5 ELEMENTS TO INCLUDE IN YOUR PARTNERSHIP AGREEMENTS

5 ELEMENTS TO INCLUDE IN YOUR PARTNERSHIP AGREEMENTS Your partnership agreement is one of the most important business documents you will ever sign. There are many instances where people have gone into business with friends or loved ones without a particular contract, only to find that a partnership agreement should have been in order. A partnership agreement outlines the expectations of everyone involved and can Read More

3 THINGS YOU CAN DO TO REDUCE YOUR CHANCES OF AN IRS AUDIT

3 THINGS YOU CAN DO TO REDUCE YOUR CHANCES OF AN IRS AUDIT There has been a common trend in the financial sector where individual bank accounts, assets, and also houses are being taken by IRS. This is done to compensate for tax arrears after an audit. The good news is that there are certain things you can do to prevent an IRS audit. Read on to find out what they are. 1. Keep Up with Your Accounts One of the best Read More

A BRIEF OVERVIEW OF TORTS

A BRIEF OVERVIEW OF TORTS When a person causes damage to your health, property, or well-being, you can seek compensation through a personal injury attorney in a tort lawsuit. A tort is basically a civil wrongdoing by one party against another. As they are a civil action between private parties, there is no fine or incarceration when dealing with torts. Here is a brief overview of the different types of Read More

READY TO START A BUSINESS? UNDERSTAND YOUR OPTIONS!

READY TO START A BUSINESS? UNDERSTAND YOUR OPTIONS! If you’re thinking of starting a business in Alabama, you should be aware of the different legal entities available. Whether you choose to start a C Corporation or remain a sole proprietorship, you need to understand that each entity has various advantages and disadvantages at tax time. In this article, we will walk you through your legal options and explain each Read More

UNDERSTANDING EMPLOYMENT DISCRIMINATION

UNDERSTANDING EMPLOYMENT DISCRIMINATION Understanding Employment Discrimination Federal law prohibits employment discrimination based on color, race, legal alienage, national origin, pregnancy, sex, age, religion, union activity, or disability. In Alabama, state laws protect employees on these same grounds but provide little in the way of extra protections against discrimination. Laws against employment Read More

THE IMPORTANCE OF ESTATE PLANNING AND WHY YOU NEED MORE THAN A WILL

THE IMPORTANCE OF ESTATE PLANNING AND WHY YOU NEED MORE THAN A WILL A common misconception is that having a will is enough to ensure your wishes are met after your death. The reality is that a will won’t help you with the more complex scenarios that life can throw your way. This is where estate planning comes into play. Estate planning is a more complete version of creating a will and provides you and your Read More

STARTING AN LLC? HERE’S WHAT YOU SHOULD KNOW

STARTING AN LLC? HERE’S WHAT YOU SHOULD KNOW If you have big plans to start your own business, it’s always a good idea to form your own Limited Liability Company, also known as an LLC. Forming an LLC is the simplest way to structure your business to protect your personal assets in the case that your company is sued. At The Law Office of Tankia L. Finney in Montgomery, we understand how challenging and Read More

THE TOP 4 REASONS YOU SHOULD SEE A TAX ATTORNEY

THE TOP 4 REASONS YOU SHOULD SEE A TAX ATTORNEY While many people and small businesses in Alabama make it a point to avoid the the Internal Revenue Service (the IRS), some people end up facing a slew of IRS penalties. IRS tax matters can be a very sensitive issue, and a slight mistake in your tax preparation process can cost you an incredible amount of time and money, not to mention it could put you in jail. Read More

WHAT IS CIVIL LITIGATION?

WHAT IS CIVIL LITIGATION?   If you’re brand new to legal terms, you may be wondering what civil litigation is. Civil litigation is a legal dispute between two or more parties that seek money damages or specific performances rather than criminal sanctions. Lawyers who specialize in this type of law are also known as litigators or trial lawyers. These attorneys can represent a variety of clients across a broad Read More