4+ mon, 18+ hour ago   (268+ words) Kilpatrick’s Kylan Memminger recently participated on a panel discussion at the ABA Tax Section May Tax Meeting where they discussed the topic of “Pass-Through Entity Tax: Drafting Agreements to Take Advantage of State PTET Regimes and Federal Deduction Opportunities.” Kylan…...

3+ mon, 4+ week ago   (961+ words) Because of the significant tax savings, it is critical for taxpayers to engage qualified counsel early in the QSBS planning process to assist with qualification, substantiation and penalty avoidance, and if the investment proves successful, to help them maximize the…...

5+ mon, 3+ week ago   (240+ words) Grant recipients could use RRF funds on eligible expenses incurred from February 15, 2020, through March 11, 2023. The program required recipients to spend any RRF grant funds by March 11, 2023, or return unused funds. By early 2023, most grant recipients spent all grant-related funds to…...

7+ mon, 1+ day ago   (1118+ words) As part of the "Great Wealth Transfer," privately owned businesses with an aggregate value estimated at $10 trillion or more are expected to change hands. Many of these businesses will be sold to a third-party buyer. Early, thoughtful preparation can meaningfully…...

7+ mon, 2+ week ago   (301+ words) JD Supra 5 Key Takeaways | Salt Update: Navigating the Complex Landscape of Sales and Use Tax Sourcing Chicago SALT Partners David Hughes and Jordan Goodman recently provided a SALT update during their webinar on “Navigating the Complex Landscape of Sales and…...

7+ mon, 3+ week ago   (449+ words) For many businesses, the brand value embedded in trademarks rivals, or exceeds, that of physical assets. Yes, an intangible word can exceed physical assets in value! Yet, trademarks are frequently underleveraged and instead treated as administrative necessities rather than value-generating…...

7+ mon, 3+ week ago   (436+ words) A well-respected law firm CMO asked me recently: “What makes an effective business development plan for a lawyer?” At first blush, that seems like a simple question, but the more I thought about it, the less simple it became. I’d…...

7+ mon, 3+ week ago   (963+ words) What shows up once the story must survive the terms The gap shows up when you leave the story and start building the terms. That’s when alignment shifts from theory to practice. Milestones are set, governance gets defined, control assigned,…...

7+ mon, 4+ week ago   (161+ words) There may be no more difficult decision for a business owner than the decision to sell a business. The difficulty in the decision lies not only in the emotion of turning over a life’s work and a career, but also…...

8+ mon, 3+ week ago   (279+ words) For entrepreneurs and business owners in New York, sustainability is no longer just a buzzword anymore. Environmental, Social, and Governance (ESG) is becoming a core part of how businesses are run. Boards and business owners that treat ESG as seriously…...