What Do Trustees Need to Know About the Corporate Transparency Act?
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...
Halt! Employee Retention Tax Credit Processing on Pause
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...
Dolly Parton – Lessons Learned From Her Long-Time Philanthropy
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...
You Have a Judgment – Now What?
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....
Estate Planning Considerations for Non-Citizens
U.S. citizens and non-citizens are subject to U.S. tax laws. However, U.S. citizens receive certain tax benefits throughout their lives and even upon their death by virtue of their status as citizens. Non-citizens do not enjoy all of these benefits, particularly...
Discussing Your Estate Plan with Loved Ones
Estate planning is important for every adult, even those who aren’t wealthy or old. It is a way to ensure that your wishes are implemented if you pass away, including giving you the power to designate what happens with your assets and who will care for your minor...