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 112 to read  the full editorial, A Sunny Year in the Sunshine State. For your convenience, 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 “manoeuvre” strategy to effectively …

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 …

Hiring? Great! Here’s How to Get Started With Your First Employee

Up until now, you alone have been running your small business. Now you need help. The moment when a small business owner decides to hire his or her first employee is one of triumph. Conversely, knowing how to start the hiring process can be a moment of confusion. If you’re ready to hire your first employee, first of all, congratulations! …

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 …

Avvo Legal Guide: The 4 Pillars of a Solid Business Foundation

This excerpt, courtesy of A.J. Yolofsky, Family Business Laywer®, was originally published on Avvo. The guide can be read in full here. This guide will give you information about the four pillars upon which every business foundation is based. Ignoring your business’ foundation means you are essentially flying by the seat of your pants not knowing where you might be exposing …

how to leave entrepreneurial legacy leadership

How to Start Planning Your Entrepreneurial Legacy

Entrepreneurs take their lives into their own hands every day. They might be starving one minute and feasting the next, but they have a direct control over their destiny that most people will never experience. As a business owner myself, I know what it’s like to weather the ups and downs of life as an entrepreneur—and how the everyday tasks …