Insights

The Tax Cuts and Jobs Act eliminates Section 1031 Exchanges for non-real estate transactions effective January 1, 2018. But you still have time to plan If you anticipated executing an early—2018 1031 Exchange with art, equipment, or other non-real estate investment assets. The Act includes a transition rule that allows…

If you own a closely-held business, it likely utilizes a “pass-through” S corporation or partnership tax classification. The owners pay income tax individually on pass-through entity income, whether or not the business distributes the income. C corporations are different. C corporations pay tax on their own income. The shareholders pay…

If the NLRB is Santa, then Santa just left employers a Millennium Falcon under the Christmas tree. One day after issuing two well-received pro-employer decisions, the NLRB overruled one of its most detested decisions from the last eight years, E.I. du Pont de Nemours, 364 NLRB No. 113 (2016), that…

Congress is set to pass the Tax Cuts and Jobs Act, which includes the most comprehensive changes to the federal tax law in over thirty years. We will provide insight regarding the new law in the coming days and weeks. In the meantime, here is a chart summarizing salient provisions in…

The new General Counsel for the NLRB recently issued a memorandum explaining that the NLRB would be moving swiftly to review several of the more controversial, and arguably anti-employer, decisions issued in the last eight years. On December 14, thirteen days later, on the third night of Hanukkah, nine days…