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Gift Tax Exclusion

Gift Tax Exclusion

On January 1, 2023, the federal gift tax exclusion increased dramatically by $860,000.00 or $1,720,000.00 for couples, for a total of $12.06 million. This could dramatically affect your giving, funding trusts and leaving inheritances to children and grandchildren....
Cyber Security for Your Business

Cyber Security for Your Business

Experts predict that the next wave of litigation against businesses may involve cybersecurity and the failure of businesses to implement pragmatic protections to avoid or minimize the theft or disclosure of private personal information (PPI) or confidential customer...
February Business Bytes

February Business Bytes

This month’s Business Bytes highlights insurance coverage, website terms and financial exploitation foiled by estate plans. Don’t Underestimate Insurance Coverage.  We advise our clients to always file a written claim with any carrier when an issue arises, as...
Selling a Small Business

Selling a Small Business

Selling a closely held small business or your interest in one is a challenge, requiring a different mind-set and skill set from operating the business. Identifying and approaching the most likely potential purchasers can be risky but also beneficial. Some potential...
January Business Bytes

January Business Bytes

Our January Business Bytes highlights american as antitrust, firearm regulation and snap chat class action lawsuit.  As American as Antitrust.  Major League Baseball’s statutory exemption from antitrust laws is again under attack, as it monopolizes professional...
Personal Data Dangers

Personal Data Dangers

Business journals and publications are replete with stories about businesses that collect, use, store or sell private information of employees, customers, consumers or third parties, and their paying substantial and possibly business threatening damages as a result....
December Business Bytes

December Business Bytes

Our December Business Bytes highlights your A.I phone system, virutal workplace accessibility and declaring and updating your insurance values.  Your A.I Phone System Can Get You Sued. The collection, storage, use, transfer and destruction of biometric information is...
Your Business’ Digital Assets

Your Business’ Digital Assets

As many of your business’ records and accounts are stored or accessed electronically, it is increasingly important to not only inventory, secure and protect these assets, but to enable your business or its successor to access them. Some steps to take include:...
November Business Bytes

November Business Bytes

This month’s Business Bytes highlighs reservation of rights, avoiding hack attacks and workplace satefy. Reservation of Rights.  While most states require your liability insurance carrier to defend you even if there is just an arguably covered claim alleged,...

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