Ways to Protect Your Intellectual Property

January 13, 2010

Often the hardest part of figuring out how to protect an idea is in determining the most appropriate type of protection. This process is further complicated by the fact that ideas, as such, aren’t really protected. Instead, what you can protect is the expression of an idea in the form of a product, a book [...]

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The Validity of Electronic Contracts

January 10, 2010

Over the past decade, the Internet and the web have made new breeds of electronic agreements necessary. E-mail and the web have exploded as means of personal and business communication. Think about it – when was the last time you wrote a letter to someone (besides a Christmas or birthday card)? In business, e-mail and [...]

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Free TurboTax Business Edition Software

January 5, 2010

For a limited time, Intuit is offering TurboTax Business as a free download. The regular price is $109.95. The software can be used by corporations, partnerships and multi-member LLCs to prepare their 2009 tax returns (sorry sole proprietors).
TurboTax Business comes with a free federal e-file option, but you will be required to file a [...]

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Tip 30: Take Action!

December 31, 2009

Welcome the last day of 2009 and the final tip in this series. If you’ve been following along with the 30 Tips in 30 Days series, that means you’ve organized your paperwork, reviewed legal documents, crunched numbers, updated intellectual property information, cut costs and figured out ways to increase your bottom-line revenue. You’ve done all [...]

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Tip 29: Tax Benefits of Purchasing Assets

December 30, 2009

Enhanced Section 179 Deductions
You don’t need to learn the Internal Revenue Code by section number, but one section you should know is Section 179. This provision allows a small business owner to deduct a significant amount of asset purchases as if they were operating expenses. This produces an immediate write-off for long-term assets, instead of [...]

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