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Intellectual Property

QUIZ on TRADEMARKS

The answer is B. Sounds can be registered as trademarks in the United States. For example, the familiar three-tone chime of the National Broadcasting Corporation (NBC) has been registered. Other well-known sound trademarks include the lion’s roar of MGM, the Harlem Globetrotter’s theme song, “Sweet Georgia Brown,” and the spoken words AT&T accompanied by music. However, […]
Employment Law

The Aging Workforce: DOs and DON’Ts to Avoid Discrimination

The changing demographics in the United States and the desire of some Baby Boomers to work longer than earlier generations has led to more older employees in the workforce. That has led to thousands of claims of age discrimination being filed against employers with the EEOC. Consider that in fiscal year 2019, the EEOC received […]
Timely Opportunities

8 Compelling Reasons to Outsource Your Accounting Functions

Is your company struggling to tackle all its accounting needs? Companies that have lost a CFO, outgrown their bookkeeper, changed their offerings or experienced high growth can have a hard time finding the right accounting expertise — at the right price — in today’s tight labor market. Outsourcing is a possible solution. Here are eight […]
Timely Opportunities

Medicare Coverage: 2023 Premiums and Key Tax Considerations

Medicare health insurance premiums can add up — especially if you’re upper-income, married, and both you and your spouse pay premiums. Here are the basics of how Medicare health insurance works, including 2023 premium amounts and when you can deduct Medicare health insurance premiums on your tax return. Important: If you have a health savings […]
Business Fraud Prevention

The Importance of Segregating Duties

Small and medium-sized companies are particularly prone to employee theft because they typically don’t have the staff available to assign more than one employee to processes to help ensure that fraud doesn’t take place. Assigning more than one employee to certain tasks, also known as segregating duties, is one of the primary tactics that companies […]
Commercial Law

A Checklist for Product Recalls

“Consumers no longer view product recalls in a negative light. Millions of products have been recalled… How well a company conducts a timely, reasonable recall of a product can have a strong influence on consumers’ attitude about the firm. Successful product recalls in the past have rewarded companies with continuing consumer support and demand for […]
Timely Opportunities

Government Proposes Public Beneficial Ownership Register

As a part of its election platform promise, the government has released a consultation paper seeking views to implement a public register of beneficial ownership information to record who ultimately owns, controls, and receives benefits from a company or legal vehicle operating in Australia. The ultimate aim of this is to increase transparency, discourage the […]
Estates

When a Will Is Challenged

When a will is contested, it usually means that one or more family members feel they have been unfairly cut out or shortchanged. The process varies from state to state and it must be done within certain time limits or the opportunity is lost. Court Upheld Will that Cut Out Relatives A Rhode Island court […]
Business Law

How Escheat Laws Might Affect Your Business

Escheatment is one of those legal terms you may not know much about. But be it could cost your corporation substantial interest, fines or penalties. The word means turning over to your state any abandoned, lost or unclaimed property, both tangible and intangible. This property is often transferred to the government because a person died […]
Timely Opportunities

How to Swap Your Highly Appreciated Vacation Home Tax-Free

If you own a highly appreciated vacation home that you’re ready to unload, the sale will generate a large gain — and a sizable tax bill. However, if you’re still bullish on real estate and don’t need cash right away, there’s a way to minimize the tax hit. Instead of selling the property outright, you […]