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March 2014 Archives

The choice to make an S corporation election

Tax considerations play an important part for any Texas business owner.  This sometimes is the motive for why such owners will decide to incorporate.  If a form of entity is not created tax expenses and income will generally end up on one's Schedule C form concerning their personal tax returns.  Filing a Schedule C is a common red flag for IRS agents that may result in an audit.

When a parent wishes to move away with the child after a divorce

Perhaps the most difficult cases for family law judges to hear are those that concern plans of one parent moving away with the children. The plans of the parent to move away with the children will especially complicate circumstances for the non-custodial parent. These parents may find it much more difficult to participate with the children on a daily basis.

Startup companies can experience rapid expansion

One Dallas-based startup named OrderMyGear has raised $500,000 in funding while also naming an advisor and new CEO.  The company provides sporting goods dealers a platform to manage online stores.  While serving more than 120 sporting goods distributors it has raised revenue to around $1 million.

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