Are Templates and Forms Protected Under Copyright Law?
Let’s say I was the first to invent the Venn diagram. Can I obtain a copyright or a patent to prevent anyone from using or displaying it?
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If I Withdrew My Patent Litigation Claim, Can I Re-File It Later on?
In general, there is no statute of limitations on a claim for patent infringement. However, the Patent Act specifies a time limit on monetary relief for patent infringement claims – damages are available only for infringement that occurs within the six years prior to the filing of the complaint. In general, a voluntary dismissal (unless…
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When Should I Convert My Provisional Patent Application to a Non-Provisional Utility Patent?
I usually get asked the question: If I rush to convert my provisional to a non-provisional patent filing, does that reduce the risk of someone having a third party receiving a patent on the same subject matter? Typically, there is NO rush in filing the non-provisional utility patent application once you’ve already secured a provisional…
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I Received a Provisional Patent Filing Receipt in the Mail – What Does It Mean?
A provisional patent application filing receipt indicates that the USPTO has granted you a patent priority date. The patent priority date is the same day as your patent filing date in the case of a provisional patent application filing. From this date forward, you have 12 months to file a non-provisional patent application claiming priority…
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How Is a C-Corporation Different from an S-Corporation?
Both C-Corporations and S-Corporations are, at their core, corporations that are formed at the state level. The formation process, structure, and governance are usually identical for both. The two big differences are: Tax law is what sets the differences between C-Corporations and S-Corporations. In fact, the name of each comes from Subchapter ‘C’ and Subchapter…
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How an S-Corporation Can Provide Tax Savings
An S-Corporation can provide significant Federal income tax savings over a C-Corporation. A common question that arises is, “If the benefits are so obvious, why aren’t all corporations S-Corps?” Due to the benefits, the IRS places restrictions on S-Corporation ownership, including the types of shares that the corporation can issue and the types of shareholders…
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How to Avoid Double Taxation | S-Corporation Advantages
Understanding Corporate Structures: A Guide to C-Corporations and S-Corporations Tax Implications Tax law sets the difference between the C-Corporation and an S-Corporation. When a corporation is formed at the state level, the C-Corporation is the default. The C-Corporation can then, voluntarily, file an election form with the IRS (Form 2553) to become an S-Corporation. Once…
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How a Corporation Is Set Up
The Corporation is rigid in how it is structured and run. This is due to laws, rules, and general practices that have existed and worked well for years. The great thing about a corporate structure is that it scales very well. From the smallest of companies to the largest enterprises – there is a common…
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If You’re Making Your Own Board Game, How Do You Protect Your Idea?
How To Legally Protect Your Game Board Idea Say there is a game thats been around. A lot of people are familiar with it. No one has made a board game out of it. How do I protect something that everyone knows but no one is actually selling? In protecting board games, you have the…
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How to Protect Your Brand – Trademarks 101
It is common for entrepreneurs to spend years of their lives, in addition to their blood, sweat and tears to grow a company and the name associated with it. That name can be not only dear to those who invest in it but it can also become a very valuable piece of property. It is…
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