Part A SOLE PROPRIETORSHIP: LIABILITY – Sole Proprietorship caries a large amount of liability because your personal credit can be affected if business fails. INCOME TAXES – As a sole proprietorship you only file one income tax for yourself and your business combined. LONGEVITY/CONTINUITY – A Sole proprietorship can grow as fast or as slow as the owner chooses. CONTROL – Sole proprietor has complete control over every aspect of the business. The sole proprietorship can grow at fast or
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Situation A Facts of Situation A as it pertains to the Family and Medical Leave Act of 1993 (FMLA). • Employee A has been employed for over 1 year • Employee A was on extended leave due to the birth of a child • Company X has more than 50 employees • New Manager agrees to return Employee A to previous job and pay‚ denying pay for time off The FMLA states that an employee can be on extended leave up to 12 weeks without pay as long as certain provisions are met. In reviewing the facts of this
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MEMORANDUM TO: Mark Smiley FROM: DATE: RE: Purchase recommendation for new scanners During the last tax season‚ our office experienced recurring problems with the paper scanners. The difficulty was not with an individual scanner‚ but included all of the scanners on different occasions. The scanners will not feed the documents correctly‚ resulting in torn documents and/or illegible text; and at various times will freeze and not function at all. As a result‚ this has increased our preparation
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MEMORANDUM TO: Dr. Green FROM: Kecia Carter DATE: November 28‚ 2010 RE: Tax Memo #1/Gambling Activities Issue #1 Dr. Green is a practicing physician in Chicago who‚ as an avid blackjack and slot machine player‚ travels to Las Vegas bi-weekly to gamble. He would like to know what criteria are used to determine whether his gambling activities constitute a trade or business for federal income tax purposes and whether or not you think his gambling activities qualify for trade or
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MEMORANDUM OF AGREEMENT This Memorandum of Agreement (herein referred to as “Agreement”) is made and entered into the City of Cabanatuan‚ Philippines by and between: Land Bank of the Philippines “Land Bank of the Philippines” with office address at 3/F Land Bank Building‚ Gabaldon St.‚ Cabanatuan City‚ Represented by its Department Manager II‚ Nueva Ecija Lending Center‚ Mr. Eduardo N. Reyes‚ Jr.‚ herein after referred to as Land Bank of the Philippines. -and- WESLEYAN UNIVERSITY – PHILIPPINES
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MEMORANDUM OF LAW To: Brenda Young‚ Supervising Attorney From: Steven Carp ‚ Legal Assistant Date: September 26‚ 2012 Re: Enforcement of non-competition agreement against Brett Young I.QUESTIONS PRESENTED Whether the restrictive covenant is enforceable against Brett Young for working with a competitor of Finance R Us. II. SHORT ANSWER: No‚ the covenant is not enforceable against Brett Young for leaving Finance R Us and working for Titles Unlimited when the III. STATEMENT
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MEMORANDUM TO: Senior Partner FROM: Paralegal RE: Natalie Attire DATE: July 3‚ 2013 QUESTION PRESENTED Did Natalie Attire act in a professional manner when she got the full length tattoo on her arm‚ and was she rightfully terminated from her job because of the incident? BRIEF ANSWER Ms. Attire had asked another waitress at the establishment‚ when she should have went straight to her supervisor (Ms. Biddy Baker) and asked about getting a tattoo that would take up the
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INTEROFFICE MEMORANDUM TO: CEO FROM: CIO SUBJECT: IT ORGANIZATION STRUCTURE DATE: 10/30/2010 This memo includes the high level organization design for the upcoming IT staff. MAJOR HEADING Due to the upcoming changes in the company to impose a new department for IT staff. I have depicted the high level structure of this department‚ and why I believe this structure is important and will benefit the company. With the tight budget restraints to employ six IT employees‚ including myself; I have
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PHOENIX ADVERTISING Interoffice Memorandum DATE: March 26‚ 2015 TO: Executive Team FROM: Gail Plaisimond SUBJECT: Call for action in the Roanoke Branch In the last month‚ the Roanoke office received complaints from four of its most valued clients about the advertising work produced at that branch. I was told that two of the top management personnel‚ an art director and an account executive‚ have left the agency with no replacement for these vacancies. Furthermore‚ the branch is accepting new
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Introduction to the Electronic Medical Record (EMR) Introduction to the Electronic Medical Record (EMR) Gary L Williams Western Governors University Introduction to the Electronic Medical Record (EMR) The new millennium has produced many changes in the world as we know it. Our national security which seemed to be impermeable has revealed its vulnerability to being breached. Remember September 11‚ 2001 when the hi-jacking of planes lead to the destruction of the Twin Towers in New
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