Insights

In this issue, learn how younger generations of prominent families are pursuing internal legitimacy as a path to a purposeful life.

ESOPs can provide significant benefits to shareholders, management and employees of privately-owned businesses.

With Russ Haworth and researchers from The University of Adelaide, we uncovered the importance of focusing on internal legitimacy.

The food and beverage sector remained active during the second quarter of 2024 with mergers and acquisitions (M&A) transactions completed across various segments, including snacks, bakery, meats/protein and ingredients, among others.

For private foundations with calendar year-ends, this is a great time to consider getting a head start on year-end tax planning.

We see shareholders’ agreements as important tools for safeguarding the interests of all shareholders.

Almost all the new laws have controls over the ability of residents to regulate the use of their personal data.

This IRS announcement indicated that its position will remain until a final rule is published by the Justice Department (DOJ) permanently excluding marijuana from Schedule I Controlled Substance status.

This summer 2024 edition of Employee Benefit Plans Alert focuses on the following topics: Stock Repurchase Excise Tax, Form 5500 Changes for 2023 Plan Year Reporting and Guidance on New Exceptions to the 10% Additional Tax under Section 72(t).

There can be major tax implications for both the buyer and seller based on the structure of a sale of a C corporation.

Program 485x is now included in the NY State 2025 Budget to help calm the crisis and boost incentive to build affordable housing again.