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There are many different business forms. In some types of transactions the course of dealing within the industry shows preference to different forms of business. For instance, if you're in the oil and gas industry, you will want to be using limited partnerships, as that is they structure their investments. Different industries, bring different issues when doing business, so you will want to chose the best incorporation form that suits how you plan to do business.Read More...
In order to obtain a 501 c 3 status, certain IRS filings are required. There are two types of application forms for the recognition of tax-exempt status, Form 1023 and 1023ez. Additionally, the IRS requires filing the Employer Identification Number, Form SS-4. Depending on what you plan to do you may also have additional filings, such as the election to use lobbying expenditures test (Form 5768) and the power of attorney (Form 2848).Read More...
In general, state regulation for e-commerce comes from the state's commercial laws. Each state has its own long-arm statute, which grants jurisdiction, if certain requirements are met. The “Full Faith and Credit Clause” allows a state to accept and enforce another state court's decisions.Learn More...
Step 1, The Submission
An applicant submits the label application with complete, legible copies of labels to the Alcohol and Tobacco Tax and Trade Bureau (TTB), via Certificate of Label Approval's (COLA) online site, or in paper. According to the TTB, a “label” is any label affixed to the bottle. This can include front and back labels, neck labels, foils (capsules), emblems, etc. If the label is blown, embossed, or carved into the bottle, a full description must be noted on the application.Learn More...
The U.S. Federal Government, by way of the Alcohol and Tobacco Tax and Trade Bureau (TTB), reviews and approves, or rejects, every singe wine, beer, or spirit label that appears on a bottle sold in interstate commerce. This means, a label application is required to be submitted to, and approved by, the TTB prior to the product's sale at market.Learn More...
A 501 c3 organization, unless it is a church, must prepare an application and request exemption directly from the IRS. Once exemption status is approved by the IRS, an organization's related income is exempt from federal corporate income tax. Also, contributions to the organization are tax-deductible to the donor, to the extent permitted by law. Learn More...
The Federal Trade Commission Act is codified under 15 U.S.C. 41-58, and regulated all types of marketing and advertising. The established duties of the FTC are to prevent unfair competition and practices, create remedies for consumers, and conduct investigations. The FTC creates guidelines for both online and offline businesses.Learn More...
SCOTUS' position on 2nd vs 4th Amendment caselaw is important, with the death of Justice Scalia, and the possibility that the next president may appoint as many as 4 U.S. Supreme Court Justices. The relatively newness of interpreting what the 2nd Amendment means, started in 2008 and said it's an individual right, referencing the District of Columbia v. Heller, 554 U.S. 2008.Read More...
Expungement wipes out the conviction, whereas restoration of rights keeps the conviction yet restores your gun rights. Expungement statutes have not been recognized by the ATF to restore gun rights. Now the developing position seems to be that AFT recognizes state expungement statutes, if there's a separate domestic violence restoration provision, or a separate domestic violence expungement provision. ATF is giving more leeway to expungement statutes. Read More...
