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Should I File an Intent to Use Trademark Application?

As mentioned in our Trademarks Part 2 blog, the US Patent and Trademark Office has two general types of domestic trademark applications. These are the 1(a) and 1(b) applications. A 1(b) trademark application is an Intent to Use (ITU) application. This means that you have not yet started using the proposed mark in commerce, but you have […]

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Ripped Contract- Tortious Interference

What is Tortious Interference with a Contract

Tortious Interference with a Contract is one of those causes of action that sounds scarier than it really is. In its simplest terms, tortious interference occurs when you encourage someone to break the contract they have with someone else. As this is law, there are also exceptions to that rule. A simple example is when […]


Difference Between DBA and LLC

I’ve received this question many times: What is the difference between filing a “Doing Business As” (DBA) and filing for an LLC besides the fact that the DBA is cheaper? Long story short: Everything, but let’s start by examining what these two things are. DBA You may have heard DBAs referred to as a “Doing Business […]

Q&A: Difference Between DBA and LLC

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Acquisitions – Things to Look For

So, you’re buying a business? Congratulations! That’s a huge undertaking that will give you an incredible amount of excitement. By this point, I have to presume you’ve already figured out what you want to be doing and you’ve picked out a company you’re going to buy. If not, this article about acquisitions will still help, […]


Sale of Business Non-Compete

In the realm of non-compete agreements, the standard for the sale of business non-compete agreements are the most lenient. These restrictive covenants that coincide with a company sale agreement or asset purchase agreement are considered to be the ones that require the least protection, and as such, the courts treat them that way.   What […]

Office building with sale sign

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Difference – Nonstatutory and Statutory Stock Options

Earlier, we talked about stock options. Now, we’re going to delve deeper into Nonstatutory (Nonqualified) and Statutory Stock Options. The differences between the two are fairly clear, and generally the statutory stock options are preferred for beneficial tax treatment, if the options qualify.   Statutory Stock Options Unless they qualify as statutory stock options, also […]


IRS Conflict of Interest Policy

If you’re applying for a tax exempt recognition through the Internal Revenue Service (IRS) such as a 501(c)(3) or similar type of recognition, you will be required to include a conflict of interest policy in your governing documents. Fortunately, the IRS has provided significant guidance on what needs to be included, as well as providing a […]

IRS Logo Conflict of Interest