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July 1, 2014

Merger & Acquisitions FAQ – July 2014

Q: What is the Additional Medicare Tax? A: Additional Medicare Tax went into effect in 2013 and applies to wages, compensation, and self-employment income above a threshold amount received in taxable years beginning after Dec. 31, 2012.  An employer must withhold Additional…

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June 1, 2014

The Good and Bad of the Family Limited Partnership: Part II

Introduction Last month, we went over the good side of creating an FLP or Family Limited Partnership.  This month, the Disadvantages and Conclusion to the article are discussed. Disadvantages Along with the advantages, there is a substantial downside, that downside…

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June 1, 2014

Merger & Acquisitions FAQ – June 2014

Q: I am planning on buying a large piece of equipment, is there any way I could deduct the cost of this equipment rapidly? A: Right now, no.  Unfortunately, Congress has failed to act in passing a new tax law for…

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May 1, 2014

Merger & Acquisitions FAQ – May 2014

Q: As an employer, am I required to pay my employees sick time, vacation, and otherwise supply them with paid time off? A: Under the Fair Labor Standards Act, there is no employer requirement to give employees paid time off. …

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April 1, 2014

Employees Have a Lot of Questions: Policy Handbooks Have Answers

Introduction Does your company have a policy handbook outlining the expectations of the company and employee conduct?  Whether your company is large or small, policy handbooks are a necessary instrument to your business. Policy handbooks save management time in resolving…

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