Paying a Foreign Contractor
This blog post will inform a US company on the necessary steps to take to establish a proper relationship with a foreign independent contractor, tax and withholding requirements, and shielding itself from liability. It will also...
Early Trademark Considerations for Startups
Whether or not you have registered with the United States Patent and Trademark Office (USPTO), if you are operating a business, you likely have trademarks. A trademark is any word, phrase, symbol, or design, which distinguishes the source of goods. Your company name...
Non-compete Clauses in Tech: Don’t Find Yourself in a Bind
Non-compete clauses have become a hot button topic, especially in tech. A non-compete clause is a type of contractual restrictive covenant in which an employee promises not to work for an employer’s competitors. Historically, non-competes were reserved for highly...
Classifying Your Tokens: Currency, software or securities?
What do Bitcoins have in common with Florida oranges? This isn’t the setup to terrible joke, it’s an introduction to the Howey Test, a legal tool developed by the Supreme Court in 1946 to identify investment contracts and securities. The relevance of nine old men...
Opening U.S. Bank Account: Basics for Non-Residents
The benefits of a United States bank account are clear to many non-resident aliens, international businesses, and international businesspeople, but opening one has become frustrating for non-US persons after 9/11 and the passing of the Patriot Act. Unclear regulations...
When to consider converting an LLC to a corporation
Each year, the limited liability company (LLC) becomes increasingly popular as a form of business entity. This popularity speaks to the ease of formation and the low administrative burden of LLCs-- which allow business owners to combine the tax benefits traditional to...