Taxes can be a complex and confusing topic for business owners. This is especially true in Mississippi, where the rules and regulations surrounding taxation vary significantly from other states. To help business owners better understand the tax laws in Mississippi, this blog post will provide a comprehensive guide to Mississippi tax law. First, we will...Read More
The world of business is constantly changing, and the year 2023 will be no different. With technology advancing at an ever-increasing rate, it’s important for entrepreneurs to stay ahead of the curve and be prepared to take advantage of new opportunities. Starting a business in 2023 will require a combination of hard work, creativity, and...Read More
Many business owners establish corporations to shield themselves from personal liability for business debts and protect their personal assets from creditors of the company. When established and maintained properly, a corporation is treated under the law as an independent entity, with many of the rights afforded to individuals. Such rights include the ability to own...Read More
Many employers require their employees to sign agreements which contain covenants not to compete with the company. The enforceability of these restrictive provisions varies from state-to-state and depends on a variety of factors. A former employee who violates an enforceable non-compete agreement may be ordered to cease competitive activity and pay damages to the former...Read More
The primary advantages of operating as a corporation are liability protection and potential tax savings. Like any important decision, choosing whether to incorporate involves weighing the pros and cons of the various business structures and should only be done after careful research. Once incorporated, the business becomes a separate legal entity, and assets of the...Read More
Which entity is best for your business depends on many factors, and the decision can have a significant impact on both profitability and asset protection afforded to its owners. Below is an overview of the most common business structures. Sole Proprietorship The sole proprietorship is the simplest and least regulated of all business structures. For...Read More
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