Latest Insights
Learn about the latest legal developments that could potentially impact your life, your family, and your business.
Four Tactics to Help Minimize the Risks of Trust Litigation
A downside of the U.S. legal system is that it is relatively easy to bring a frivolous lawsuit with little consequence to the party suing. Meanwhile, the one being sued has to waste time and money to defend a baseless lawsuit. Because of this reality, a substantial...
5 Income Tax Strategies Every Small Business Owner Should Know
We believe strongly that small businesses are critical to our nation’s economy; in fact, 99.9% of businesses in America are defined as small businesses. And if you’re one of the millions of small business owners in America, you know how hard it can be to run your...
How to Set Up a Payment Plan for Your Economic Injury Disaster Loan (EIDL)
As part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act, the federal government expanded the Economic Injury Disaster Loan (EIDL) program to aid businesses affected by COVID-related disruptions. Businesses granted a loan were allowed to defer...
Common Mistakes When Selecting a Trustee or Executor and How to Avoid Them
If you are in the process of creating or updating your estate plan, a crucial concern is deciding who will be in charge of distributing your assets. The executor of your will or trustee of your trusts has a vital role to play in ensuring your wishes are followed....
Has Your Paycheck Protection Program (PPP) Loan Been Forgiven?
An important COVID-related economic measure enacted in 2020 was the Paycheck Protection Program (PPP). Two rounds of loans were offered to businesses to help them maintain their workforce during COVID. The program ended on May 31, 2021, but existing borrowers are...
What Business Owners Need to Know About the Employee Retention Tax Credit
While the infrastructure law that passed last year had many positives, it had at least one negative in ending the Employee Retention Tax Credit (ERTC) for wages paid after October 1, 2021. The ERTC was created in 2020 in response to COVID to provide financial...