Intellectual property ownership issues can become complicated when your employees develop software and written materials for your company. Without the proper legal safeguards, you might be surprised to find your company out in the cold. Here are some guidelines to help clear the air and safeguard your business interests.
Audits take time and effort, but they can provide your organization with a fair assessment of your financial health. They can also reveal vulnerabilities. Although the revised IRS Form 990 doesn’t mandate audits, the IRS does ask organizations to discuss related activities, as well as the role their boards play in them. This article looks at the difference between internal and external audits, the role of the audit committee, and how to prepare.
Discrimination against parents and other caregivers happens in many workplaces, according to an EEOC report and a study from the University of California law school. Lawsuits can arise when employees face stereotypes and are treated differently at work because of their responsibilities for children, elderly parents, or ill relatives. Click “Read More” for a look at this growing trend in litigation and what your organization can do to help protect itself from liability.
Finding seed money for a family-run business often requires tapping relatives. While that can be a source of capital, relationships can be strained when things don’t go as expected. Click “Read More” for ways to secure financing, keep the peace, and get the best tax results.
To enjoy your retirement without financial worries, you should ensure you have enough money saved when you retire. That calculation can be a daunting task. Click “Read More” for a look at a variety of factors you need to consider to make sure your estimates are accurate.
The tax rules for claiming charitable contribution write-offs have changed several times in recent years. In general, it is now more difficult to qualify for a tax deduction. Here is a rundown of the recordkeeping rules and other requirements you need to follow in order to claim a tax break for gifts to eligible charities.
Some people don’t consider designating their grandchildren as beneficiaries of their retirement accounts because they don’t want to pay the generation-skipping transfer tax. Fortunately, this tax may not apply and your family can still benefit from leaving IRA money to grandchildren in certain circumstances. Here are the details.
You can face a harsh penalty if you fail to take required withdrawals from traditional IRAs, simplified employee pension (SEP) accounts and SIMPLE-IRAs. Depending on your age, you may have to take required minimum distributions by December 31, 2012. This article explains the rules, the penalty — and how you can avoid it.
The U.S. Supreme Court officially kicked off its new term on the first Monday of October. Last term’s decision upholding the constitutionality of the healthcare law captured the attention of people across the country. What are some of the issues the Supreme Court will take on this term? We’ll answer that question and explain how the high court decides which cases to hear.
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