Equity Sharing – Avoiding Remorse Quote: “It’s good to be the King” – Mel Brooks (too many times to do attribution) So here is the scenario – you are running a solid business; you own 100% and everyone around you (including employees) are advising you to consider sharing ownership. In private, you mull this over…
Clearing Back the Brush Between “Trader” and “Investor” One of the key tax determinations in the financial sector is whether an investor or a fund is a “trader” or “investor” for tax purposes. Every U.S. taxpayer that trades securities (or fund with U.S. taxable investors), must be categorized as an investor, trader or dealer. Each…
Estate and Trust October 2013 DOMA Decision Gives Rise To Tax Savings and Wealth Transferring For Same-Sex Married Couples [author-style]By Mary Ellen Meara, CPA, Senior Manager[/author-style] Mary Ellen Meara [email protected] On June 26, 2013, the United States Supreme Court ruled on a landmark case related to same-sex marriage (United States v. Windsor), which struck…
Am I Ready to Sell My Business? Lord Dark Helmet: “When will then be now?” Colonel Sandurz: “SOON!” Spaceballs by Mel Brooks I often think of this hilarious scene from Spaceballs when I have a discussion with an established entrepreneur regarding the potential sale of his or her business. This scenario is even more relevant…
Holidays Around the World in October Fall is here! Although today’s 80 degree weather might make you think twice. Check out the below table to learn what holidays people are celebrating around the world in October! Previous Post Next Post
DING, NING, Whatever … Just Save State and Local Tax! For a number of years it was possible to set up a type of asset protection trust in Delaware, whereby, pursuant to the terms of the trust and particular state law, the trust would not be deemed a grantor trust for income tax purposes and…
Leadership – Can It Be That Simple? “Forget about the curve ball Ricky. Give him the heater.” – Lou Brown, Major League Many of us remember the movie Major League. The lovable (sometimes cantankerous) manager Bob Brown was successful at assembling a group of ragtag veterans and misfits and driving them to win their first…
Hedge Fund Advertising into Effect As a follow-up to our coverage on the amendments to Rule 506 of Regulation D and Rule 144A under the Securities Act of 1933– the ban on hedge fund advertising has been lifted effective September 22, 2013. This change is a result of Jumpstart Our Business Startups Act or the…
Share For a family business, it’s not unusual to put the family name as part of, or the entire, brand name. A surname can serve as the trademark, or brand, if it identifies – and distinguishes – the source of the product or service; but it also must not infringe on an existing user’s mark….
Startup Advisors – Do I Have the Right Team? Quote – “We should have called you last year” – Attributed to many startup entrepreneurs If I had a dollar for every time I heard this from a startup prospect, I could have retired by now. The fear of the unknown (especially related to fees) often…