by Dave Duringer - Protective Law Corp | Jul 25, 2022 | Blog, Bloodline Protection, Business Succession, Buying or Selling a Closely Held Business, Estate Planning, Fortune, Venture Protection
In theory, a limited liability company (LLC) can last in perpetuity. However, the owners of an LLC should plan for the day when they are no longer there to run their business. This includes not only situations like retirement or career change, but also a decidedly...
by Dave Duringer - Protective Law Corp | Jul 22, 2022 | Blog, Buying or Selling a Closely Held Business, Fortune, Venture Protection
An equity purchase agreement, also known as a share purchase agreement or stock purchase agreement, is a contract that transfers shares of a company from a seller to a buyer. Equity purchases can be used to acquire a business in whole or in part. They are frequently...
by Dave Duringer - Protective Law Corp | Jul 21, 2022 | Blog, Income Tax, Limitation of Liability, Operation & Governance, Tax Planning
Tax day is one of the most important—and one of the most dreaded—days on the calendar for working Americans. If you have had a side gig or even transitioned to full-time self-employment, you may have to make estimated quarterly tax payments. Not everybody who earns...
by Dave Duringer - Protective Law Corp | Jul 20, 2022 | Blog, Income Tax, Tax Planning, Venture Protection
The war for talent is heating up. A record number of workers have quit their jobs this year, creating a massive problem for employers. While higher pay can help get new workers in the door of your business, wages alone may not be enough to keep them there. Employers...
by Dave Duringer - Protective Law Corp | Jul 19, 2022 | Blog, Limitation of Liability, Operation & Governance, Regulatory Compliance, Venture Protection
Exposure to lawsuits involving injury and loss claims is among the biggest risks that businesses face. Although liability waivers are most commonly used by businesses that offer inherently dangerous activities, such as ski resorts, amusement parks, and gyms, they can...
by Dave Duringer - Protective Law Corp | Jul 17, 2022 | Blog, Defensive Gun Use, Life, News & Commentary
Federal law unconstitutionally bans the sale of handguns to adults less than 21 years of age. Yet this 22-year-old hero, Elisjsha “Eli” Dicken, was alone able to take out a mall attacker armed with a rifle, who had already killed three and injured two....
by Dave Duringer - Protective Law Corp | Jul 15, 2022 | Blog, Estate Planning, Operation & Governance, Venture Protection
There are many expenses incurred in starting, running, and growing a business. Luckily for business owners, many of these expenses can be deducted. Knowing which expenses you can deduct helps to lower your tax burden and keep more money in your business. However,...
by Dave Duringer - Protective Law Corp | Jul 14, 2022 | Blog, Operation & Governance, Venture Protection
One significant advantage of organizing your business as a limited liability company (LLC) is the flexibility it affords. The Internal Revenue Service (IRS) allows LLC owners to choose how their business will be taxed. As an LLC owner, you can be taxed as a sole...
by Dave Duringer - Protective Law Corp | Jul 13, 2022 | Blog, Defensive Gun Use, Family Protection, Firearm Legacy, Firearm Training, GunLaw.Pro, Honor, Life, News & Commentary, Religious Faith, WorldExaminer.com
California just enacted AB 2571 to restrict the ability of gun owners to transmit gun culture to their kids. This blatantly unconstitutional act bans advertising that may attract minors to firearms and the penalties for violation are huge, up to $25,000 per...
by Dave Duringer - Protective Law Corp | Jul 13, 2022 | Blog, Fortune, Venture Protection
There are some activities we engage in outside of work strictly for personal reasons, with no thought of ever profiting from them. You might, for example, enjoy photography, hiking on the weekends, or collecting classic records. There is no monetary gain—and no...
by Dave Duringer - Protective Law Corp | Jul 12, 2022 | Blog, Fortune, Limitation of Liability, Operation & Governance, Regulatory Compliance, Venture Protection
Small business owners are accustomed to having grace under fire when it comes to running their business. But it is just as necessary that they demonstrate grace when firing an employee. Due to harsh economic conditions, some sectors of the American economy had to...
by Dave Duringer - Protective Law Corp | Jul 11, 2022 | Blog, Business Succession, Entity Formation, Fortune, Limitation of Liability, Operation & Governance, Venture Protection
Small business owners put their blood, sweat, and tears into ensuring the success of their company, which, though difficult to measure, are no less valuable than capital contributions. At the same time, if you are investing your time and energy into a limited...
by Dave Duringer - Protective Law Corp | Jun 30, 2022 | Blog, Family Protection, Firearm Legacy, GunLaw.Pro, Life, News & Commentary, WorldExaminer.com
The Supreme Court today (order list) issued “GVR’s” — granted certiorari, vacated judgment, and remanded to lower courts for reconsideration in light of NYSRPA v Bruen — in four cases that had upheld bans on open carry, magazines, and...
by Dave Duringer - Protective Law Corp | Jun 28, 2022 | Asset Protection, Blog, Bloodline Protection, Business Succession, Buying or Selling a Closely Held Business, Career Preparation, Estate Planning, Family Maintenance, Family Protection, Financial Mentorship, Fortune, Honor, Incapacity Planning, Operation & Governance, Venture Protection
Benjamin Franklin famously quipped, “If you fail to plan, you are planning to fail.” From the very beginning, you had a plan for your business to succeed. You set goals and developed methods to achieve those goals. Your business has stood the test of time because you...
by Dave Duringer - Protective Law Corp | Jun 28, 2022 | Blog, Defensive Gun Use, Estate Planning, Firearm Legacy, News & Commentary
If you have a California CCW, or if you have applied for one, then you were doxed yesterday and today by California Attorney General Rob Bonta and his merry band at DOJ. “Doxed” means a great deal of your personal, confidential information was released to...
by Dave Duringer - Protective Law Corp | Jun 27, 2022 | Blog, Defensive Gun Use, Estate Planning, Firearm Legacy, GunLaw.Pro, News & Commentary
Last Friday, one day after the Supreme Court’s landmark NYSRPA v Bruen decision (analyzed fully here), California’s Attorney General Rob Bonta rushed out a bizarre letter offering inept guidance to various state officials involved in issuing concealed...
by Dave Duringer - Protective Law Corp | Jun 27, 2022 | Blog, Estate Planning, Family Protection, News & Commentary, Religious Faith
In the case of Kennedy v Bremerton School District (slip opinion), SCOTUS today ruled in favor of a high school football coach who was terminated for kneeling and praying mid-game on school grounds, in violation of his First Amendment rights to free speech and to free...
by Dave Duringer - Protective Law Corp | Jun 27, 2022 | Blog, Defensive Gun Use, Estate Planning, Family Protection, Firearm Legacy, Firearm Training, Fortune, GunLaw.Pro, Honor, Life, News & Commentary, WorldExaminer.com
[UPDATE: I’ve revised post title as I’ve been persuaded that this opinion’s discussion of open carry was not dicta, rather it was necessary to the holding as open carry is indeed the core right. Concealed carry cannot be a substitute for the right,...
by Dave Duringer - Protective Law Corp | Jun 24, 2022 | Blog, Estate Planning, Family Protection, Fortune, Honor, Life, News & Commentary, Religious Faith
The Supreme Court of the United States, a few minutes ago, released its opinion in Dobbs v Jackson overturning both Roe v Wade and Planned Parenthood v Casey, thus returning the issue of abortion to the People and their elected representatives. The decision is either...
by Dave Duringer - Protective Law Corp | Jun 23, 2022 | Blog, Defensive Gun Use, Estate Planning, Family Protection, Firearm Legacy, Firearm Training, Fortune, GunLaw.Pro, Honor, Life, News & Commentary, WorldExaminer.com
In a blockbuster decision released minutes ago, the Supreme Court of the United States has held with a solid 6-3 majority in the case of New York State Rifle & Pistol Association, Inc. v. Bruen, that New York’s statutory restriction against bearing arms...