How To Reduce Risk With An Effective Exit Strategy
Every entrepreneur who starts a new business has good reason to hope that their new business will be successful, grow, and prosper beyond the foreseeable future. However, any savvy business person knows that 8 out of every 10 new businesses will and do fail. Among many other reasons, one of the biggest reasons new businesses […]
Can I Play Music on My Podcast?
Since the emergence of podcasts as an entertainment medium, the format has grown from obscurity to dominance in just a few short years. The podcast format gives just about anyone the ability to put out content in long form conversations, allowing audiences to enjoy their favorite topics for hours at a time. The huge success […]
How to Obtain Indie Film Financing
Do you know what the most profitable film of all time is? You might if you’re an independent filmmaker with an eye on the box office. It isn’t a superhero extravaganza or a Hollywood classic that is continually rereleased. No, it’s The Blair Witch Project. The reports vary on how much it cost to make, between $25,000 and […]
Forming and Protecting a Tax-Exempt Nonprofit Corporation
If you’re ready to start your own nonprofit corporation and do some good in the world, then the first thing you need to understand is that not all nonprofit corporations are tax-exempt. To claim tax-exempt status for your new corporation, you’ll need to meet certain requirements – on top of the requirements that all nonprofit […]
10 Essential Things You Must Do to Get Your Movie or Script Produced . . . and Seen
Everyone wants to be in the movies, either in front of or behind the camera. It’s a rough road to the silver screen, and only a few, strongly committed to their art, will get there. Yet for filmmakers, the routes have opened up as streaming and Video on Demand services offer new venues – and […]
The IRS Whistleblower Program & Cryptocurrency – The Feds Eye Bitcoin & Cryptocurrency
Did you know that the IRS will pay you to turn in tax evaders? While the IRS Whistleblower Program has been around for 150 years, the Tax Relief and Health Care Act of 2006 made whistleblowing a much more lucrative pursuit. In fact, you may receive up to 30 percent of the amount the IRS collects from the culprit. […]
7 Trademark Tips Every Podcaster Should Know
Podcasts are exceedingly popular. It’s an excellent way for people to consume all manner of information- and the medium provides much-needed relief from the sound-bite driven 24 hours news cycle which has devolved into a kind of nonstop “Reality TV.” Podcasts can be launched by just about anyone with even some basic computer equipment- and […]
Top 12 Reasons Why New Businesses Fail – Part 2
I realize this is a topic entrepreneurs would rather not talk about. But with a recent statistic showing that approximately one in every three new businesses fail within the first two years, it can no longer be ignored. As harsh as this might sound, businesses don’t fail by themselves. Instead, businesses usually fail on account […]
Top 12 Reasons Why New Businesses Fail – Part 1
I realize this is a topic entrepreneurs would rather not talk about. But with a recent statistic showing that approximately one in every three new businesses fail within the first two years, it can no longer be ignored. As harsh as this might sound, businesses don’t fail by themselves. Instead, businesses usually fail on account […]
District Court of Connecticut Expands Scope of Willfulness Requirement for FBAR Violations
A new U.S. District court case has zeroed in on the definition of “willful” for purposes of applying the more serious penalties for failure to file tan FBAR. In U.S. v. Garrity, 2018 U.S. Dist. LEXIS 56888 (D. Conn. 2018), the United States District Court of Connecticut dealt taxpayers with undisclosed foreign accounts a hard blow. […]