Main Menu
Posts from August 2016.
Posted in Litigation

Background

On Jan. 20, 2016, the Indiana Supreme Court issued an Order establishing the Indiana Commercial Court Pilot Project, and on April 27, 2016, the Court adopted Interim Rules for the administrative handling of cases. Citing “legal consistency” at the time it published Interim Rules, the Supreme Court indicated its view that establishing commercial courts in Indiana ...

Retaliation claims are asserted most often in charges filed with the EEOC and, consequently, pose a growing threat to employers.  Here are quick links to new EEOC Guidance, as well as some advice for actions employers should take to minimize the risks in this area.

In the latest development, the U.S. Equal Employment Opportunity Commission (EEOC) issued its final Enforcement Guidance ...

Posted in Tax and Finance

The IRS issued new guidance on August 26 revising its annual list of areas in which the IRS will refuse to issue taxpayer letter rulings (so-called “no-rule areas”). At the beginning of each year, the IRS publishes a list of some 125 specific areas, 12 general areas and other matters for which it will not ordinarily issue a private letter ruling (“PLR”) or determination letter to ...

Posted in Estate Planning

In the new Legal Forum Column, Steven R. Wilson discussed new proposed IRS regulations. Read his advice below and don’t miss our monthly Legal Forum Column in Louisville Business First.

Question
How will the new proposed IRS regulations related to valuation discounts impact my business planning?

Answer
For decades, small business owners have utilized valuation discounts to ...

For better or for worse, the global economy increasingly depends on trade between countries. Even for small- and medium-size businesses, growth might require entering foreign markets, which can bring all sorts of unexpected challenges. To exploit those new opportunities successfully, American businesses must confront unknown cultural norms and traditions, and navigate ...

Wage and hour lawsuits are very popular with plaintiffs’ employment lawyers these days. Under the Fair Labor Standards Act (FLSA), the general rule is that, if an employer "knows or has reason to believe" that employees are working overtime, they must be paid the overtime rate. For employers in Kentucky, Ohio, Tennessee and Michigan, i.e., states inside the area covered by the Sixth ...

Posted in Estate Planning

For decades, small business owners have utilized valuation discounts in order to minimize estate and gift taxes while at the same time providing for an orderly transition of ownership and management to the next generation. The way it worked was simple; the business was placed into a family limited partnership or recapitalized with controlling and non-controlling interests. The ...

RSS RSS Feed

Subscribe

Recent Posts

Categories

Contributors

Archives

Back to Page