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Saturday Side Hustle: My First Venture – Pickles Part Two
This content has been archived. It may no longer be relevant Thank you to those of you who sent positive messages last week. I’ve got an offer to help with farmers’ markets in Frederick and some newfound regulatory knowledge from the Side Hustle readers. I appreciate it. This is especially true because I have been…
Looking for an Exit – How About an ESOP?
With the steady increase of founders of companies exiting through family and management succession transactions, sales, and other dispositions, an often-overlooked alternative, has had considerable traction. Employee Stock Ownership Plans (“ESOPs”), popular 30-40 years ago with large corporations, have gained favor in recent years with many technology and GovCon companies. Section 1042 of the Internal…
Friday Factoid Quiz: Consumer Electronics Brands
The Consumer Electronics Show (CES), the nation’s largest annual convention, provides an early look at the latest technological advancements for the electronic products we love to purchase and use. Last year’s CES attracted more than 175,000 attendees. The 2020 show – the 53rd CES – is being held in Las Vegas from January 7-10. To mark the occasion, test your knowledge of trademarks for these leading brands from the world of consumer electronics:
Want to Sell Your Business? It’s Best to Consider Potential Tax Issues at The Front End Of The Process
For owners of small and medium-sized businesses, the prospect of selling their company is an exciting – and potentially life-changing – opportunity. Although most sellers realize there will be a tax cost at the end of the day, many have little or no experience with the “deal process” and often are surprised – and stressed…
The Legal Tea: Why is Lizzo Getting Sued?
Back in September, in a since deleted tweet, Lizzo tweeted about a girl stealing her Postmates delivery along with a photograph of the alleged food thief. Almost immediately, the backlash poured in from her followers calling out the singer for publicly putting someone on blast. The next day…
IRS Proposed Regulations Executive Compensation Limitation
The IRS has provided guidance to limit the tax benefits for excessive executive compensation in proposed rules recently issued on December 16. Initially, the 2017 TCJA limited the deduction for employee remuneration in excess of $1 million for publicly held corporations. The IRS is now proposing to clarify the parameters of that limitation. The proposed…
D.C. Property Management Minute: The importance of taking a complaint of discrimination seriously
When it comes to property management, the District of Columbia has a unique set of laws. Join Billy each week as he gives you advice on dealing with a common property management problem in D.C. and how to quickly solve it.
How to Tell if Your Spouse Is Snooping on Your iPhone or iPad
Even though its sneaky, unethical, and possibly illegal, spouses in South Carolina and elsewhere continue to snoop and spy on each other when facing a separation or divorce. If you believe that your spouse is snooping through your iPhone or iPad to look at your call log, messages, email, or other apps, you can set a simple…
Offit Kurman Wins Jury Trial in the New York Commercial Division in a Complex Securities Case
The New York Supreme Court Westchester County Commercial Division on December 11, 2019, directed entry of judgment in favor of Offit Kurman’s investor clients, the plaintiffs in Hammer et al. v. Reetz et al. (55159/2017), against a registered investment advisor and its principal. This marked the final stages of a lawsuit that started in 2017….
Contracts: The Devil is in the Details
The scenario is a common one. Two businesses reach an agreement – it can be a contract for services, a joint venture, or most any other deal. After many weeks of negotiation and due diligence, though, both sides are fatigued by the details and just want to move forward with the transaction. So, they hurry…
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