Business Law Articles
What business entertainment expenses are deductible?
As a general rule, you can deduct 50% of what you spend on business entertainment on your federal taxes. Although the IRS is very strict about requiring you to document the expenses and their business purpose, it can be surprisingly generous about what counts as a business expense.
Businesses can’t agree not to ‘poach’ employees
It might be tempting to informally agree with other business owners in a niche field not to poach one another’s employees, but it’s illegal – and recently, some businesses have paid a high price. For example, the Department of Justice went after several tech companies that allegedly had an informal “no-poach” understanding. The employees themselves […]
Estate Planning Articles
The advantages of making a list of assets and debts
Have you ever considered writing down a list of all your assets (with account numbers, passwords, and so on), as well as debts and recurring payments? Making such a list and putting it in a secure place can be a godsend if something ever happens to you and you become incapacitated, because your family will […]
Charitable donations from your IRA could save taxes
Congress has revived a law that lets you make charitable donations directly from your IRA, which might provide you with some significant tax advantages. The “IRA charitable rollover” was discontinued at the end of 2014. But Congress has now resurrected it, made it permanent, and also made it retroactive to the beginning of 2015. If […]
