by Jason M. Gordon | Feb 23, 2025 | Agency Law
What are the Types of Agent in Georgia? The principal will lay out the scope of the agency, including the responsibilities and limitations of the agent. Agents generally fall into two categories: Limited Agent – A limited agent has a special purpose and limited...
by Jason M. Gordon | Feb 23, 2025 | Business Entities, Corporate Governance & Ownership
What are the requirements to qualify as an S corporation? To qualify for S-Corporation status, the business must be a corporation and meet the following requirements: Geography – Organized in the United States. Citizenship – All shareholders must be US...
by Jason M. Gordon | Feb 23, 2025 | Business Entities, Corporate Governance & Ownership
Self-Employment and Payroll Taxes Employers and employees who receive any form of compensation as part of their employment are generally subject to payroll taxes. Payroll taxes were authorized under the Federal Insurance Contribution Act (FICA) and are made up of...
by Jason M. Gordon | Feb 23, 2025 | Business Entities, Corporate Governance & Ownership
What are the maintenance requirements for a business entity? Maintenance of a business entity is summarized as the administrative steps associated with starting and carrying on business as a given entity form. It entails the process of filing documents, holding...
by Jason M. Gordon | Feb 23, 2025 | Agency Law
When is Employer Liable for Torts of Emplooyee in Georgia? An individual is always liable for her own conduct. Whenever an individual is held liable for the actions of another, this is known as vicarious liability. In the context of agency, the agent is acting...