A tax deficiency, as recognized by the Internal Revenue Service (IRS), is a discrepancy between the amount of taxes you have reported on your return and what the IRS calculates you owe. This discrepancy often arises when the income you reported on your tax return differs from the income reported to the IRS by your […]
Widerman Malek Law Blog
Differences between In House V. Outside Counsel
The decision to engage legal counsel is a critical choice for businesses, and options extend beyond the binary choice of in-house counsel and outside general counsel. In-house counsel refers to legal professionals employed directly by a company, offering dedicated legal support and an intimate understanding of the organization’s inner workings. Conversely, outside general counsel entails […]
Design Patents: All You Need to Know
What Is a Design Patent? A design patent covers only the ornamental design of an object of manufacture. This means essentially that the design patent protects the appearance of a product. And to be eligible for a design patent, the object’s appearance must be novel and non-obvious. So, there must be something unique about the […]
Why are Patents Important? Protecting Your Intellectual Property
Many people ask, “Are patents worth getting and what substantial benefits do they offer?” The answer is unequivocally, yes. The advantages of obtaining a patent almost always outweigh the potential complications that may arise if one is not secured. Especially if you plan to manufacture and sell your product on your own, a patent helps […]
Why OSU Could Not Get a Trademark for THE
As college football fans welcomed back the return of another season, there has been much to celebrate. The time-honored traditions of Saturdays spent tailgating or cheering in front of the television give us all something to get excited for. But one group of Buckeye fans got some bad news near the start of the season. […]
Beginning the Patent Process
Attorney Kelly Swartz explains the first steps in protecting your patent. Patents are an invaluable piece of intellectual property. Frequently sought after by Fortune 500 companies and start-ups alike, a patent can protect your invention from reverse engineering and give you an advantage in the marketplace, as well as making your invention more attractive to […]
I Want to Make a Prototype. How do I Protect my Idea?
You have a great idea and you are ready to take the next step and have a prototype built. This may require the expertise of a draftsman, engineer, or manufacturing house, maybe even an investor. While the best way to protect any invention is often a patent, there may be considerations that prevent filing for […]
