As your small business grows, you may enter new markets, including expanding your company internationally. If you do expand into international markets, you may look to hire independent contractors in a foreign country. When hiring an independent contractor in another country, it is important to understand some of the key considerations before you move forward with the relationship. Today’s post highlights a few key considerations when hiring an independent contractor abroad.

Know the Rules

Before you enter into any new market, you should become familiar with the regulations that will impact your business. When it comes to hiring an independent contractor, you should become familiar with the various employment and tax regulations that will be triggered by your new hire. Different countries…

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If you’ve done any searching online, you’ve probably read that limited liability company (LLC) entity offers flexibility when organizing the management and economic structure of the company. And because of this flexibility, the LLC quickly became the most popular entity to form in order to shield personal assets from business liabilities. One of the areas where LLCs offer flexibility is how to structure payments to owners of the business. Today’s post discusses the fact that owners of an LLC can only be considered “employees” if the LLC elects to be taxed as a corporation.

Can LLC Members be Paid as Employees?

Members (owners) of an LLC cannot be considered “employees” of the business unless the LLC elects to be taxed as a…

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Washington state continues its effort to be one of the more corporate-friendly states by passing a bill that streamlines the process of converting one business entity to another. Senate Bill 5999, which was signed into law by Governor Inslee on March 27, 2014, amends Washington’s Limited Liability Company Act and the Business Corporation Act to allow conversions of Washington LLCs, corporations, and limited partnerships. What’s more is that the bill also allows entites formed in another state (“foreign entities”) to convert into Washington LLCs and corporations.

The bill is set to be incorporated in the Revised Code of Washington in early July 2014. Stay tuned for the updated RCWs!

Why Would You Convert Your Business Entity?

Depending on your type of business and…

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A few recent high profile trademark disputes making the news have brought to light again the importance of protecting your business’ trademarks and other IP. Specifically, these stories highlight the need to register your trademarks and draft carefully negotiated terms in any licensing agreements your business enters into.

Tully’s May Lose Right to Use of “Tully’s”

The Seattle Times reported that Keurig Green Mountain has sued Global Baristas, the Seattle investor group that bought Tully’s and saved it from bankruptcy, to prevent Tully’s from using the trademark “Tully’s” in its name. Keurig is arguing that Global Baristas has violated its licensing agreements by selling coffee from another local firm (Dillanos) without Keurig’s permission. Keurig claims that Tully’s owes Keurig $469,000.

In a statement last month,…

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