Setting up and operating a new business takes all the time, energy and devotion you can muster. Hard work brings gratifying achievements, but what happens if a lawsuit arises? How do you protect yourself and your new company? Personal liability It is important to...
Business And Commercial Law
Antitrust laws prevent gig workers from organizing
As more companies turn to the gig economy for help, workers are attempting to secure higher pay and better working conditions by organizing and protesting. However, existing U.S. antitrust law may stand in the way. How does antitrust law impact the gig economy?...
Structures for your business
Utah is booming right now. It's become a preferred location for young people who have an education, a skill and a vision for the future. All of these entrepreneurs have a great idea. But sometimes, it's not only the product or service a business offers that accounts...
Common lawsuits and how to avoid them
Utah small businesses do the best that they can to stay out of the courtroom. While some court cases are inevitable, others happen because the business has been lax in its compliance practices. Some cut corners and end up paying a price. Here are some ways that your...
How is an LLC treated by the IRS?
One of the most common and popular business structures in Utah is the limited liability company, also termed as an LLC. While there are multiple operational benefits, one reason they are established is for taxation purposes. The company can have as many members as...
What is wrongful termination?
Utah is an “at-will” employment state. This means that, generally speaking, either an employer or an employee may terminate their working relationship at any time, for any reason, or no reason at all. However, this doesn’t necessarily give business owners carte...
Should I create a trust for my business?
If you are a business owner, it is likely that your business is one of your most valuable assets. You may be sentimental toward your business - you will want it to be your legacy after your lifetime and to continue to thrive. Therefore, when planning your estate, it's...