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Monday 9am - 5pm Tuesday 9am - 5pm Wednesday 9am - 5pm Thursday 9am - 5pm Friday 9am - 5pm

Promise Legal

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Austin, TX
Promise Legal

Promise Legal helps new and small businesses identify and avoid legal threats in the digital era.

09/04/2026

Reverse vesting on a buyback right is the founder version of vesting: you already own the shares, but the company can repurchase unvested ones at cost if you leave. It's the only way to vest on already-issued stock. → https://promise.legal/startup-legal-guide/formation/founder-agreements

09/04/2026

Succession tax planning: installment sale under §453 spreads gain recognition. Qualified intermediary preserves capital gains treatment. Lump sum = 1040 adjustment. → https://promise.legal/succession

09/04/2026

Final paycheck rules vary by state: California + Texas — on discharge, immediately; on quit, 72 hours (CA) or next regular pay (TX). Miss the deadline = waiting-time penalties. → https://promise.legal/startup-legal-guide/compliance/employment-law

09/04/2026

CourtListener API: free, public, scrape-friendly for opinions + dockets. Rate limits + attribution required. Foundation for AI research workflows. → https://blog.promise.legal/api-data-access-law-firms-compliant-ai-workflows/

09/04/2026

"Vesting" sounds like something you turn on. It's actually a forfeiture mechanic: unvested shares go back to the company at cost on departure. Without it, a co-founder who leaves month 3 keeps their full grant. Four-year / one-year cliff exists because the cap table has to survive the breakup. → https://promise.legal/startup-legal-guide/formation/founder-agreements

09/03/2026

Cyber insurance underwriting in 2026: carriers require MFA, EDR, backups with retention + immutability, incident response plan, employee training. Without the checklist, insurance is unaffordable. → https://promise.legal/startup-legal-guide/compliance/data-security

09/03/2026

"QSBS is a tax rule for later." QSBS requires C-corp status at issuance and a 5-year hold. If you're LLC now, convert before the round you want to QSBS-qualify — not after. → https://promise.legal/startup-legal-guide/formation/entity-types

09/03/2026

Texas registered agent requirement: every LLC + corp registered in Texas needs an in-state agent with physical address. P.O. boxes don't qualify. Third-party services run $100-300/year. Founder's apartment + frequent moves = service-of-process risk. → https://promise.legal/atx

09/03/2026

"Our remote workforce is HQ-taxed." Tax home is where the employee performs work. Missing withholding/unemployment registration in a state where you have an employee = penalties, back taxes, nexus. → https://promise.legal/startup-legal-guide/compliance/employment-law

09/03/2026

Texas sales tax + SaaS: 6.25% state + 2% local = 8.25%. Registration at $500K economic nexus. Subscribing to Stripe Tax + TaxJar handles automation. → https://promise.legal/atx

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Austin, TX

Opening Hours

Monday	9am - 5pm
Tuesday	9am - 5pm
Wednesday	9am - 5pm
Thursday	9am - 5pm
Friday	9am - 5pm

Website

https://promise.legal/

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