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.
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...
Be sure your cyber liability insurance policy covers all of your domain names
Many businesses have multiple domain names, make sure that you have disclosed all of them to your cyber liability insurance company to ensure you are fully insured. If you have...
Cyber liability insurance coverage is NOT really optional
In a recent AZBigMedia article, Mastercard was quoted as stating that 46% of small to medium-sized businesses have experienced a cyberattack. These attacks can be devastating to a business if...
HAPPY EARLY THANKSGIVING!!!
To all of my blog followers and their families, I am grateful to you. I hope you have at least a little restful, relaxing and peaceful time off. I will...
We shook hands on the deal, is that ok?
Uhhhh, no. I take that back. It is ok until you disagree and then it is definitely not ok as there is nothing in writing to support your position. Even...
THANK YOU TO ALL VETERANS AND THEIR FAMILIES!!!
I am grateful to all the men and women that have served to protect the freedom I enjoy. Whether in war time or peace time, military service requires dedication and...
Why do some businesses file tax returns and others don’t? How can I minimize my tax liability?
LLCs can elect how they want to be taxed. Electing a method of taxation is simple and it may be changed as your business grows. HOWEVER, choosing the right type...