The extended July 15 deadline for filing your 2019 federal income tax return is behind us. Now it’s time to think about your current federal tax situation. Tax planning is especially complicated for 2020. There are a lot of moving pieces: The COVID-19 pandemic has caused some people to lose their jobs or take pay […]
Employers that hire foreign workers may have a hard time filling certain job slots soon, if recent action by the Trump Administration survives legal scrutiny. The affected foreign workers are those who have been able to come to the United States using several categories of work visas. In late June, President Trump signed an executive […]
M&A Tiger Alliance, a group of experienced environmental, transactional, real estate, tax, intellectual property, and securities lawyers, have joined to handle domestic U.S. and international transactions virtually and seamlessly. Norman Bernstein, a long-standing IR Global member and environmental lawyer based in New York, led the formation of the Alliance that now includes the following IR […]
On Wednesday, July 15, 2020, Virginia’s Governor Ralph Northan announced the commonwealth’s adoption of an emergency temporary standard (“ETS”) on infectious disease prevention. With that, Virginia became the first state in the nation to promulgate a mandatory safety regulation designed to prevent and/or reduce COVID-19 infections in the workplace. The Virginia Department of Labor and Industry’s Safety […]
If you’re a business owner, do you have a plan in place that names who’ll follow you as head of your company? You may feel you’re too busy running the business today to waste time on long-term plans that seem so distant. But there may be more reasons than you think to make decisions, some […]
Today, many people sell homemade products online or work on some unincorporated sideline venture outside of their regular day jobs. Such activities can generate extra spending money. This can be especially helpful for retired people and stay-at-home parents — or for those who been laid off or taken a pay cut, during the COVID-19 crisis. […]
It’s the workplace version of road rage: An employee claims harassment or discrimination by a supervisor. The manager denies the charge and says the employee is a troublemaker. In the interests of peace, the company transfers the complainant to another job. Next thing you know, the firm is slapped with a lawsuit charging that it retaliated […]
The phrase “two heads are better than one” can apply to corporations and their intellectual property. When two or more companies agree to share their intellectual property for mutual benefit, the payback can be considerable. Not only can collaboration result in additional revenue, it can also create more intellectual property that can further benefit all parties […]
For some employees, working from home is a personally liberating experience that contributes to greater productivity. For others, not so much. By now, if you have had a significant number of employees doing their jobs from home, you may have enough experience to assess whether remote working arrangements are a net plus for your business. […]
The COVID-19 crisis has taken a toll on many small businesses. But some winners are expected to emerge from the wreckage. Unprecedented steps will be taken to guard against health risks from COVID-19 and whatever might come along next. The new normal will create new opportunities. Small businesses that can respond to those opportunities will […]
Let’s say your company has detected internal fraudulent activity, fired the employee involved and documented the findings. Now, you would like to pursue criminal charges and potentially receive restitution. How do you present the case to law enforcement? Consult with your attorney and consider taking these six steps: Organize Files This may sound simple and obvious, […]
The answer is C. The term force majeure is French for “an act of God.” Force majeure clauses in contracts are usually applicable to performance failures caused by: Natural disasters such as earthquakes, hurricanes, floods, tornadoes or fires caused by lightening. Wars, riots or similar events. Consequences that are outside the control of one of the contracting parties […]