On December 20, 2017, the U.S. Congress passed one of the most significant overhauls of the U.S. tax code in more than forty years. The tax reform act (formerly known as the Tax Cuts and Jobs Act or the “Act”) has far reaching effects on businesses in the U.S. as well as those abroad. We will highlight ten key areas of the new law and its effect on your U.S. based business.
Gonzalo Law’s core values are driven by their passion to make a difference in the community. In conjunction with NUMA Speed & Performance in Gainesville, FL., they recently awarded the Gonzalo Law Bright Future’s Scholarship to a local high school student.
The Gonzalo Law Bright Future Award is in partnership with NUMA Speed & Performance Owner, Tim Montgomery, a former two-time U.S. Olympian in track and field. NUMA Speed stood out as a partner because of their unique training and focus in comparison with other gyms. Their training is driven by young high school, college, and professional athletes with goals to perform better in their sports, to obtain college scholarships, and more. Tim focuses on speed training and rigorous athletic conditioning for all of his athletes.
If you have recently started a business or are in the process of growing it, it is likely that you are looking for additional businesses and organizations in which to work with and from which to purchase goods. With over 300,000 wholesale distributors in the United States, the question arises, “Where are the best places to look for additional business?”
There is a serious confidence that comes from having sound legal counsel for your business legal matters. This piece of mind cannot be replaced.
Three main reasons legal counsel will always outperform online templates are as follows:
Bringing aboard new employees? When considering which employment contracts would work best for your business, consider what an employment contract is and how your business can benefit from it? An employment contract is an agreement between employer and employee setting forth the terms of employment. An employment contract may be written, oral, or implied. There are four types of contracts that fit into these three categories. Businesses can offer At-Will Employment Contracts, Written Employment Contracts, Oral Employment Contracts, or Implied Employment Contracts.
Email phishing has become a widespread problem throughout the cyber world. Almost everyone is vulnerable to phishing. Phishing occurs when a fraudulent email appears to originate from a legitimate business. The business is usually a well-known organization that a person regularly conducts business with such as a financial institution, internet provider, or any other similar organizations. There is usually a link in the email that directs you to another website that is a sham. These sites will ask for personal information about you to allegedly verify your identity but in reality they are deceiving you into divulging this information so that they may commit identity theft.
It has been nearly a decade since the mortgage crisis exploded in the U.S. and it does not appear to be over yet! Read more
As the accuracy and precision of technology improves, tech companies struggle to answer unavoidable and complex questions. Whether they want to or not, companies face the challenge to find a balance between the privacy rights of individual users and the national security interest of the entire public. This is most clearly demonstrated in the current stand-off between the federal bureau of investigation (FBI) and leading tech company, Apple, due to Apple’s encryption software.
It is undeniable that contracts are used in business across the globe. Established business owners may have considered the idea of having employees sign an employment contract. Although it is important to ensure that expectations are clear for all parties, there are three considerations that you should be sure to keep in mind. This is because contracts are not created to protect only employers, yet also to protect employees. Three important considerations include, although not limited to, the following:
Over the last four years, oil prices had remained constant. However, in the last seven months prices per barrel have dropped considerably. In 2010, a barrel of crude sold at approximately $110 dollars per barrel, whereas in 2014 the price per barrel dropped to below $50 a barrel. This drop can be attributed to several different reasons. The US is increasing production of crude oil, and the slowing economic growth in several countries which has reduced demand, especially China. Currently, US oil production is at the highest levels it has been at in 30 years. In addition, the recently lifted sanctions on Iran have been lifted and it will begin producing oil as well adding to an already flooded supply. These reasons coupled with the fact that Saudi Arabia’s Oil Minister, Ali al-Naimi, has declared that The Organization of the Petroleum Exporting Countries (OPEC) will not be reducing production regardless of how low the price per barrel may fall, has also had an affect. These falling prices will have a major impact on business and the economy in a number of ways.