By: Wayne Zell On Monday, September 13, the House Ways & Means Committee released a list of the tax proposals it plans to include in the legislative mark-up this week: Increase the top ordinary income tax rate to 39.6% Increase the top capital gains rate to 25%...
Year: 2021
House Democrats Ready Tax Hike Package (per Bloomberg News)
By: Wayne Zell House Democrats have drafted a tax plan that would make smaller increases to the corporate and capital gains rates than envisioned by the Biden administration. The Democratic proposal would raise the corporate tax rate to 26.5% from 21%, people familiar...
Can your estate plan support a loved one’s college education?
A college education is one important way for young people to invest in their future, and if you or a parent or grandparent you may want to set aside money to pay for your loved one’s college costs. However, not every plan provides the same protection and support. How...
Non-Compete Agreements
By Wayne Zell Non-compete agreements protect employers from losing valuable customers, trade secrets, and employees. Here's some basic guidance to make sure your agreement holds up in court. After losing scores of valuable customers, employees and trade secrets to...
Non-Disclosure Agreements
By Wayne Zell Non-disclosure agreements, or NDAs, are contractual confidentiality agreements. In these contracts, the parties to the contract promise to protect the confidentiality of information that is disclosed either during an employment or another type of...
5 ways to fund a new business
Any business requires the investment of time and money, and small business owners must often carefully consider the benefits and risks of their financing options when establishing a new business venture. How might business owners fund their new enterprise? Personal...
Protecting the inheritance of your underage loved ones
You want to provide for your family, and an estate plan is one important way to support them even if you cannot be with them. However, if your children or other loved ones are under the age of 18, they may not be legally able to inherit the assets you leave behind....
Who can sign a contract on behalf of your company?
Your company’s operation depends on the deals it makes, but who can sign those contracts? The answer depends on how your business is formed and the founding documents your company has in place. Who can sign on behalf of sole proprietorships and partnerships? Because...
Who is the right person to act as trustee for a special needs trust?
Establishing a special needs trust can be an important step toward providing for your loved one while maintaining their access to important benefits. However, choosing the right trustee for that trust is just as essential. Who should administer the special needs trust...
Non-Disclosure Agreements
Non-Disclosure Agreements By Wayne Zell Non-disclosure agreements, or NDAs, are contractual confidentiality agreements. In these contracts, the parties to the contract promise to protect the confidentiality of information that is disclosed either during an employment...
