Business Law

Q&A: Antitrust Laws for Small Businesses

by Arden Olson Q: Do “antitrust” laws apply to small businesses? A: Yes. Although laws regulating trade may seem to regulate large corporations, even small businesses can violate them. The Sherman Act prohibits not only “monopolizing” large markets, but agreements...

Closely-Held Business Alert: Potential Scam re: Annual Reporting

ALERT: POTENTIAL SCAM Annual Reporting Notification by the Corporate Regulatory Committee The Oregon Secretary of State recently published a notice that it has received numerous complaints of a potential scam aimed at Oregon business owners by a company operating under...

Q&A: What Should I Do With My Business if I Plan to Retire in Next 10 Years?

by Randy Duncan Q: I am a business owner who plans to retire/sell my business in 5-10 years. Is there anything I should be doing now? A: It’s never too early to work with your attorney on succession planning and...

Q&A: Business Entity Formation

by Andrea Coit Q:  I am opening a BBQ joint. What type of business entity should I form?  A:  Consider a sole-proprietorship, a limited liability company or an S-Corporation. A sole-proprietorship allows the greatest freedom and ease of creation. It...

Closely-Held Business E-News: Independent Contractor or Employee? The IRS Offers Voluntary Settlement Program for Misclassified Workers

Independent Contractor or Employee? The IRS Offers Voluntary Settlement Program for Misclassified Workers The Internal Revenue Service recently announced a voluntary federal tax settlement program for employers with misclassified workers. Employee misclassification exists when an employer improperly treats a worker...

Q&A: Commercial Real Estate

by John T. Witherspoon Q: How are commercial real estate transactions financed in this economy? A: There are interesting—though sophisticated—options for the savvy investor in this economy. Specifically, loan assumptions and seller-financing arrangements have become increasingly attractive. In response, purchasers—often...

Q&A: Business and Tax Structures for International Corporations

by John T. Witherspoon Q: My business sells overseas. What business and tax planning structures can benefit my business? A: An Interest Charge Domestic International Sales Corporation (commonly called an “IC-DISC”) structure permits some export companies to pay federal tax...

Q&A: Compliance With Building Codes

by Jeffery J. Matthews Q: I inherited an office building that may not be up to code. How do I find out if it is code compliant and what should I do if it isn’t? A: First, search for records...

Q&A: Internet Marketing

by John Rake Q: What legal issues should I be concerned about when marketing my goods/services over the internet? A: Creating a web presence involves several trademark and copyright issues. Before deciding on a web address, you should brainstorm a...

Q&A: Equipment Leases

by Marjorie Elken Q: What should I look out for when entering into an equipment lease? A: You should read and understand all of the terms of any lease before signing; however the following terms deserve extra scrutiny: Lease Term:...