Are your company’s supervisors current on the latest and most effective management strategies? Do IT staffers have the most advanced knowledge about cybersecurity and network administration? If your workers could use upgraded skills and fresh, professional knowledge, you might want to pay to educate them with tax-advantaged education benefits. You can do this through a  Continue Reading »

Bohac v. Benes Serv. Co. In this case, the Supreme Court of Nebraska affirmed, vacated in part, and reversed and remanded with directions. The holdings of the Supreme Court included: (1) The district court erred in its determination of fair value (FV) in allowing discounts; and (2) the disallowance of attorney’s fees was affirmed. After  Continue Reading »

Many existing businesses pivoted from their regular operations into a different enterprises during the COVID-19 pandemic. For example, a distributor of consumer goods may have shifted into medical supplies to help fill a void. Interestingly, some businesses that moved emerged in better shape than before the pandemic. Entrepreneurs who launched new business ventures within the  Continue Reading »

State Route 00700, Section 21H v. Bentleyville Garden Inn, Inc. The jury’s verdict in the eminent domain trial could not stand because the jury relied solely on the valuation of the PennDOT’s expert, “which was incompetent.” He limited the damages to the partial taking property and did not consider the after-taking damages to the remaining  Continue Reading »

How would you feel about taking a cross-country road trip without knowing the amount of gas in your tank, engine temperature, or oil pressure? That’s why you have an instrument panel on your vehicle’s dashboard. Your business can have a dashboard, too, that features critical performance indicators (KPIs). However, if they’re too complicated to create  Continue Reading »

Collins v. Tabs Motors of Valley Stream Corp. Tabs Motors of Valley Stream Corp. (Tabs), respondent and third-party plaintiff, sought to enforce a shareholders agreement through specific performance. This decision addressed only the counterclaim of Tabs against the petitioners and its third-party claim against co-executors of Connie Collins Estate (Estate).  Background. Tabs is a family-owned  Continue Reading »

The Consumer Price Index covers food, clothing, shelter, fuels, transportation, doctors’ and dentists’ services, drugs, and other goods and services that people buy for day-to-day living. Over the last year, consumer prices rose 7.9%, according to the latest data from the U.S. Bureau of Labor Statistics. This is the highest 12-month increase since 1982. Increases  Continue Reading »

SL EC, LLC v. Ashley Energy, LLC The matter at hand was a motion to exclude rebuttal testimony of Barton DeLacy regarding a sale transaction of a historic steam power plant in downtown St. Louis. For the reasons described below, the motion was denied. Background Plaintiffs/counterclaim defendants brought this lawsuit against counterclaim plaintiffs, including claims  Continue Reading »

If you own a small or medium-sized business, it may be eligible for significant tax breaks that aren’t available for larger entities. Here are three examples to consider as you file your tax return for 2021 and plan for 2022. QBI Deduction The qualified business income (QBI) deduction was a centerpiece of the Tax Cuts  Continue Reading »

Mohen v. Mohen The appellate court (AC) vacated the trial court order (TC) that erroneously charged the husband with $4,360,158 in unaccrued interest on marital assets that the husband fraudulently dissipated from the marital estate. This altered the equitable distribution, so the case was further remanded to the TC to issue a new order per  Continue Reading »