What is the IRS penalty for filing late?

The Internal Revenue Service (IRS) treats each late filer individually and calculates penalties and interest on a case-by-case basis. Once the IRS receives or accepts your tax return, they will calculate the IRS penalty (plus possible interest) and then send you a separate bill. For this reason, it is not possible to calculate late-filing penalties…

Five Things You Need To Know About Protecting Your Intellectual Property

With the ever-increasing ease in which information can spread, it is becoming harder to secure your intellectual property (IP) or product ideas and ensure they are not unfairly recreated or produced by someone else. Whether you are a small start-up or a multinational organization, taking steps to protect your intellectual property should be a priority…

What You Need To Know When Importing Goods From Overseas

Importing goods from overseas is a lot more complex than picking up the phone, placing your order and waiting for the goods to arrive. There are a lot of factors to consider before you place your first import order. Importing goods from overseas can be risky business. There can be a number of legal issues when…