On September 27, 2010, President Obama signed into law the Small Business Jobs Act of 2010 (the “Act”) which includes a number of tax breaks and incentives for businesses. The Act contains several tax initiatives designed to assist small businesses. The following is a brief overview of the most important tax-related changes in the Act.
Author: Matthew Kreutzer, Las Vegas Franchise Attorney
Mr. Kreutzer concentrates his practice in franchising, with an emphasis in transactional franchise law and franchise litigation.
He has spent more than 15 years working with individuals and companies on issues relating to the franchise relationship.
Experienced in all facets of franchise law, Mr. Kreutzer assists both start-up and mature franchisors with developing, protecting and licensing their franchise and distribution systems. As part of this practice, he counsels companies regarding the laws and regulations pertaining to franchising nationwide and assists them in creating their contracts, Franchise Disclosure Documents, and other critical operational documents. He also responds to state administrative inquires and investigations, and obtains exemptions and interpretive opinions from regulatory agencies.
With his background in franchise litigation, Mr. Kreutzer understands the risks inherent in the relationship and works with his clients to limit those risks so that those franchisors can focus on brand and system growth.
Mr. Kreutzer received his B.A., cum laude, from The American University in 1995 and his J.D. from The George Washington University Law School in 1998. He is a certified specialist in Franchise and Distribution Law by the California State Bar Board of Legal Specialization (the “Board”) and is a Commissioner on the Board’s Franchise and Distribution Law committee.
Mr. Kreutzer is a longstanding officer and member of the California Franchise Law Committee, and is a member of the American Bar Association Forum on Franchising.
Mr. Kreutzer is an AV® Peer-Review Rated attorney by Martindale Hubbell and was named a “Super Lawyer” 2013 - 2017 and a “Rising Star” in 2012 by Mountain States Super Lawyers. He was honored as a “Legal Eagle” by Franchise Times magazine 2013 - 2017, and as one of the “40 Under 40” by In Business Las Vegas in 2010.
He is licensed to practice in the States of Nevada, California and Maryland.
Author of the "Forward Franchising" blog, located at www.forwardfranchising.com
Update: House Approves Small Business Bill; Obama Expected To Sign Monday
Well, here’s some good news on the economic front: as expected, the House approved the small business bill I reported on last week. The measure passed by a vote of 237-187, with all but thirteen Democrats and one Republican supporting the bill.
Breaking News: Congress Approves Small Business Loan / Tax Package
Finally, after many months of waiting, the Senate today passed legislation that is designed to give some relief to small businesses.
U.S. Census Bureau Issues Report On Franchising
For the first time ever, the U.S. Census Bureau issued a report today on the nation’s franchised businesses. The report, entitled the Economic Census Franchise Report, found that franchise businesses account for 10.5 percent of all businesses operating in the U.S., and nearly 17 percent of the total amount of sales made in the country, with nearly $1.3 trillion dollars in sales annually.
Another Economic Stimulus Plan In The Works?
In what smacks of election year politics, the White House has proposed a series of tax breaks to help small businesses. But is it too little too late?
No Such Thing As A Free Meal? My Visit To Panera’s Not-For-Profit Store
Imagine that instead of charging set prices, your local restaurant simply asked you to pay what you feel your meal is worth. And how would your payment decision change if you knew that an overpayment would help those who are less fortunate?
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