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Business Law

RNN LAW > Business Law (Page 2)

Five Important Terms of a Commercial Lease Agreement

Commercial lease agreements can be one of the most important documents for your business. For many businesses, it is the highest non-payroll expense. A business owner needs to make sure that he/she understands the lease and the impact of its terms. It is always a good idea to hire a real estate attorney to review the commercial lease agreement, but you also need an independent understanding of some basic ideas. 1.         Types of leases – There are two primary types of leases and a lot of variation of how they are applied. The first primary type of lease is called a...

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Texas Company Franchise Tax Reports Due May 15, 2013

This is a friendly reminder that Texas franchise tax reports are due on May 15, 2013. The No Tax Due threshold is $1,030,000 of annualized revenue. If a company fails to file by May 15, 2013 (even if no tax is due), then it will be assessed penalties. Be sure to visit your business attorney or CPA if you need assistance. A link to the forms and instructions is here. Be sure to file on time!...

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