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Employer-Funded Employee Health Benefit Programs for Greater Control and Reducing Costs
The Situation: The average per-employee cost of employer-sponsored health insurance increased by 6.3% last year. The increase is attributed to employees returning to their healthcare providers for regular care as the COVID pandemic restrictions eased. However, for those looking for ways to save, employer self-funded health benefit insurance is an option. In 2021, data…
3 Critical Things Not to Overlook in a Same-Sex Divorce
A same-sex divorce can be just as complex as a heterosexual divorce. In many cases, the parties involved may not even realize all the issues that need to be addressed. If you are considering a divorce, it is important to understand all the potential pitfalls to try to avoid them. In this blog post, we…
Leaving Little to Chance — A Trust for Your Financial Legacy
Receiving an inheritance can seem like winning the lottery. A financial windfall lands on your doorstep and promises to change your life for the better. But an inheritance and lottery winnings differ in many important ways, starting with the likelihood of receiving one. You are much more likely to receive an inheritance than win the…
Read & Share: Global Unicorn Herd Now Counts 1,000+ Companies
Global Unicorn Herd Now Counts 1,000+ Companies According to CB Insights, there were 1,068 unicorn companies in the world as of March 30, 2022. In 2021 alone, 519 of these privately held startups valued at $1 billion or more were “born”. The global unicorn herd passed the 1,000-mark at the beginning of the current year. More than…
Saturday Side Hustle: Re-Introduction
I am a lawyer, a scientist and a songwriter. Before I was a lawyer, I was a scientist and a songwriter. Before I was a scientist, I was a college student and a songwriter. Before I was a college student, I was a teenager and a songwriter. Before that, I was just a creative kid….
The Department of Justice Has Cooked Up Criminal Charges for No-Poach Agreements
Here’s yet another reason not to enter agreements with other companies not to hire (poach) other companies’ employees: potential criminal prosecution. In the first-ever criminal trial for labor-related antitrust (Sherman Act) violations, the Department of Justice alleges that former DaVita Inc. CEO Kent Thiry conspired with other healthcare CEOs to limit employee movement to competitors….
OK at Work: Time to Care Act of 2022
This week on OK at Work, Sarah Sawyer and Russell Berger discuss the paid family leave law recently passed by Maryland’s legislature. Known as the Time to Care Act of 2022, this law will require employers and employees to contribute, via payroll deductions and taxes, to a state-operated fund that will payout partial wage replacement…
Read & Share: Defining The New Cannabis Consumer
Defining The New Cannabis Consumer The cannabis industry is transforming, and so too are its consumers. As they edge further into the mainstream, cannabis companies will need to fight for the consumer’s dollar—not just against other cannabis brands but also against a number of other industries in the discretionary spending sphere. This graphic…
Saturday Side Hustle: Interview with Matthew Hardwick, Phd, ResInnova Laboratories
https://youtu.be/n9qQXD9Axo0
M&A Pulse: Tax Considerations when Selling your Business
M&A Pulse: Tax Considerations when Selling your Business Most business owners pay their fair share of taxes while running their company. When it comes time to sell the business, most owners are seeking tax strategies to minimize taxes paid on their gain. We know that tax considerations are a major driver of any commercial transaction,…
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