Archives for BUSINESS LAW

NEED HELP STARTING A BUSINESS?

Here at McDonald Law Group we understand that starting a new business can be challenging and frightening. Who do I talk to now? Where do I go? What do I do now? These are common questions that we can guide you through. We would like you to know that we are here to help and serve you with your legal needs. Our cost effective Business Success Plan has helped many business owners conquer these fears and challenges that one might face when starting up a business.   McDonald Law Group is dedicated to you and your business legal needs. We
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CAN YOUR BUSINESS RUN WITHOUT YOU?

More than 50 percent of all small-business owners are 50 or older, according to the U.S. Small Business Administration. That means many of America’s 28 million small-business owners are coming to that point in their lives when they need to think about a transition for their businesses. A survey done in early 2015 by CNBC and the Financial Planning Association found that while 78 percent of small-business owners intend to sell their businesses to fund their retirements, fewer than 30 percent have a written succession plan. That’s not a recipe for success. A good plan covers both the human-resources aspects of
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EMPOWERING YOUR WOMAN-OWNED BUSINESS WITH A CERTIFIED REGISTRATION

If you are a woman and you own a business, having a women business owner designation has many advantages. Most public corporations, as well as local, state, and federal government purchasing agencies, have programs for allotting a certain percentage of business to women-owned companies. Becoming certified as a Women-Owned Small Business (WOSB) can make the difference between landing that contract or not. However, the certification process is not without its challenges, and often times owners get discouraged during the process because they lack the proper guidance or misunderstand how the process works. This is where we can help. In honor
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RESIDENT AGENT SERVICE FREE FOR OUR NETWORKING PARTNERS

We appreciate our Referral Partners It is Small Business Appreciation month at McDonald Law Group in the month of March. We are proud to support local businesses with affordable legal services through our Business Success Plan. Additionally, we are offering one year of free registered agent services to our networking partners this month, as a thank you for all that you have done for us.  By taking advantage of our offer our networking partners would not owe us any fees for the registered agent services and would only be required to pay the filing costs for the year. What is
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WEED IN THE WORKPLACE; DON’T LET YOUR BUSINESS GET BURNED

Nevada’s Question 2 passed with 54 percent of the vote and was one of 7 states that passed similar measures this election cycle. Essentially, it decriminalized some recreational use of marijuana after January 1st, 2017. Very little guidance was provided in the legislation regarding how the measure applies to employers, so the onus will be on companies to navigate this new world until further legal clarity comes forth. In the meanwhile, there are now more things to add to your business’s to-do list before the end of the year to avoid a cavalcade of complications. First, it is recommended that
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BUSINESS OWNERS IN SOUTHERN NEVADA…WHAT LICENSES DO YOU NEED?

What business licenses are required in Clark County? Operating a business in the greater Las Vegas area can lead to a lot of confusion about what types of business licenses are required. The most important question to ask is: Where is your business actually located? Is it in Las Vegas city limits, Henderson, North Las Vegas? If so, you may need additional licenses to operate your business. Click on this link to the C.C. Jurisdiction Locator and enter an address or scan the map for an area you are considering and know before you file. If you are in the 89141
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MLG BUSINESS SUCCESS PLAN

McDonald Law Group is committed to supporting our Henderson and Las Vegas community’s small business economy by making necessary legal services more affordable and more effective by developing relationships with owners before legal emergencies arise. Our Business Success Plan includes a small monthly retainer and built-in legal hours available to your business for things such as: Debt collection Contract review Document review Contractor/Supplier disputes Product liability issues Employee theft Tax audits Employee confidentiality issues Threats of consumer lawsuits Additional legal assistance beyond the built-in hours is discounted at 25%, you and your employees enjoy a discount on personal legal representation,
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THE NEW NEVADA COMMERCE TAX: WHAT YOU NEED TO KNOW

The New Nevada Commerce Tax: What you need to know The Nevada Commerce Tax is a new annual tax package passed by the 2015 Legislature. It became effective July 1st, 2016. All businesses, regardless of their annual gross income, are required to be registered for the commerce tax. However, unless your gross revenue is $4,000,000.00 or higher, you will not have any new tax liability. The first annual return is due Monday, August 15, 2016, for most.  If your business is registered with the Nevada Secretary of State, it is likely that the State of Nevada Department of Taxation has
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SMALL BUSINESSES PAY MORE TO STAY COMPLIANT

Government regulations and red tape can be a tremendous challenge to small business growth and success. Small businesses’ regulatory compliance costs are 36 percent higher than large businesses, according to an SBA study. It is no surprise that regulations consistently rate as a top concern for small business owners. This year alone there are an estimated 3,300 new regulations being considered and many of them will affect small businesses. All businesses, regardless of what business you’re in, must comply with statutes (laws passed by legislative bodies) and regulations (rules enacted by regulatory agencies to carry out the purposes of statutes).
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TAX DEBT

This may seem an odd time of year to write about to tax debt to most of you. Congratulations. That means you probably don’t owe any tax debt from last year. For the rest of you that filed your extension and have been nervously pretending that your extension date isn’t looming, this article is for you. They are many different types of tax debt for individuals and businesses. Fortunately in Nevada, we don’t have a state personal income tax. But that doesn’t mean we don’t have state business and federal taxes for both you and your businesses that you are
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