Family Businesses


The Growing Regulation of AI-Based Employment Decision Tools
Perkins Coie
The growing use of video and automated technology, including artificial intelligence (AI), in employment practices—and the concern that the technology may foster discrimination and bias—
Should I Hire an Investment Bank to Sell My Business
Northern Trust
When selling your business, choosing the right team of advisors can make or break the deal. Some business owners may question whether to hire an investment bank to help with the transaction—
5 Ways Managers are the Answer to Employee Engagement
We’ve all heard the terms “quiet quitting,” “quiet firing,” and the “great resignation” that point to the need for better employee engagement, which is a
Open Enrollment 2024: Health Savings Accounts
Plante Moran
Employers who sponsor high deductible health plans (HDHPs) that are compatible with health savings accounts (HSAs) should take the opportunity to explain how they work during open enrollment. Through
2023 U.S. Family Business Survey
The notion of how to build trust in business is changing—fundamentally and rapidly. Due to powerful demographic shifts, most of today’s customers and employees hail from generations
Corporate Transparency Act: Identification of Individuals Who Exercise Substantial Control Over Reporting Companies
Kozusko Harris Duncan
Following the enactment of the Corporate Transparency Act (CTA), the U.S. Department of the Treasury's Financial Crimes Enforcement Network (FinCEN) explained that the CTA and FinCEN regulations
Corporate Transparency Act: FinCEN Beneficial Owner Information Report Requires Street Address of Principal Place of Business
Kozusko Harris Duncan
As families and their advisers begin to prepare for U.S. entities in their succession planning structures to comply with the Corporate Transparency Act (CTA), consideration should be given to U.S.
Hybrid Work Arrangements Drive Growth
Grant Thornton
Employers need to be mindful of building culture as they embrace hybrid work. In this conversation, business leaders explore the topic and discuss the critical aspects of engaging employees in a
Human Capital Strategies for Growth: Talent Development and Workforce Planning
Grant Thornton
Organizations can fuel growth by planning for their specific human capital training and talent development needs. In this conversation on human capital, get to know the key considerations for
Three Estate and Gift Tax Strategies to Consider Before Selling Your Business
Warner Norcross + Judd
For a business owner considering the sale of their business, there are two competing goals: maximizing the proceeds from the sale and minimizing the transfer taxes that will be due on the owner