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Mockensturm, Ltd. Legal Blog

Things to watch out for in e-commerce efforts

E-commerce has come to be an important revenue stream for a wide range of companies. Many things can affect what impacts a company’s e-commerce operations end up having on the company’s overall financial state. One is how the business conducts such operations. Certain...

Delinquent payroll taxes mean tough penalties

Each week, your employees fill out time sheets, punch the clock or log in to record the hours they work. You or someone you hired keeps track of those hours, calculates the pay for each employee and issues a weekly check or deposit for the total amount, minus payroll...

Special tax considerations for flipping houses

In today’s world, there are a lot of ways out there for trying to make some extra money. One of these is flipping houses. This involves a person buying a fixer-up house, performing repair and renovation work on it and then trying to sell it for a profit. There are...

The benefits of having a business partner

From the time you were a child, you have learned the value of teamwork. Teachers may have paired you up for projects, and coaches taught you to work together for a victory. Later, you discovered that sharing the burden of a task made the work go faster, more...

Ohio near the middle for startup friendliness

There are various things it can be crucial for a person to be aware of when starting a business. Among these are what legal matters they need to address related to starting their company. Letting important startup legal matters slip through the cracks could not only...

What is the gift tax?

There are certain federal taxes beyond income taxes that a person could potentially be exposed to. One of these is the gift tax. The federal gift tax is a tax on qualifying gifts a person gives to another above a certain amount in a given year. The tax is on the...

Report: Venture capital funding up in Ohio

There are various specifics about the geographic area a business is starting up in that can have significant implications for the company during the startup process. One is what business-related laws are present in the area. Such laws can impact what compliance issues...