Firm News

There are a lot of reasons to start a business, and making money as an owner typically tops that list. But should you actually draw a salary from your business? I’m Neil Fridman with the Fridman Law Firm. Today, I want to walk you through your options to pay yourself...

Join us for our first podcast episode with Neil Fridman Esq., Managing Partner and Founder. Watch Neil talk about starting his first business with his grandmother to eventually starting his own law firm. His advice to entrepreneurs weighing the security of their 9-5...

So, people are always asking me: “Why did you start your own law firm? Why do you focus on startups? Why not focus on established, medium-sized enterprise clients?” And the answer is: I have done that already. I worked for two full-service law firms, working with...

Many companies in the United States seek to hire foreign workers. If these workers come to the United States, they usually need an H-1B visa. Use of this visa requires the employer to demonstrate that there are not enough qualified United States workers able, willing,...

Whether it’s attracting new employees to join your growing startup, or rewarding the employees who have stuck by your side, knowing what types of equity incentives you can provide can be a powerful way to grow and incentivize your team. There are many considerations...

The Tax Cuts and Jobs Act became law on December 22, 2017. The Act is best known for its revision of individual tax rates and brackets and for setting the federal income tax rate at a flat 21% for corporations. But the Act also allowed for the creation of Opportunity...

Every startup begins with an idea. The idea grows and changes. Eventually, clarity is achieved. At that point, unless the founders are independently wealthy, they must begin raising capital to turn their idea into a profitable business. This post outlines the stages...

The news often includes stories about data breaches, large and small. These breaches range from inadvertent releases of personal information by large companies, to information theft, to website hacks and more. The amount of personal information the Internet contains...

Section 409A of the Internal Revenue Code (IRC) applies when an employee earns compensation in one year, but the employer actually pays the compensation in a future year. Section 409A requirements apply when compensation is considered paid under a “nonqualified...

Ordinarily, if you buy an asset and its value appreciates, you must pay capital gains tax when you sell the asset. If you are in a low income tax bracket, no capital gains tax might be due. For most taxpayers, the federal capital gains tax rate is 15% and for some it...