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Commentary

Which is better, cash or accrual reports? (access required)

Q: I opened my small law practice in Twin Falls recently and spent some time getting my accounting system set up. I am using QuickBooks, but I noticed that when I print reports I can select either “cash” or “accrual.” ...

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Employer-provided spousal benefits face different requirements from state to state

Idaho-based employers with employees in multiple states could be subject to significant penalties and litigation if they do not comply with the laws of each state regarding group health coverage and other benefits provided to the same-sex spouses of employees. ...

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How to value a startup for potential investors

Coming up with the right valuation for your company in the startup phase of a company’s life cycle can be very tricky. In the early stages of formation, the value of your company is most likely close to zero. Obviously, ...

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What’s the holdup, BVEP?

A lot of good news has come out of Twin Falls lately. A 1 million-square-foot Chobani yogurt plant opened last year, and Glanbia Foods, the largest maker of American cheese in the country, opened its corporate headquarters there this summer. ...

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Avoiding disputes over the ownership of social media accounts

In 2006, PhoneDog Media LLC, a mobile phone website, hired Noah Kravitz to tweet on behalf of PhoneDog from the Twitter account, @Phonedog_Noah. The account amassed more than 17,000 followers in nearly four years. When Kravitz left PhoneDog in 2010, ...

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How will the JOBS Act help Idaho businesses? (access required)

Over the past six weeks, the manner in which companies will be permitted to raise capital has changed dramatically. On Sept. 23, Title II of the JOBS Act was officially implemented, lifting the Securities and Exchange Commission’s ban on mass ...

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Incorporate personal electronic devices into communications policies

Increasingly, employees are using personal cellphones, tablets, laptop computers and other electronic devices for work, including remote access to employer networks and databases. In the not-too-distant past, employers’ electronic communication policies focused primarily on regulating employee use of electronic equipment ...

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HP Boise offers media peek at local startup culture

For the second year in a row, Hewlett-Packard executives invited about a dozen reporters and bloggers to Boise to learn about their products and services, and get a sample of life in Idaho. These journalists will leave with favorable impressions ...

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Health care headaches: How is Idaho faring with Obamacare?

With all the stories swirling around the opening of the health care exchanges and revelations that not everyone will be able to keep their current insurance as promised, keeping up with what businesses and individuals need to know, and do, ...

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Premises liability: Skiing is special

Brad broke his leg while skiing at Snow Flake Resort in Idaho and sued Snow Flake Resort for negligence. At trial, evidence emerged that Brad was skiing out of control when he fell. However, the resort also contributed to his ...

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