Over on the Iowa Law Blog . . . a helpful pointer on how to avoid the business divorce.
Year-End Tax Planning Ideas for Your Business
Iowa accountant Joe Kristan of Roth and Company shares some year-end tax planning ideas over on IowaBiz.com.
It’s a good idea to visit your accountant now (if you haven’t already) to determine if there is anything you can do to improve your position come April.
Guest Blogger: Mike Colwell of BIZ on Business Mentoring – Lessons Learned!
Looking back on the first year of work at the Business Innovation Zone (BIZ), I have met with over 60 potential clients ranging across a wide variety of business areas. I have learned much on this path. First and foremost, I have learned to never prejudge an idea. I must say that some of the
LLCs Are Not Always Better Than S Corps
I have seen many articles on the Internet which state that you absolutely need to form a limited liability company (LLC) if you are a small business owner. The S corporation, once the darling of small business entities, must now feel like the red-headed step child.
But as New York attorney Derek Underwood points out
Don’t Lose That Deduction for Business Expenses
On IowaBIz.com, West Des Moines accountant Joe Kristan shares a story about what happens when you try to take personal deductions for corporate expenses.
The moral of Joe’s story:
If you incorporate your business, run it like a business. The corporation pays the corporation’s bills, or your deduction vanishes.
Great advice indeed!
Single Member LLCs Allowed in Iowa
For some reason I am not having any success at getting people to comment on a couple of issues: here and here.
But I am receiving a number of requests recently for information on specific subjects. It’s actually fun and gratifying to receive email from readers who say they have been following the blog and
Sullivan & Ward’s Iowa Law Blog Goes Live
It took us awhile but Sullivan & Ward’s Iowa Law Blog is now live. It was designed with the able assistance of LexBlog. (The same company that designed and maintains this blog).
While Rush on Business tends to focus only on issues impacting Iowa businesses, we are taking a broader approach with the Iowa
Where Should You Incorporate Your Iowa Small Business?
Where should you incorporate your Iowa small business? This question is asked a lot by 
many prospective small business owners. The question used to be surprising but after seeing and hearing numerous advertisements for Delaware and Nevada corporations on the Internet and on satellite radio it is definitely a legitimate question.
Delaware has reputation and
Small Business Trends: Blawg Review #126
I encourage you to check out Blawg Review #126 written by Anita Campbell of Small Business Trends. Anita is a lawyer by training but an entrepreneur at heart. Her award winning Web site was the "Best of the Web" according to Forbes Magazine for small business blogs.
The lineup of small business experts on Anita’s
Learn From the Hawkeyes About Hiring a Business Lawyer
I have written about how to hire a business lawyer at times in the past. My first rule is that the lawyer should be experienced and competent in business law rather than choosing a personal injury, family law, criminal law or other lawyer. My analogy used to be that you would not want a plastic