Firm News

by: Wayne Zell The legislative proposal approved by the Ways and Means Committee last week limits the application of the 75-percent exclusion and 100-percent exclusion rules (Section 1202) to taxpayers with adjusted gross income (“AGI”) of less than $400,000. The...

By: Wayne Zell Here is a more thorough analysis from the Joint Committee on Taxation report of the tax provisions in the Ways and Means Markup released Monday, September 13 relating to estate tax, capital gains, grantor trusts and valuation discounts: With respect to...

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%...

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...

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...

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...

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...

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...

Family Limited Partnerships and Limited Liability Companies By Wayne Zell A partnership is an agreement between two or more people to either preserve money or make money by joining together in a business venture to try to make a profit. There are all kinds of...

By: Wayne Zell, Esq. A new D.C. law, which will be effective around October 1, 2021, prohibits employers from requiring or requesting that any covered employee sign an agreement that includes a non-compete provision, and renders all non-compete provisions entered into...