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Can You Lose Custody Because You Live With Your Boyfriend?

This content has been archived. It may no longer be relevantQuestion: I have been told that since I am unmarried and live with my fiance’, the Court will give custody of my child to her father who never sees her. How can that be? Can I really lose custody of my child because I live with…

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IRS Holds: No Statute of Limitations On Assessing Employer Shared Responsibility Payments

In Chief Counsel Memorandum 20200801F, the IRS held that no statute of limitations applies to assessing the employer shared responsibility payment (ESRP) under IRC §4980H. The ESRP is the payment required to be made by an employer under the employer shared responsibility provisions of the Affordable Care Act (ACA), often referred to as the “employer mandate”)….

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Business Succession Planning: COVID-19 Has Changed Things – It’s Time For A Review

Business owners know that it’s important to plan for the succession in ownership of their companies.  It’s the means by which they secure their retirements and get to see their life’s work continued.  That’s why many institute plans for their succession – whether it’s a transfer of the business within their family, to trusted employees…

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Changes to Form 1023 For Tax-Exempt Organizations

Earlier this year, the IRS quietly rolled out a revised Form 1023 and 1023-EZ, and corresponding electronic application. These forms are used by charities and foundations to apply to the IRS for recognition as a tax-exempt organization. While the new forms are substantially the same as the prior version, there are some subtle yet important…

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Practices Perfected During COVID-19 Will Help Businesses Ensure a Compliant Workplace for the Future

As we have seen in these pandemic days, businesses have been forced to adapt and adjust to a fluid definition of normal. The businesses that are surviving are doing so because the pandemic has forced them to employ certain practices every single day. Since COVID hit, every single day businesses have had to: Exercise extreme…

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The Basics of Representation and Warranty Insurance

The Proposed Deal Consider the following scenario:  You and your partners have spent years growing your business. Your professional advisors are encouraging you to sell, and you are ready. The buyer is willing to pay a cool $100 million, a fair price in a seller’s market. The new beach house that seemed like a pipe…

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Family Business Hacks: Good Governance of the Next Generation

Family Business Hacks: Good Governance of the Next Generation Children of business owners often face immense pressure when it comes time to inherit the family business. How can owners ensure the next generation is qualified to run the business? Denise O’Neill, coach, and president of The Alternative Board, recommends assessing the interests and strengths of…

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Philadelphia Passes First of Kind Ordinance to Protect Workers with COVID-19 Complaints

If you are a business with employees in Philadelphia, you need to know about Philadelphia’s new Essential Workers Protection Act. The Act, which was signed into law on Friday, June 26, 2020, protects workers who speak out about unsafe workplace conditions during the COVID-19 pandemic. The ordinance is one of the first of its kind…

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An Interview with Jamie Kolnick | Inspiring Views from the Bright Side

Inspiring Views from the Bright SideSM An Interview with Jamie Kolnick Founder and Executive Director Jam with Jamie | New York City, NY Connect with Jamie on LinkedIn Read the Q and A Watch the interview 1. What are the goods/services offered by your primary business? Jam with Jamie is a nationwide children’s musical education…

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Read & Share: Why Working From Home Shouldn’t Be Taken For Granted

As COVID-19 cases continue to rise, and states are pausing their re-opening plans, the idea of working from home for the unforeseeable future is causing its own type of panic for those who are doing it. However, the ability to telecommute is a privilege these days. The alternative for many is unemployment or the risk…

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