Category Archives: Small Business
COVID-19 Vaccinations Mean A More Productive Workforce And A Tax Credit For Business Owners
The good news is that more than 29 percent of the population of Maryland and more than a quarter of the population of the District of Columbia is fully vaccinated against COVID-19. The better news is that both Maryland and DC still have plenty of vaccine doses left to distribute. One out of every… Read More »
How To Incentivize Your Employees To Get The COVID-19 Vaccine
By all accounts, Maryland has done a commendable job of making COVID-19 vaccines available and reopening businesses for in-person activities. Still, the number of new vaccine doses being administered nationwide has plateaued. Currently, about a third of the population of the United States is fully vaccinated, which is encouraging, but hardly enough to achieve… Read More »
Protecting Your Business From Data Breaches
Did you hear about the pharmacy that paid a class action settlement to 800 patients whose identifying information got stolen when the pharmacy suffered a cyber-attack? What about the real estate investing company that paid a class action settlement to more than 1500 investors, property owners, and other business contacts who suffered financial losses… Read More »
What Maryland Business Owners Should Know About The New Corporate Transparency Act
Along with surprise medical bills, shell corporations could soon be a thing of the past. A shell corporation is a company that appears to belong to no one, sometimes because its dealings are so shady that no one wants to claim responsibility for it. People have set up shell corporations (or perhaps more accurately,… Read More »
The Employee Retention Tax Credit Could Help Your Company Save Money
The COVID-19 pandemic is dragging on into its second year, like a song with a catchy riff that eventually trails off into an endless outro of guitar noodling. The number of new COVID-19 infections is decreasing in most states, more people are getting vaccinated, and there are murmurings that some once-normal activities might be… Read More »
Maryland’s RELIEF Act Includes a Sales Tax Credit for Small Businesses Adversely Affected by the Pandemic
Spring is almost here, the snow is melting, and everyone is starting to panic about tax season. Filing business taxes is never easy, and even the most well-organized small business owners often get an unpleasant surprise when they meet with a tax accountant about their business taxes. Clickbait authors know that headlines about quadruple-digit… Read More »
How a Business Law Attorney Can Help You Prevent Business Litigation
Many small business owners only contact a lawyer when they have a big problem. A former client or former employee is threatening to sue the company, a bigger company is giving you the choice of letting it buy you out for a paltry sum or else putting you out of business through heavy-handed competition,… Read More »
Beyond PPP: The New Stimulus Bill Contains Other Forgivable Loan Options for Small Businesses
The new COVID-19 pandemic relief bill is thousands of pages long, but a few aspects of it have attracted the lion’s share of the media coverage. Which individuals will get another round of direct stimulus payments? How much money will these payments be, and how soon will they be in people’s bank accounts? Small… Read More »
Good News for PPP Borrowers: A Simplified Loan Forgiveness Application and a More Streamlined Application Process
The COVID-19 virus may be here to stay, but 2021 is a new year that provides new opportunities to confront the pandemic from a public health perspective as well as an economic one. So far, there are reasons to be optimistic, as several vaccines have been approved and, across the DC area, many people… Read More »
Should Your Business Go into Hibernation for the COVID-19 Winter?
Some businesses have hibernation (or estivation, as the case may be) built into their business model. The ice cream parlors and fudge shops in seaside towns virtually anywhere north of Ocean City are only open in the summer. Likewise, ski slopes are only open in the winter, as are glass-roofed hotels in Arctic regions… Read More »
