Blog for Maine Businesses

Maine Business Law INSIGHTS
Disclaimer: These estate planning blog posts are for general information only. Reading these articles does not establish an attorney-client relationship. Before acting on any of the information presented in this website, you should consult a competent attorney who is licensed to practice law in your community.

Remote Employee’s Time

Employers may be required to pay nonexempt employees for work completed at home, even if the work was completed without the employers’ knowledge. Here’s why you should track remote employee’s time.

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Trademark Infringement

Most elements of business branding—name, logo, design—are readily available online, making it easier for people to knowingly or unknowingly use the intellectual property of others. As a business owner, you must prioritize both protecting your own trademarks and avoiding infringement of others’ marks.

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What Is an S Corporation and Should I Form One?

Contrary to popular belief, the S corporation is not a distinct entity type. According to the Internal Revenue Service (IRS), an S corporation is a corporation that has elected treatment as a pass-through entity for federal income tax purposes under Subchapter S of the Internal Revenue Code.

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Understanding How LLC Members Pay Taxes

Limited liability companies (LLCs) are one of the most popular types of business entities. The LLC’s flexible taxation options are one reason it is preferred; LLC members can, for the most part, choose how they would like to be taxed. The LLC enjoys this flexibility because the Internal Revenue Service (IRS) does not recognize it as a distinct entity for federal tax purposes

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Filing Business Taxes in Maine

For most entrepreneurs, handling business taxes is a daunting but necessary task. The complexities of tax preparation often lead business owners to procrastinate or neglect proper record keeping and tax deadlines.

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