businesses are concerned, people are not paid by...
Every exit is an entry to somewhere else. -- Tom Stoppard Last week we discussed the importance of drafting a will or trust and exit strategy as part of your business plan and that the Purple Rain will fall on you if you don’t plan for your eventual exist from the...
Discourage litigation. Persuade your neighbors to compromise whenever you can. -- Abraham Lincoln Last week we discussed ways to negotiate with the Internal Revenue Service (IRS) during Notice Season. One of those ways is to enter into an Offer In Compromise (OIC), a...
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...
