As each new year rolls around, countless people make personal and professional resolutions for themselves. People resolve to build their businesses so that better success could be achieved by the next December. Unless the processes to obtain those goals have been modified, the truth is that at the end of this year will likely look a lot like the end of last …
Negative Online Review Leads to $350,000 Recovery in Defamation Action
Social media has brought many benefits to business. A series of positive reviews on Yelp!, Google+, Amazon, or even on a smaller business’ website will likely lead to increased customer visits and higher sales. Indeed, there are now plenty of experts who will work to make sure your business gets these type of positive reviews and that they are prominently …
A Sunny Year for the Sunshine State
We are pleased to announce Yolofsky Law has been featured in the January 2016 edition of Acquisition International. Using the digital publication below, navigate to page 110 to read the full editorial, A Sunny Year in the Sunshine State. For your convenience, the full article text has been provided just below the digital publication https://e.issuu.com/embed.html?identifier=7p9hfob6zztn&embedType=script#0/33171555 Yolofsky Law has developed a three-part “manoueuvre” strategy …
Four Takeaways from Super Bowl L
The Broncos and the Panthers played a historic Super Bowl, not only because of the milestone number, but also because of the many small things that occurred during and after the game. It may very well have been Peyton Manning’s sendoff. The game itself surprised many because the real question beforehand was if Denver’s vaunted defense could stop Carolina’s offensive …
How to Hire Employees for Startups and Small Business
How to Hire Employees for Startups: An Entrepreneur’s Guide Your daily operations are going well—so well, in fact, that you need help delivering on your contracts. Unfortunately, a sudden spike in orders or profits can easily lead to rushed hiring decisions that CEOs later regret. As a small business owner myself, I have a few tips on how to hire …
Are You Scrambling to Get Prepped for Your Taxes? Here Are Some Tips
While tax day here in the United States is not until April 15, if you own a business and you intend to follow the rules, you’ve already started scrambling. 1099s were due to your independent contractors February 1, and if you are filing an S or C-Corp tax return, it’s due March 15, and then of course personal returns are …
Is Your Payment and Agreement Process Losing You Money?
If you get paid for a service, collecting payment is the lifeblood of your company. And, yet, if you are like most people, you’ve made it an afterthought. Indeed, few companies and individuals have given deep consideration to how their clients and customers interpret and understand the agreement presented. For example, I recently got a request from a client I’ve …
Doing Your Homework: How to Maximize Your Home Office Deduction
If you work from home, you may be eligible for tax deductions on part of the rent or mortgage payments you make, but you may be afraid this puts you at risk of a tax audit. And, rightly so. Calculating your home office deduction properly can minimize your taxes and keep you out of risk. The IRS provides two methods with …
How Your Legal and Financial Decisions Can Impact Your Marketing for the Better (or the Worse) In the Eyes of Your Prospective Customers and Clients
Running a small business often means you play a jack-of-all-trades. Whether it’s drafting client contracts or taking inventory, it’s likely you have a hand in all aspects of your business. Marketing is no exception. And knowing how to create an efficient small business marketing plan can be difficult, especially when you might not be sure how to tie that into …
Is Your Small Business Being Audited? Stay Calm and Read On
Audits can happen to any business. Small businesses are no exception. The IRS can conduct an audit on your business when your tax filing contains questionable deductions, your business is of particular interest to the IRS or by random selection. Contrary to popular belief, being audited doesn’t necessarily mean you did anything wrong. And for those who are prepared, it …