Resources
Stay in the know of company and industry updates, accomplishments and more!
Overcoming 401(k) Plan Nondiscrimination Rules
Question: My company sponsors a 401(k) plan to which many of our highly paid employees are unable to contribute as much as they would like. What alternatives are available to avoid or minimize this problem?
Can Employers Require Workers to Get the COVID-19 Vaccine as a Condition of Employment?
Those who remain skeptical about the COVID-19 vaccine or are refusing to get inoculated against the virus will soon discover that, in most cases, their employer can require vaccination as a condition of continued employment.
Spousal Rollovers of Retirement Assets Upon Death
Question: My husband died leaving me as the sole beneficiary of his individual retirement account. Should I roll over these funds to my own IRA to defer income taxes?
Purchasing Life Insurance Through Premium Financing
Question: I want to purchase life insurance but do not want to liquidate my personal portfolio of securities to pay the premiums. Any suggestions for how I can accomplish this?
Young Cutco Knives Sales Rep Slices Liability in Thirds
A sales rep legal column that doesn’t speak of terminations or commissions? That doesn’t mention succession planning or tax issues? Not even a state sales rep statute?
What’s left to discuss?
Well, there’s Walter Blockmon III. Or more precisely, the late Walter Blockmon III.
Defined Benefit Plans For Directors and Self-Employed Individuals
Question: I am a retired executive of a public company and received significant fees during 2020 from serving as a member of the board of directors of other companies. Is it too late to establish a qualified retirement plan to offset my income and, if so, what type of plan should I establish?
Should You Make an S Election For Your Limited Liability Company?
A limited liability company (“LLC”) may elect to be taxed as a partnership, a C Corporation, an S Corporation, or as a disregarded entity. Many LLCs elect to be treated as “S Corporations” for federal income tax purposes in order to minimize employment taxes.
Toss or Keep? Taming the Paper Pile
The past year has provided us much to reflect upon, including our dependence upon our files and records. Whether telecommuting or working with a reduced staff in the office, it may be time to declutter the office or clean out the file room.
Ill. Case Sheds Light On Cross-State Anti-SLAPP Conflicts
Most states have enacted anti-SLAPP statutes, to protect speech rights and provide an expedited process for the dismissal of SLAPPs with awards of attorney fees and costs to prevailing movants. Some states have broad anti-SLAPP statutes, whereas many are more restricted in scope.
Tax and Other Considerations for Home Loans to Children
Question: My spouse and I recently loaned our daughter and her husband the full amount needed to purchase a home. None of this was documented. Is there anything we should be doing?