Businesses in Central Texas and elsewhere seek to combine for widely varied reasons.
It’s a broad universe.
As any owner knows, a business can have a life of its own. The culture within each company has a personality and some people attribute family-like characteristics to their work environment and fellow workers.
Houston-based wireless provider, Infrastructure Networks, recently acquired YR20, another company based in Houston that offers various network connectivity and analytical services. Merging the two companies will allow its users to function and operate in remote parts of the U.S. while enjoying dependable and speedy data communication capabilities.
S-Corporations, under the right circumstances, can offer significant tax savings to a business entity. An eligible domestic business entity - usually a corporation or limited liability company - elects to be taxed under the S Chapter of the Internal Revenue Code by filing Form 2553 to the IRS.
Starting a business can be a tremendous thrill for the born entrepreneur - but it also presents some potential pitfalls that require new business owners to look before they leap. Here are some basic questions you'll want to consider as you're preparing this major undertaking.
A south Texas school district secretary attempted to file an age discrimination claim earlier this summer, claiming that she was fired due to her age. However, the replacement employee was actually older by four years than the secretary herself. The secretary was 48-years-old at the time of her firing.
Business acquisitions can be complex transactions. Whether you're buying a business or selling a business, it pays to have an experienced business attorney on your side. Here are some basic considerations we can help you with.