Recommended Books
Benefit Corporation Law and Governance by
Corporations with a Conscience Corporations today are embedded in a system of shareholder primacy. Nonfinancial concerns--like worker well-being, environmental impact, and community health--are secondary to the imperative to maximize share price. Benefit corporation governance reorients corporations so that they work for the interests of all stakeholders, not just shareholders. This is the first authoritative guide to this new form of governance. It is an invaluable guide for legal and financial professionals, as well as interested entrepreneurs and investors who want to understand how purposeful corporate governance can be put into practice.
Call Number: E-book only.Publication Date: 2017-10-16
Business Law and Practice 2022/2023 by
Business Law and Practice provides a detailed guide to the forms of business most commonly encountered in practice, examining how they must be run in accordance with the statutory and common law applicable to them. It explains these businesses relationships with outsiders and gives an overview of their possible tax liabilities.
Call Number: E-book only.Publication Date: 2022
J. K. Lasser's Guide to Self-Employment by
What every self-employed person needs to know about their taxes! If you're self-employed, chances are the majority of your time is spent finding new customers or clients, servicing existing ones, and handling each and every aspect of your business. Freelancers, independent contractors, gig economy participants, and other individuals working for themselves need to be aware of their responsibilities when it comes to paying their taxes. Even if you have an accountant or use tax preparation software, you may not be aware of all the deductions and credits you are entitled to. That's where the experts at J.K. Lasser come in. The second edition of J.K. Lasser's Guide to Self-Employment helps you file your taxes correctly, accurately, and on time. Using clear, jargon-free language, this bestselling guide explains the legal and financial implications of self-employment and shows you how to keep as much of your hard-earned money as legally possible. You will learn the essentials of tax reporting and see what types of valuable tax-saving deductions and credits you can claim. Fully updated to reflect changes in the tax code, this new edition features practical examples, easy-to-use worksheets, real-world tips, expert advice, and much more. A must-have resource for anyone who fills out a Schedule C at tax time, this book: Offers effective strategies for reducing your tax bill and increasing your cash flow Presents a detailed overview of the Schedule C that explains when, where, and what to file Explains how to protect yourself on a tax-advantaged basis with insurance, health coverage, and retirement plans Features advice on growing your business through technology and education programs Provides new and updated information on the qualified business income deduction, getting certified for government contracts, recent legislation that protects freelancers, and more Don't let being a solopreneur and filing your taxes be a source of stress and anxiety for you and your business. J.K. Lasser's Guide to Self-Employment: Taxes, Strategies, and Money-Saving Tips for Schedule C Filersis here to help.
Call Number: E-book only.Publication Date: 2019-12-04
Small Business Issues: Contracting, Compliance and Tax Benefits by
Congress has broad authority to impose requirements upon the federal procurement process, that is, the process whereby agencies obtain goods and services from the private sector. One way in which Congress has exercised this authority is by adopting measures to promote contracting and subcontracting between "small businesses" and federal agencies. Chapter 1 describes the various federal programs, requirements, procurement officers, and procurement offices involved in promoting federal contracting and subcontracting with small businesses, small disadvantaged businesses (SDBs), SDBs participating the SBA's "8(a) Program," Historically Underutilized Business Zone (HUBZone) small businesses, women-owned small businesses (WOSBs), and service-disabled veteran-owned small businesses (SDVOSBs). Chapter 2 discusses the extent to which selected federal agencies demonstrated compliance with thirteen section 15(k) requirements for OSDBUs and SBPAC review process results. Chapter 3 examines what contracting officers consider when assigning NAICS codes to federal contracts and the status of efforts to clarify code assignment and industry views on NAICS code assignment and the number and outcomes of appeals. Chapter 4 reports on SBA's development of criteria and guidance on using a risk-based approach for certifying and recertifying HUBZone firms, and SBA's implementation of the revised policies and procedures for firms located in Puerto Rico. Chapter 5 examines the extent to which SBA and the participating agencies have implemented these benchmarks, including assessing businesses against them and establishing the consequence of not meeting them. The federal tax burden on small firms and its effects on their formation and growth have long been matters of legislative concern for Congress. This abiding interest has helped pave the way for the enactment of a series of tax laws in recent years that included targeted tax relief for a number of small businesses as discussed in chapter 6.
Call Number: E-book only.Publication Date: 2019-07-10
The Tax & Legal Playbook: Game-Changing Solutions to Your Small Business Questions by
Known for his candid works, Lawyers Are Liars, What Your CPA Isn't Telling You and The Business Owner's Guide to Financial Freedom, trusted advisor, CPA, and attorney Mark Kohler delivers again, giving conflicted business owners the go-to guide for confidently approaching legal and tax issues fundamental to protecting their business and themselves. Leveraging popular case studies, Kohler presents easy-to-grasp points supported by assessment quizzes, checklist, chapter summaries, and more.The Tax Rules Have Changed. Your Business Should, Too. The Tax Cut and Jobs Act of 2017 marks the biggest tax reform in more than 30 years. The changes to the tax code are complex (especially for the small-business owner), but you don't have to go it alone. CPA and Attorney Mark J. Kohler delivers a comprehensive analysis of the new tax and legal structure you desperately need to help make the new tax law work for you. In this revised edition of The Tax and Legal Playbook, Kohler reveals clear-cut truths about tax and legal planning and delivers a practical, play-by-play guide that helps you build wealth, save on taxes, and protect your assets. Using real-world case studies, tax-savvy tips, game plans, and discussion points, Kohler coaches you through the complexities of the tax game of the small-business owner. You'll also learn how to:Examine your business needs and pick the right business entity for you Build your personal and corporate credit in eight steps Implement affordable asset protection strategies Take advantage of underutilized business tax deductions Pick the right health-care, retirement, and estate plans Bring on partners and investors the right way Plan for your future with self-directed retirement funds Reading from cover to cover or refer to each chapter as needed, you will come away wiser and better equipped to make the best decisions for your business, your family, and yourself.
Call Number: E-book only.Publication Date: 2019
The Tax Aspects of Acquiring a Business, Second Edition by
The Tax Aspects of Acquiring a Business is a guide written to the tax considerations that must be weighed when acquiring an existing business, whether the business is conducted as a proprietorship, partnership, Limited Liability Company, S corporation, or a C corporation. The book looks at the transactions from the point of view of the seller as well as the buyer. This symmetrical view is presented because the tax effects on the seller will influence the acceptable terms for the deal. The author describes the tax consideration in quantifiable terms by demonstrating the actual calculations that must be made to evaluate the after-tax consequences of the terms of an acquisition agreement.
Call Number: E-book only.Publication Date: 2018-08-04
Legal Issues
- Top Ten Legal Mistakes Made by EntrepreneursFrom Harvard Business School's "Working Knowledge". HBS professor Conny Bagley's advice on the most common legal mistakes made by budding entrepreneurs.
- US Patent and Trademark OfficeA division of the US Dept. of Commerce. Official agency for registering patents, trademarks and intellectual property. FAQ section is especially instructive.
Taxation
- Determine Your State Tax ObligationsFrom the U.S. Small Business Administration (SBA.gov). Created for those who want to establish/expand a business. Best official source for locating state business tax requirements in one place.
- Small Business and Self-Employed Tax CenterFrom the Internal Revenue Service (IRS.gov). Discusses tax issues for specific types of business ownership structure. Also deals with tax regulations for employees, closing a business, expenses, e-filing and more. Best resource for official federal tax rules/regulations.
Employment Law
- Disability Law lndex: EmploymentFrom DBTAC Southwest ADA Center. Links to pertinent laws/regulations regarding disability law in the workplace.
- elawsFrom the U.S. Department of Labor (DOL). "Employment Laws Assistance for Workers & Small Businesses". Includes guidance and information on pay/benefits, safety/health, youth employment, veterans' issues and more. A-Z index links to over 250 work-related issues and DOL services. Very handy compilation of resources .
- FindLaw Small Business CenterDiscusses various aspects of law for small business. Includes sections on employment law, immigration law and workers' compensation. Includes "Compliance Assistance" link. Excellent place for beginning research on employment law.
- U.S. Department of Labor (DOL)This agency deals with federal laws/regulations regarding workers/employees. "A-Z" index (under "About DOL") links to over 260 work-related issues and DOL services, including topics about wages, hours of labor, occupational health/safety and more. Also includes compliance assistance materials. Best source for official information on labor issues.
