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Choosing S Corporation Status for Your Limited Liability Company

September 7, 2020 by Sandra Ighalo

Combine the Benefits of an LLC with Those of an S Corporation If you're contemplating setting up a new business entity, you may think that you have to choose between establishing a limited liability company and receiving the tax benefits of an S ...

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Filed Under: Limited Liability Company Tagged With: Limited Liability Company

Forgiveness Made Easier for Paycheck Protection Program(PPP) Loans

August 6, 2020 by Sandra Ighalo

Law Extending Application Period Also Makes Forgiveness Simpler On July 4, 2020, the federal government extended the application period for Paycheck Protection Plan loans to August 8, 2020, as $130 billion of the allocated funds remained available. ...

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Filed Under: Payroll Protection Program (PPP) Tagged With: PPP

Congress Extends Application Period for Paycheck Protection Program (PPP) Loans

July 7, 2020 by Sandra Ighalo

Approximately $130 Billion Still Available The application period for the federal Paycheck Protection Program, enacted to help small businesses that are suffering due to the COVID-19 pandemic, has been extended through August 8, 2020. Officials say ...

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Filed Under: Payroll Protection Program (PPP) Tagged With: Business Law

Happy 4th of July 2020

July 2, 2020 by Sandra Ighalo

On this Independence Day, let us all aspire to those principles that make our nation great—freedom, liberty, and justice for all. We wish you a safe and happy holiday with loved ones. ...

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Filed Under: Uncategorized

Forgiveness of Payroll Protection Program (PPP) Loans

June 1, 2020 by Sandra Ighalo

The Requirements for Forgiveness | Steps You Must Take If you own or operate a small business that's been affected by the COVID-19 pandemic, the Payroll Protection Program (PPP) offers assistance to help you get through the lean times and move ...

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Filed Under: Payroll Protection Program (PPP) Tagged With: COVID-19 pandemic

Funding Still Available for Businesses under CARES Act

May 8, 2020 by Sandra Ighalo

Funding Still Available for Businesses

Second Round of Funding Provides More Assistance After the initial funding for the Payroll Protection Program under the CARES Act ran out in just 14 days, Congress authorized an additional $370 billion dollars to the program. Officials say the funds ...

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Filed Under: Business Documents Tagged With: Business Law

The CARES Act and Your Business

April 1, 2020 by Sandra Ighalo

Let MCIS Law Help You Navigate the Stimulus Package and Protect Your Business The COVID-19 pandemic has had and will continue to have a devastating impact on the American economy. Even if your business is an essential one, and has not been ...

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Filed Under: Business Law Tagged With: CARES Act, COVID-19

Shareholder Agreements—An Introduction

March 23, 2020 by Sandra Ighalo

The Purpose of a Shareholder Agreement | The Important Provisions of a Shareholder Agreement When you're setting up a new business enterprise, it can be easy, in the excitement of the moment, to assume that you'll always get along with everyone ...

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Filed Under: Business Documents, Business Formation Tagged With: Shareholder Agreement

Typical Provisions in an Employment Contract

February 5, 2020 by Sandra Ighalo

Common Provisions Included in Employment Contracts Terms of an Employment Agreement Establish Rights and Responsibilities Whether you're an employer or employee, there are advantages to putting the terms of an employment relationship in writing. ...

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Filed Under: Employment Agreements Tagged With: Compensation, Grounds for termination

Intellectual Property and Your Startup Business

January 28, 2020 by Sandra Ighalo

Intellectual Property and Your Startup Business

Understanding the Different Types of Intellectual Property In the 21st-century business world, a company's intellectual property can often be more valuable than real property, equipment and other assets. One of the keys to maximizing your likelihood ...

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Filed Under: Business Law Tagged With: Business Law

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10701 Corporate Dr. Ste 340-104,
Stafford, TX 77477

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