Resources
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Paying Plan Benefits to Children, Not Surviving Spouse
Question: I am planning to remarry and want my 401(k) plan benefits paid to my children upon my death, not to my future spouse. Do I need a prenuptial agreement to accomplish this?
Bryce Harper: Phillies’ Solution or Baseball’s Long-Running Problem?
Staff ace Aaron Nola was headed to salary arbitration weeks ago until he reached a four-year, $45 million deal with the Philadelphia Phillies. “I don’t play specifically for the money,” he actually said after signing his contract, “I play for the love of the game. I play for my teammates.”
Airlines Try to Ground Skiplaggers, but Lawsuits Don’t Fly in Court
After finishing various levels of schooling, training and employment, and upon reaching a certain age, encountering a heretofore unknown activity provokes surprising interest. When that activity is designated with an equally novel term, the curiosity only heightens.
Overcoming Nondeductibility of Entertainment Expenses
Question: Is there any way to deduct business entertainment expenses after the most recent tax legislation?
Answer: The Tax Cuts and Jobs Act of 2017 fully eliminated deductions for entertainment expenses incurred by taxpayers, effective for tax years beginning after December 31, 2017.
Sales rep statute protects a rep’s earned commissions upon actual and constructive termination
…An exploitative principal angling to replace its longtime independent rep and withhold the commissions due could find a means to escape the statute’s reach by stopping just short of affecting a full termination.
Tips to a better rep agreement
A sales representative typically will review a sales representative agreement twice — at the start of its relationship with a new principal, and then at the end.
Tax Aspects of Purchasing LLC Interest
Question: I am contemplating purchasing an interest in a limited liability company as an investment. What tax consequences if any I should be concerned with?
Benefiting from Qualified Business Income Deduction
Question: Under the new tax law, can I deduct 20% of my S corporation income?
Holiday parties are fraught with peril; inviting HR doesn’t help
For reasons I don’t understand, this year’s holiday party has been entrusted to me.
Wait, on second thought, I do understand. I’m in charge of the holiday party by default. No one else wanted to do it. And the party’s decision-making has been rife with conflict.
Selecting the Right Business Structure
Question: Can you provide some guidance from a tax perspective to my business partner and I on the best structure for a new business we are starting?