In late August, the Defense Department, General Services Administration, and NASA published a new rule and guidance implementing Executive Order 13673, Fair Pay and Safe Workplaces. The rule goes into effect on October 26, 2016. One positive outcome of the comment period, the required disclosure reporting will be limited to one year and will be phased in over a three-year… Continue reading Contract with the DoD, GSA or NASA? Make sure you review the new “Fair Pay” rule!
In early August, the IRS proposed a regulation, that if adopted as written, will have a significant (possibly up to 50%) increase in the transfer of closely held business interests in the gift and estate tax contexts. The proposed “look back” period is three years, so if you’ve used marketability or “control” as a basis for… Continue reading Proposed regulation will likely raise taxes on closely held business interest transfers
Check out my latest article, Common Mostly (Legal) Mistakes Startups and New Businesses Make, published by the Fort Worth Business Press.
When in the Course of human events, it becomes necessary for one people to dissolve the political bands which have connected them with another, and to assume among the powers of the earth, the separate and equal station to which the Laws of… Continue reading IN CONGRESS, July 4, 1776. The unanimous Declaration of the thirteen united States of America,
Lately, I’ve been getting a lot of questions about trademarks so I thought I’d provide a few answers here just in case you have the same questions: I’m just a small business why do I need a trademark? Even though you may only be operating in a limited market or geographic area, the ever-shrinking global marketplace requires… Continue reading Does your small business need trademarks?
Partners in Texas partnerships beware! In a recent opinion, the Texas Supreme Court held that the limitations period against a partner, individually, generally does not start until after the final judgment against the partnership is entered. What that means to you: If you’re a partner in a general partnership and you haven’t been personally named… Continue reading In a Partnership? Your Liability Might Last Longer Than You Think It Does
Those of you outside of the Dallas-Fort Worth Metroplex might not be aware of an Arlington woman’s lawsuit against the publisher of the ‘Fifty Shades of Grey’ trilogy (the “50 Shades Case”). In a recent decision, a Texas trial court found in favor of the Arlington-based Plaintiff (no amount awarded yet, that’s the next step in the suit). You can… Continue reading Three Lessons from the ‘Fifty Shades of Grey’ Lawsuit