Successful companies make significant investments in their employees in the form training, relationships, sharing confidential or proprietary information and other resources. If all goes well, a company’s employees can become valuable assets. As such, an employer should protect the value of its “employee” assets, just…
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One would be hard-pressed to find someone unaware of the McDonald’s Monopoly Sweepstakes. In 1987, McDonald’s began offering Monopoly game pieces with every purchase made during the sweepstake’s period. Some game pieces were “instant winners” (entitling the customer to free menu items, like a McFlurry…
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In honor of Valentine’s Day, I’d like to share a twist on a classic love story – two young, naïve individuals meet, find they have common interests, and start dreaming about their future. Eventually, these like-minded individuals decide that they are ready to take…
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Effective as of tax years beginning in 2018, the rules for how the IRS audits companies taxed as partnerships will change dramatically. As many business owners may recall from reading client alerts and news articles over the past couple of years, the Bipartisan Budget Act…
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The Great American Solar Eclipse is scheduled to cross through the United States from coast to coast on August 21, 2017. Solar eclipses occur when the moon moves between the Earth and the sun, which causes the shadow of the moon to be projected…
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When a new business is formed by two or more owners, just like a new marriage, the participants often are so enamored with the new endeavor that little attention is given to the possibility that their union may one day come to an end. Careful…
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Late this past summer, the State of Missouri enacted legislation permitting the formation of a new type of entity called a “Series LLC” in Missouri. By way of background, in 1996, Delaware was the first state to enact a Series LLC statute, and since that…
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