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Five Tax Reform Strategies for Business Owners
Jonathan Fitzgerald, Wilmington Trust
With the passage of the Tax Cuts and Jobs Act in late 2017, virtually all areas of federal tax law saw sweeping changes. As a business owner, it’s particularly important to understand how these
"Career Conversations" Rather Than "Performance Reviews"—A New Take
Mahler Private Staffing
Performance reviews for staff members, often occurring either at the end of the year or on the anniversary of the staff member’s employment, are an important aspect of ongoing staff management
Handling Management Transition Challenges in Family Business Succession Plans
Mark Harder, Warner Norcross & Judd
Succession planning for a family business inevitably requires planning for the transition of the management team. This transition presents several challenges, including dealing with nonfamily
Cybersecurity and Advanced Techniques to Safeguard Your Data
PURE Insurance
In today’s hyperconnected world, news headlines are filled with stories about identity exposure, data breaches and other major threats to your personal information and financial assets. And
Family Wealth Security Risks: Solutions for Families, Family Offices and Family Enterprises
AIG
In business-owning families, personal and business risks are often blended and are typically managed by different people and processes. This creates a gap in identifying risks and solutions that can
Successful Generations Podcast: Engaging Your Family in Family Philanthropy
National Center for Family Philanthropy
The question Virginia “Ginny” Esposito, Founder of the National Center for Family Philanthropy, gets asked the most, is “How can I engage my family in philanthropy?” In this
Identifying and Avoiding Tax Scams
Hemenway & Barnes
Every year during tax season the Internal Revenue Service (IRS) releases the “Dirty Dozen” list of tax scams. With the increased number of data breaches, it is important to remain
Forthcoming Regulations to Close "S Corporation" Loophole Under New Carried Interest Rules
Koley Jessen
Section 1061 of the Tax Cuts and Jobs Act imposes a new three-year holding period for gains derived by a partnership that are passed through to the holder of a carried interest to qualify as long-
How Can "Friendly" Loans Impact Your Tax Liabilities?
Koley Jessen
It is not uncommon for a related or “friendly” party to desire to make a loan at a lower interest rate than what is available in an arms-length transaction on the open market. This is
Every State Now Has a Data Breach Notification Law; Is Your Business Ready to Comply?
Koley Jessen
No matter where your business is located or operating, if your company suffers a data breach you may have legal compliance and reporting obligations or face possible fines and lawsuits. With