Experienced Business Law Counsel
If you own or operate a business, you know the complexity is always increasing. At one time, having a sole proprietorship may have been enough, but other forms of business organization offer better protection from liability and allow you to obtain partners or additional funding. You also know regulatory compliance of all types has become more complex. We at the Law Office of Stephen W. Grosh can help you with all the legal technicalities that will ensure your business has a strong legal foundation.
Choosing a business form is complex and involves differing priorities. A partnership, a corporation and a limited liability company all have their advantages and disadvantages. It’s important to know which form offers the most benefits for your specific business.
We can help you analyze your business and its goals and help you decide the formation type that will work for you. We can also help you if you need to change the type of business organization and we can explain the costs and benefits of each type.
Operating A Business
We can also help with many of the legal issues that arise in the ordinary course of running a business. We can write contracts or other agreements, including employment agreements and noncompetes. Noncompete and confidentiality agreements can be a useful tool for protecting many aspects of your business, from customer lists to trade secrets and intellectual property.
Tax matters are always important for any business. If you sell products, you may need to collect sales and use tax. If you have employees, you need to be scrupulous with your accounting for and payment of your payroll taxes.
You are considered to be a fiduciary with regard to these funds by the IRS and failure to make the quarterly payments can lead to investigations by the IRS and severe penalties, including criminal charges. We can help you create a process and help prevent these types of tax problems from developing.