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If you make over $400,000 a year or have a sizeable estate, you may be worried that taxes could go up soon. Although it’s hard to say what Congress might do, increases in capital gains taxes and estate taxes, along with a reduction in the estate and gift tax...
What happens if you are injured in a car accident, but the at-fault driver doesn’t have enough insurance to cover your losses? Your own auto insurance policy pays -- to the limit of the policy. In Texas, a certain amount of uninsured/underinsured (UM/UIM) coverage is...
If you’re running a business during this pandemic, you’ve probably already had to pivot once or twice. You may have had to figure out how your employees could get the same work done from home. Or, you may have had to switch to an online model of sales. Perhaps you...
If you are planning to start a business with one or more others, you are probably deciding whether to set it up as a limited partnership or a limited liability company (LLC). Each has some advantages and disadvantages, but in most cases, we recommend the LLC option. A...
These days, there may be businesses available for purchase at bargain rates. If you have the capital to invest wisely, you can get a business that is fundamentally sound but was crippled by the pandemic. Today could be a great time to buy, but you shouldn’t assume...
If you’re trying to operate a business in this environment, you may be rightfully concerned. The pandemic and the associated economic downturn have made things tough for many going concerns. Surprisingly, however, these events have spelled opportunity for those with...
According to a recent poll by the U.S. Chamber of Commerce and MetLife, most small business owners in the U.S. think the worst effects of the coronavirus pandemic still lie ahead of us. Half of the respondents said they will close permanently if the business...
It can take years to build a business up from a garage-based effort to a going concern. For many, all that hard work was paying off until the Coronavirus pandemic came along. For the past months, you may have been relying on loans, forbearances, rolling up your...
The Racketeer Influenced and Corrupt Organizations Act, or RICO, is a federal law meant to fight organized crime. It has a criminal component that is often used to prosecute the mafia and drug traffickers. It also has a civil component that allows private citizens to...
In Texas, non-compete agreements generally prohibit former employees from entering into direct competition with their former employers for a certain period of time.These restrictive covenants have long been popular for certain industries when they hire oexecutives and...