by Evan Powell | Mar 7, 2024 | Business, Tax Planning
Buy-sell agreements offer business owners an important tool for succession planning. If there are multiple owners or partners and one of them departs voluntarily or involuntarily, problems can arise if there has been no planning to address what happens to the interest...
by Evan Powell | Feb 29, 2024 | Business
On January 1, 2024, the Corporate Transparency Act went into effect. The law creates a nationwide central registry whereby “beneficial owners” of all legal entities, including limited liability companies (LLCs) will be reported. Under the Act, a beneficial owner is...
by Evan Powell | Feb 22, 2024 | Business, Tax Planning
The Employee Retention Tax Credit (ERTC) was established as part of the 2020 Coronavirus Aid, Relief and Economic Security (CARES) Act to help businesses that retained employees during the pandemic. While many businesses have taken advantage of the ERTC program and...
by Evan Powell | Feb 15, 2024 | Estate Planning, Life
Dolly Parton is not just an international superstar; she is one of the most philanthropic celebrities in the world. While very few of us will ever have her wealth or fame, we can emulate some of her passion to do good. She has lessons to teach all of us about...
by Evan Powell | Feb 8, 2024 | Litigation
You have finally completed litigation, prevailed in your case, and received a money judgment against your adversary. Now what? A judgment by a court for a specific amount of money entitles you to the amount stated, but it does not actually provide you with funds....
