Connelly v. United States: Business Impact

…the Internal Revenue Service (IRS). Business owners and their advisors should carefully review existing shareholder or buy-sell agreements to avoid similar unintended consequences. In the Connelly matter, the existing buy-sell…

H.R.1 Insights: Tax Free Tips and Overtime Provisions

…listed by the Internal Revenue Service (IRS) as customarily and regularly receiving tips will qualify. The deduction phases out for single taxpayers with modified adjusted gross income over $150,000, and…