Business Law Articles
Learn and discover the latest useful business law articles for practical information, DIY, and ideas from a network of leading business and corporate lawyers.
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What Are Cash Receipts?
A cash receipt is a written document that provides evidence of a cash sales. In accounting, a cash receipt is an accounting entry that documents the collection of cash from a customer.

Pass Through Entity Tax California: Everything You Need To Know
The California pass-through entity such as a Corp. Inc. or LLC will pay a rate of 9.3% on the total of each consenting owner's pro-rata or distributive share of income subject to California personal income tax.

What Is Business Assumed Name?
An assumed business - also known as a DBA or doing business as - is used by a person or entity that is doing business under a fictitious name.

How To Write A Memorable Executive Summary of Business Plan
To write an excellent and memorable executive summary, take each element from the business plan and highlight critical details that excite the investor or lender to learn more about the company and its financing needs.

What is Fraud Triangle Theory?
The fraud triangle theory states that a person is motivated to commit fraud when three conditions are met: 1) opportunity to commit fraud, 2) incentive or pressure to commit fraud, and 3) a person's rationalization to justify committing fraud.

How to Pay Yourself From An LLC
The IRS requires LLC owners to pay themselves wages as a W2 employee.

What is a promissory note?
A promissory note is a contract that contains a written promise by a borrower to formally agree to repay money to the lender.

Effects of Fraud and Corruption On A Business
Fraud and corruption in a business can lead to a loss of confidence and trust among investors and shareholders because corruption, fraud, and bribery have the potential to topple businesses.

5 Warning Signs of Employee Fraud
The signs of employee fraud include unexplained discrepancies in cash, and missing financial documents.

Business Reputation Management: What is it and How to Do it?
Managing a business reputation requires keeping an eye on how others perceive it by managing online information and public relations. This usually involves tactics such, as addressing customer feedback utilizing social media for marketing purposes monitoring online reviews and taking necessary steps to mitigate any potential damage in order to uphold a favorable image in the eyes of the public.

What Are The Best States For Incorporation?
This article provides a table with side by side comparison of the best states for incorporation.

Tax Benefits of LLC in California
In California, an LLC (Limited Liability Company) offers tax benefits such as pass-through taxation. This means that the company's profits are only taxed once at the individual members' personal income tax rates, avoiding the double taxation typically seen in corporations.

What Is Discretionary Spending? Examples
Discretionary spending is using money for nonessential expenses like going to the movies, streaming streaming subscriptions, and dining out.

Laws On Being On-Call for Work
On-call or standby time at the work site is considered hours worked for which the employee must be compensated even if the employee does nothing but wait for something to happen.

What does Separate Legal Entity Mean?
A separate legal entity means the company that is a corporation, Inc., LLC, is separate from the natural person (human) for legal purposes.

How To Find A Business Partner Who Will Boost Your Profits
The best way to find a business partner to boost profits is through networking events, industry associations, or professional connections. A business partner that will boost business profits is someone with complementary skills and expertise, aligning with your business goals and values.

What Is PMSI – Purchase Money Security Interest
A Purchase Money Security Interest (PMSI) gives a secured creditor priority over other creditors in the event of bankruptcy or liquidation.

What Are the Types of Revenue in Business?
There are six types of business revenue is a company’s total income from selling goods or services.

What is short term disability?
Short-Term Disability is private insurance that replaces a percentage of your income if an illness or injury prevents you from working.

What is cash flow projection and how to calculate it?
Cash flow is the net cash and cash equivalents transferred in and out of a company. To calculate cash flow, subtract a company's total expenses from its total revenue within a specific period, considering both operating and non-operating activities.

Clear vs TSA precheck: What is the difference?
The choice comes down to this benefit: For TSA PreCheck ($78), you do not need to remove shoes, laptops, 3-1-1 liquids, belts, or light jackets during the screening process. For Clear ($189), you bypass the line, but need to remove items and passing through a body scanner.

What are G&A expenses and meaning?
General and administrative expenses are accounting terms that include building rent, building expenses, wages, salaries, equipment and machines depreciation, etc.

How To Tell If $100 Bill Is Fake
Hold the $100 bill up towards a light source and look at the left side of the bill for an embedded thread that runs top down. Also, on the right side is a watermark of Benjamin Franklin. If any of the markings are missing, the bill is fake.

Sample Promotion Letter of Recommendation Template
A promotion recommendation letter discusses an employee's activity that supports active encouragement to an employee's career advancement.

Sample Professional Letter of Recommendation Template
A professional letter of recommendation is a formal document written by an employer on behalf of an employee that discusses a job applicant's suitability for a particular role in a field related to an employment opportunity.

23 Passive Income Ideas for Building Wealth
Passive income streams build wealth by generating consistent earnings without requiring your daily involvement.

Certified Articles of Organization: Everything You Want to Know
A certified copy of a company's Article of Organization is copy of a document such as Articles of Incorporation that was filed with a state's Secretary of State and that the state certifies as true and correct.

How To Become Registered Agent
A person or company can be a registered agent. There is no special license or permit to be a registered agent. However, you need to have the proper business licenses and permits.

How To Create A Powerful Competitive Analysis For Business Plan
Analyze your competitors' strengths and weaknesses and leverage your competitor's weaknesses by turning their weaknesses into your strength and business opportunities.

How To Onboard a New Employee
This article discusses and provides a list of tasks HR has to do to onboard a new employee to a company.
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