Key Legal Aspects You Should Care About

Photo by Pavel Danilyuk from Pexels.

1. Taxes

  • Social Security and Medicare taxes.
  • Payroll tax.
  • Federal employer tax: Payable by employers who have a payroll of $1,500 or more in any calendar quarter during the current or preceding calendar year. This amount can be increased if there are employees who work a certain number of hours per week.
  • State and local taxes
  • Self-employment tax

2. Payment gateways

3. Trademarks, patents, and copyrights

Trademark vs Copyright?

How Do You Trademark a Company Name?

4. Inventory, Insurance, and Liability

5. Licenses and permits

How to get a license

Why licenses are important

Who regulates licenses?

6. PCI compliance

7. Privacy policy

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