family business lawyer

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Is Your Small Business Being Audited? Stay Calm and Read On

Audits can happen to any business. Small businesses are no exception. The IRS can conduct an audit on your business when your tax filing contains questionable deductions, your business is of particular interest to the IRS or by random selection. Contrary to popular belief, being audited doesn’t necessarily mean you did anything wrong. And for [...]

By | March 9th, 2017|Legal Strategy|0 Comments

Estate Planning Essentials for Parents

A comprehensive estate plan can protect the things that matter most. For many, this means their property and their family. Including provisions for the care of your children in your estate plan is essential for peace of mind. But many parents struggle with including such provisions as naming a legal guardian for their child in [...]

By | March 2nd, 2017|Art of Law|0 Comments

Doing Your Homework: How to Maximize Your Home Office Deduction

If you work from home, you may be eligible for tax deductions on part of the rent or mortgage payments you make, but you may be afraid this puts you at risk of a tax audit. And, rightly so. Calculating your home office deduction properly can minimize your taxes and keep you out of risk. The [...]

By | February 21st, 2017|Legal Strategy|0 Comments

Estate Taxes in Trump’s America

President Donald Trump has proposed a radical tax reform agenda for his term. Part of this reform is his intention to repeal the estate tax. For some people, this will be a considerable change with significant repercussions. But, because more changes to the tax code are anticipated, high-net-worth families should consider what this change could [...]

By | February 16th, 2017|Legal Strategy|0 Comments

Helping Employees Access Health Care While Easing the Burden on Small Businesses

In December 2016, former President Obama signed an important health care access act that will help alleviate the burden of employee health insurance on small businesses. The 21st Century Cures Act will allow, among other things, small businesses to reimburse their employees for individual health insurance if they do not offer a group plan. For [...]

By | February 14th, 2017|Uncategorized|0 Comments

Are You Scrambling to Get Prepped for Your Taxes? Here Are Some Tips

While tax day here in the United States is not until April 15, if you own a business and you intend to follow the rules, you’ve already started scrambling. 1099s were due to your independent contractors February 1, and if you are filing an S or C-Corp tax return, it’s due March 15, and then [...]

By | February 2nd, 2017|Legal Strategy|0 Comments

Millennials and the Family Business: When New Values Meet Old

Millennials are taking their places at office desks around the nation. This burgeoning generation is just starting out, which means changes for family businesses with millennial family members who stand to inherit the family business. Of course, this scenario raises certain concerns for baby-boomer business owners as they look to the next generation of workers. [...]

By | December 28th, 2016|Uncategorized|0 Comments