Commercial litigation is a broad term that describes virtually every type of dispute that may arise in a business context. Common examples of commercial litigation include breach of contract, partnership disputes, class actions, and shareholder issues. Legal services for business are usually required in all these cases.
Aside from commercial litigation, other important legal services for business include contract/agreement reviews, tax advice, and form fulfillment and filing.
Why You Need Legal Services For Business
Once you’ve established a business, you likely won’t need commercial litigation unless you run into trouble with co-owners, members, or shareholders. However, other legal services for business can be very handy.
Annual forms and filings can be taxing on business owners with too much on their plate. Legal services can help reduce that burden and keep things in order for when it comes time to file tax returns.
For example, you may choose to have a third party apply for an EIN online on behalf of your business, or you may choose to have a third party complete and submit articles of organization if your choose to establish an LLC.
Important Forms and Filings
An Employer Identification Number, or EIN for short, is a nine-digit tax ID number used by the Internal Revenue Service (IRS) to track tax obligations of various legal entities.
You will need to obtain an EIN for you business if you plan to hire employees, if you operate a corporation, or if you wish to open a bank account in the name of the business.
The easiest way to apply for an EIN online is to work with a third party service provider. Online applications can be complicated if you choose to work alone.
You can apply for an EIN online and start using it tomorrow to complete several essential business tasks. Don’t wait to obtain this important tax ID.