When selling a business, careful planning of the structure of a transaction can result in significant tax savings for the seller without increasing the costs to the buyer. As one option, owners of a closely held business should explore the potential of selling the goodwill attributed to them…
In every business, the point in time will come when owners would like to retire or perhaps enter into a new line of work, and selling your business makes the most sense. This decision is not easy to make, as you will need to consider several key elements to the potential transaction while dealing…
United States Senator Elizabeth Warren (D-Mass.) and United States Representative Mondaire Jones (D-N.Y.) have introduced legislation to prevent what, in their view, prohibits industry consolidations that are anticompetitive or are “bad” for employees or consumers. The Prohibiting Anticompetitive…
Running a family business can be all-consuming, but it is vital for owners to take time to develop and implement a succession plan for death, retirement, or incapacity. Failing to plan for ownership change could affect the long-term survival of the business and the preservation of wealth built by…
In this podcast Mergers & Acquisitions specialists, Brian M. Heaton and Robert A. Greising, provide an overview of our Business Services practice group and include a detailed discussion on the current mergers & acquisitions market.
Recent guidance indicates that some confusion may be running rampant in Board rooms about who gets invited to their meetings. This question surfaces when advising clients on governance issues associated with new entities, transforming entities, and merging entities, regardless of the form of…
Consulting relationships have become increasingly prevalent in today’s growing tech and entrepreneurial economy. Whether for one’s main gig or side gig, the utilization of consulting arrangements has been further accelerated by exponential growth in accessible technology platforms, widespread…
Travis D. Lovett, a member of the firm's Business, Acquisitions, and Securities Practice, provides an overview on Tribal Law in the State of the Indiana.
Credit risk issues permeate supply chain relationships in both directions. Current circumstances seem to exacerbate these considerations as the supply chain and pervasive pandemic effects continue to impact all sectors at all levels. The following outline identifies some potential problems and…
Employment Practice attorney Shelley M. Jackson discusses the new vaccination requirements for employers with over 100 employees.
On July 12, 2021 the U.S. Farm Credit Administration (“FCA”), the federal agency that regulates farm lending, issued an informational memorandum (“Memo”) to its network of farm credit institutions. The Memo recommends considerations when deciding whether to provide financing to farmers seeking to…
On Tuesday, August 10, 2021, the U.S. Department of the Treasury (“Treasury”) and the Internal Revenue Service (“IRS”) issued Revenue Procedure 2021-33 (“RP 21-33”), which provides helpful guidance regarding the calculation of gross receipts for purposes of determining an employer’s eligibility for…
