Taylor Legal Blog

What If I Never Issued Stock for my Company? [VIDEO]

Posted by Katherine L. Taylor, Attorney and CPANov 18, 20200 Comments

Let's say you're a business owner who started a corporation 10 years ago, along with another owner, and you're getting ready to sell. Fortunately, you’ve found a buyer, and you realize that you never issued stock. Is that a fatal flaw? Probably not, but it's going to take some work for you to be able to actually sell that stock to another party. I can help you do that.

Why Running a Race is Like Running a Business: Have a Plan

Posted by Katherine L. Taylor, Attorney and CPASep 10, 20200 Comments

I was in a hurry today because I didn't allow enough time between preparing for my race in October and getting this post ready. But in that process, I realized that I was making progress to achieving my goals, even if it didn't seem like it at the time. I have a plan to run a half-marathon in October, and that plan requires running a certain number of times a week. I had to do it today...

Haunted Houses

Posted by Katherine L. Taylor, Attorney and CPAOct 28, 20190 Comments

Happy Halloween, Howard County!I just finished carving my pumpkin, and, in the spirit of the season, I thought I would share with you a little legal horror story, which I first heard in law school.The case in question is Stambovsky v. Ackley, 169 A.D.2d 254 (NY App. Div. 1991). The facts of the c...

What is an S Corporation?

Posted by Katherine L. Taylor, Attorney and CPASep 02, 20190 Comments

             Exactly what is an S corporation and what types of businesses may be interested in being an S Corp?  First, it is very important to understand that an S Corp is a FEDERAL TAX STATUS of a corporation and not a type of entity. What does this mean? This means that when you form a corpor...

Historic Preservation Easements

Posted by Katherine L. Taylor, Attorney and CPAAug 05, 20190 Comments

A historic preservation easement is a type of conservation easement designed to protect a significant historic, archaeological, or cultural resource. An easement is an agreement between a property owner and another party which limits certain rights of the owner. Preservation easements entered int...

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