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In Iowa, sole proprietorships are more or less the “basis” format for a business. Sole proprietorships aren’t a legal business entity. It is considered one and the same from the person operating the entity. Because there is no difference between the individual and the business, sole proprietors do not need to file business tax returns. The business’s profits or loses will be on their personal tax returns. As for liability, because there is no difference between you and the business, you are liable for anything the business is, whether it be a contract you make on behalf of the business or any litigation against the business.
November 20, 2024
This article covers different aspects of Iowa employment and labor laws including minimum wage, overtime, breaks, maternity, vacation time, sick leave, holidays, and updates to Iowa Employment and Labor Laws for 2023.
October 17, 2024
In this article, we discuss independent medical examinations and the legal requirements for Iowa workers’ compensations claims and answer the following questions: what is an independent medical exam?, can my Iowa employer force me to receive an independent medical examination?, can I request my own independent medical exam in an Iowa work comp case?, does the independent medical exam affect my Iowa work comp award?, and should I consult an attorney before my independent medical examination?
September 5, 2024
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