ESTATE PLANNING FOR FAMILY HELD BUSINESSES: AN UPDATE ON THE NEW IRS PROPOSED REGULATIONS TARGETING “DISCOUNTING”

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02/20/2017Herman, Patrick W.

Last August, the IRS launched its latest offensive against parents who want to transfer closely held family-owned business interests to younger family members free from estate tax. Here is the typical scenario: Mom and Dad inherited and then successfully grew a small business, “Soup to Nuts”, a small town hardware store with a small bakery… Read more »

“ALTERNATIVE” DISPUTES RESOLUTION: THE MEDIATION AND ARBITRATION OPTIONS

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02/10/2017Lowenstein, Neil S.

Disagreements are always best resolved at the earliest stage. Construction disputes are no exception to that, and the earlier the better. Unresolved disputes can adversely affect not only the time and cost of performance; but also, and sometimes worse, relationships. And while the best dispute is one that never occurs, construction disputes can happen even… Read more »

U.S. Department of Labor Issues final Rule on Mandatory Paid Sick Leave for Federal Contractors

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02/10/2017Bibeau Anne G.

In September 2016, the U.S. Department of Labor (DOL) issued its Final Rule implementing President Obama’s Executive Order 13706, “Establishing Paid Sick Leave for Federal Contractors (EO).” The EO requires that for federal contracts issued on or after January 1, 2017, federal contractors and subcontractors must provide their employees “not less than 1 hour of… Read more »