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October 25th, 2024
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The Americans with Disabilities Act and the Rehabilitation Act (applicable to federal employees) prohibit an employer from discriminating against a qualified individual on the basis of disability. A “qualified individual” is someone who, with or without reasonable accommodation, can perform the essential functions of the employment position that the individual holds or desires. One form […]
October 24th, 2024
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As your business engages in its ordinary course of activities, various types of contracts such as engagement letters, vendor service agreements and consulting agreements will be negotiated and entered into. Though these contracts are often standardized and include boilerplate language, many terms remain negotiable and clients may push back on certain clauses. While the terms […]
October 23rd, 2024
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With college costs continually rising, families are looking at all possible ways to save money to pay for secondary education for their child. One potential way is with a Code Sec. 529 account. Brian T. Whitlock explains what Code Sec. 529 accounts are, the benefits and pitfalls the account could have, and helps you determine […]
October 21st, 2024
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In an effort to increase transparency and deter money laundering specifically in the residential real estate sector, FinCEN has announced a final rule (the Residential Real Estate Rule) focusing on non-financed sales of residential real estate that avoid the scrutiny from financial institutions that already have anti-money laundering and countering the financing of terrorism (AML/CFT) […]
October 10th, 2024
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On April 23, 2024, the U.S. Department of Labor (“DOL”) announced an update to the Fair Labor Standards Act overtime rule (“Overtime Rule”) which has substantial payroll implications and requires employers’ immediate attention. The DOL’s update to the Overtime Rule increases the salary threshold for exempt employees – those working in professional, executive, or administrative […]
October 2nd, 2024
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I received an e-mail from a client this morning. Does it make sense to start a foundation? How much would I need to put in it? It is a great question. Here was my response: Economically, it does not make sense to start a foundation with less than $10 million. There are legal fees to […]
September 26th, 2024
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In the last two decades, Latin music has experienced an unprecedented surge in global popularity. Genres like reggaeton, Latin trap, and bachata have transcended cultural and linguistic barriers to become mainstream sensations. Artists such as Daddy Yankee, Bad Bunny, J Balvin, and Karol G have cemented Latin music’s place in the global music landscape. Latin […]
September 25th, 2024
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For most companies, whether they know it or not, innovation is their lifeblood. Whether a highly technical company or a “mom and pop,” solving problems quickly and thoroughly leads to longevity. The opposite is also true. Taking too long to solve a problem can be the bane of a company’s existence and ultimately lead to […]
September 18th, 2024
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For something as final as a “last will and testament,” it surprises many of our clients that an estate plan can become stale years after the client signs it. But an estate plan is a living, breathing organism (much like our clients who haven’t needed to use their estate plans yet). An estate plan requires […]