Lisa and the Law
Welcome to Lisa and the Law, the official blog of Thompson Law Group. Information is power and here is where you get some. We understand that running a business can be overwhelming so we will provide timely insights on business law matters and practical advice for business owners. Stay tuned for updates on the law, news you can use, and actionable advice from an experienced business law attorney.
Courage and perseverance are key for business owners
As Tucson gets ready for the rodeo this weekend, I thought I would share a quote by John Wayne, “Courage is being scared to death and saddling up anyway.” Lisa...
Reflections on George Washington’s Birthday
One of my favorite quotes from George Washington is: “It is much easier at all times to prevent an evil than to rectify mistakes” (as quoted in Forbes – 2/16/15)....
Follow the advice of your professional team
This is a true story. An LLC was formed by 2 owners (members). One member held a 96% membership interest and the other held a 4% interest. The majority member...
Qualified Tax Professional vs. Qualified Business Law Attorney
It is tax time and if you have elected to have your business taxed as an S-Corporation (S-corp – taxed using the regulations of Subchapter S of the Internal Revenue...
Why do you say “QUALIFIED” professional?
It is not enough to contact an attorney or contact a CPA. You need to find a professional with experience working with businesses (preferably in your industry). Tax advice for...
Failure to have a qualified professional team for your business
If you have never spoken with a qualified business law attorney or a qualified tax professional, you may be sitting on a ticking time bomb. Many business owners think that...
Reflections on Martin Luther King, Jr. Day
I am an admirer of Martin Luther King, Jr. and inspired by his unwavering focus and perseverance. On this day, I share with you a quote from his April 10,...
First bite of the elephant, check in or create a professional team for your business
Every year you (the business owner) should check in with your professional team. You don’t need to have a meeting with everyone in January and many times later in the...
New Year Business Resolutions – How do you eat an elephant?
If you are like me, every year I have a grand plan for my business and how I will do things differently. What I have found is that the “grand”...
HAPPY HOLIDAYS AND A HAPPY NEW YEAR!!!
To all of my blog followers and their families, wishing you a wonderful holiday season. In honor of this season, we are taking a break until the new year. We...