Small Business
What Nonprofits Should Know About Planned Giving
Planned giving, bequests, deferred giving, legacy gifts. They are all terms to describe the mode of donating through estate-planning vehicles such as trusts and wills. And during the current economic slowdown when a non-profit organization's donors may be reluctant to submit regular donations, instead of closing shop a charitable organization may want to establish a planned giving program to allow donors to leave a legacy of supporting a cause.
Noncompete Agreements: When are They Enforceable?
Many people who used to have jobs also have non-competition agreements in place with their former employer. The agreements themselves vary, as do the state laws determining their enforceability. For small businesses putting new non-competes into place and for those wondering whether they are bound by an old non-compete, here are the basics on when non-competes can be enforced.
Justice Department Promises Increased Enforcement of Tariff Collections
The U.S. Department of Justice (DOJ) recently announced plans to shift its MIMF (Market Integrity and Major Frauds) Unit, which had previously focused on money market and procurement fraud, into a new division tentatively called the Market, Government, and Consumer Fraud Unit. This group will focus on…
Treasury Department Won't Enforce Corporate Transparency Act
The U.S. Treasury Department announced in April that “domestic reporting companies” (companies formed in the United States) are now exempt from the Beneficial Ownership Information Report (BOIR) filing requirement under the Corporate Transparency Act. This is welcome news for business owners who want to maintain privacy and for others…
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Law and Daily Life
U.S. Braces for Shipping Chaos With Removal of 'De Minimus' Exemption -
Consumer Protection
Delta and United Airlines Face Class Action Suit for Windowless Window Seats