The Landscape of Business Law
The small businesses of Texas employ around 4.4 million employees across the state, which totals to just under half of the total workforce. Back in 2015, Texas ranked first among all of the states for friendliest businesses to work for. In a 2017 listing by taxfoundation.org, Texas was also listed as the 14th best state for an overall business tax climate. This ranking was based upon an aggregate score of the state’s corporate tax, individual income tax, sales tax, unemployment insurance tax, and property tax.
As a wide-reaching firm with a small-business feel, we have been adapting to the changing climate of business tax code and law since 1985. As recently as 2016, the franchise tax code for businesses in the state changed again. Some of the changes to note include:
- A 0.75% tax on most entities; with just a 0.375% tax for retail based companies
- The One Million Dollar no tax due threshold has been raised by $110,000
- The compensation deduction limit has been changed to $360,000 per person
- The laws are still subject to change in the future depending on the political and economical climate
Having a knowledgeable firm to sit down with when working out a professional road map through the changing economic landscape of tax codes and legal law is indispensable to the success of any business. At Cagle Carpenter Hazlewood we are dedicated to our clients and always come highly recommended from our other partners. We welcome the opportunity to get to know you and your business and get working.
Other Cases We Handle
We are prepared to handle all kind of legal business issues and disputes our clients bring to us. Taking legal action, especially in the business world, is a big step to defining your business professionally. It is critical to entrust the delicate legal matters with a lawyer you trust. We have the skills and legal knowhow to handle every facet of business law including:
- Issues with Homeowner Associations
- Formations of LLC’s
- Frivolous Lawsuit Defenses
- Business Law Disputes and Litigation
- Property Tax Appeal
These are still just a fraction of the business law we cover. If you have any questions regarding your case and how we can help your company, we offer a free initial consultation over the phone for all prospective clients.
One particular kind of tax that we know has hit close to home in Austin is the raising Travis County Property Tax. For many businesses, property taxes can be the difference between sinking or swimming. If you or your business appealed to the appraisal review board to lower your property taxes and lost, we will fight for you. We have a good record when it comes to protesting property taxes, and the best part is that we will charge no fees unless we win the appeal for your business. Don’t let the county take the funds your business needs to survive.
Frequently Asked Questions in Business Law
It’s not easy starting or running a business in today’s economy. There is a whirlwind of documentation and tax laws to navigate through and then adhere to. Sometimes it can feel like most of the work you put into your business goes into the paperwork rather than your customers. It’s extremely helpful to get professional legal assistance to navigate the tedious world of business law so before you call we’ve compiled a list of the most commonly asked questions to help quell any initial concerns.
Is it easy to draft a contract for my business?
It is essential when starting any new business of any size to draft and carefully review the contract. There are a lot of factors that are included in the process of drafting a formal business contract. These include relationships with a shareholder, payment structure, the corporate ladder structure of the business, and many more issues that need to be solidly put in writing. When drafting a contract, the tedious law-required details can be overwhelming for any new business without an intimate understanding of the law. A good legal contract can be the difference between a smooth startup and unforeseen complex legal issues popping up in the company's future. Cagle Carpenter Hazlewood is well equipped to guide any business through this process.
Why should I hire an attorney for my business?
There are many situations that can arise over the life of a business where it would be the best option to seek legal representation. There could be claims against the actions of you or your business from another corporation or business owner. You may want to negotiate a merger with another business, but keeping these contracts fair for both parties is extremely important to a successful partnership and can be difficult to negotiate without an objective third party. If any level of the government is investigating or issuing grievances against your business for potential law violations, you could unknowingly be in violation of new or obscure laws. In any case, professional legal representation can help a business walk comfortably within the red tape and focus on their employees and customers.
Why should I choose Cagle Carpenter Hazlewood for my business?
Cagle Carpenter Hazlewood is a small firm from Austin, with the experience to reach beyond Texas. We help build lasting business relationships and assist any businesses in solving complex problems that may arise in formation or years down the road. Most of our clients come to us through the referral from our satisfied customers. Our attorneys have almost 50 years of combined legal experience serving businesses nationwide. We have an A+ rating with the Better Business Bureau and have a highly rated profile in Super Lawyers. Our offices are willing to help your business solve any and all disputes smoothly, carefully, and as quickly as possible so you can go back to business. Contact us at (512) 472-2431 to schedule an initial free consultation.
Contact us at (512) 472-2431 if your question is still unanswered and we’ll provide the quality assistance your business needs to overcome all legal hurdles you may face. We have a proven track record in finding solutions to complex problems and catalyzing successful outcomes to legal disputes.
We Welcome the Opportunity to Serve Your Business
At Cagle Carpenter Hazlewood we think that collaboration and effective communication are the cornerstones to complicated business disputes. It is our goal to construct lasting business relationships and ensure our clients become as successful as they deserve to be. We approach every matter in business, from the beginning with the end, with a mind to save as much of our clients valuable time as possible. Call us today at (512) 472-2431 to schedule your first free consultation today.