Commercial Law
Updates
Estates
Want Your Estate to Avoid Probate? Six Ways to Make it Happen
Life is busy. If you’re like most people, you have a long list of things to do. However, it’s critical to make time regularly to consider whether you’ve set up your estate in a way that will result in your wishes being eventually fulfilled. You may have heard people say you should “avoid probate” in […]
Timely Opportunities
Keeping Tax Score on NIL for Student-Athletes
College student-athletes can now get paid for certain things, under the National Collegiate Athletic Association’s (NCAA’s) so-called name, image and likeness (NIL) policy. The policy has allowed some student-athletes at large schools to make millions of dollars. But it’s important to remember that Uncle Sam must get his cut of the earnings. Here’s what you […]
Timely Opportunities
Midyear Tax Planning for Small Businesses and Owners
Summer isn’t just for barbeques and baseball. It’s also a good time to think about ways to cut your 2023 business tax bill. Here are four planning ideas for small business owners to consider, assuming there won’t be any changes to current federal tax laws at least through 2024. Which Purchases Are Eligible for Sec. […]
Business Law
Transfer Pricing: Maximize Opportunities and Minimize Risks
Transfer pricing continues to be one of the most important matters facing multinational companies. The tax situation in any given country can affect whether or not your business sets up facilities or holds intellectual property ownership there. The IRS and numerous tax authorities worldwide are intensifying their focus on how corporations allocate income and expenses […]
General Litigation
Using Subpoenas and the Discovery Process to Help Prove Your Case
When you are involved in a lawsuit, there comes a time where you have to submit evidence to the court that supports your position in the case. This happens whether you are the plaintiff or defendant. You may have documents and your own testimony to help prove your case or defense. But there also may […]
Timely Opportunities
Poor Planning Can Lead to Double Taxation of Trusts
Different states have different rules for determining whether a trust is a “resident” for income tax purposes. State tax liability can depend on the location of settlors, trustees or beneficiaries. In some situations, a trust could be liable for taxes in multiple states. Fortunately, you may be able to take certain steps to reduce the […]
Timely Opportunities
M&A Reminder: Earnouts Bring Critical Tax Considerations
Merger and acquisition (M&A) activity is widely expected to pick up this year, after a lull in 2022. Amid economic uncertainty, earnouts are likely to play a big role in many deals. The structuring of such transactions could have significant tax implications that affect the ultimate value for both parties. The Basics Earnout provisions generally […]
Intellectual Property
Copyright and Your Website
No matter what type of business you’re in, you probably have a website. And you probably want to regularly put interesting content on your website in order to keep it fresh and appealing. Perhaps you develop your own copyrightable articles or images — or hire someone else to do it. No matter how your website […]
Employment Law