Crumpton Legal

02/15/2022

https://www.crumptonlegal.com/post/what-type-of-music-law-do-you-do

This is a question that I get from prospective clients a lot. The quick answer is "pretty much any legal issue that touches on music." One thing that I do not do as a music attorney is shop record deals for people. In the past, the way that many artists obtained major label record deals was to have....

11/05/2021

President Biden's new OSHA vaccine or testing mandate is effective today. Does it apply to your business? If it does, what do you have to do?

A few months ago President Joe Biden announced that he would be rolling out vaccine mandates through the Occupational Safety & Health Administration (OSHA) for employers with 100 employees or more. A test out option was also included. While there are already lawsuits pending to stop this new rule, t...

06/15/2021

There is a new type of game changing Employee Retention Credit available to businesses making under $1 Million per year that started after February 15, 2020. Is that you? Could you make moves to make that be you?

Learn more about the magical Recovery Startup Business credit here:
https://loom.ly/jfo83Aw

On March 11, 2021, the United States Congress and President Joe Biden passed one of the biggest windfalls in American history for small business owners. The name of this blessed miracle is known as Recovery Startup Business provision to the Employee Retention Credit. This new provision is so special...

06/11/2021

Planning on claiming the employee retention credit for your small business? In this blog, you'll learn exactly what the IRS expects you to have documented so you are ready to go if that time comes.

https://loom.ly/g31hG8E

Previously, I talked about the IRS updating the standard for showing that a government closure had at least a nominal effect on your business. In the last post I covered how businesses that own more than one entity handle the Employee Retention Credit (the ERC). Today, we’ll cover how you go about...

04/21/2021

The ever-changing and always fun Employee Retention Credit is keeping business owners on their toes. It's even more complicated if you own multiple businesses. I wrote a blog about it: https://loom.ly/Kf7KXKs

In my last blog, I broke down the IRS FAQs about how a business can qualify for the Employee Retention Credit due to a partial government shutdown. But, there is another layer of rules to consider if you own multiple businesses – the Aggregation Rules. The big question is what ownership structures...

03/12/2021

Big News from the IRS for Restaurant Owners Claiming the Employee Retention Credit. The big question for restaurant owners is whether social distancing requirements for indoor dining constitute a partial closure. That question was answered (sort of).

The employee retention credit is a refundable tax credit available to businesses that had either a significant decline in revenue (50% in 2020 or 20% in 2021) or that were fully or partially shut down due to government orders from Covid 19. The IRS recently issued Notice 2021-20, which provided guid...

01/12/2021

If you missed today's webinar with Hastie Legal, LLC on Stimulus updates for Small Business Owners, fear not! There is a recording here.

12/31/2020

Join me on Tuesday, January 12th as we walk through the new updates to the PPP law. There are important updates that you need to know about. You could also qualify for a 2nd PPP loan. And there is a new benefit that many retail and restaurant businesses will get - the Employee Retention Credit.

Sign up today. Space is limited - https://my.demio.com/ref/LeZBAuqhOtqZhfKu

12/30/2020

I took some time to talk to Columbus Underground to share my frustration as a restaurant owner with not getting any relief from the much touted 15% third party fee cap.

Any restaurants that have actually seen their rates go down?

Last month, Columbus City Council announced a fee cap for third-party delivery services in an effort to assist restaurants during the pandemic. At the time, it was promoted and heralded as a way City Council was protecting Columbus’ small businesses and the restaurant community. “Exorbitant deli...

12/16/2020

I took a look at the proposed language for 2nd draw PPP loans in the new stimulus bill. You must break year into quarters and have 30% sales decline in at least one for 2020 v 2019.

See text here:

Draft - Senate Emergency Stimulus

12/09/2020

Ever wondered what happens when you sit down to write a song with someone and you don't have an agreement? 🤔 Who owns the song? How much of the song do they own? What if someone's just hanging out in the room -- do they own any of it? 🤨

Find out when someone is a joint author of your copyright in my latest video.