By: Otto S.Shill, III, Member, Jennings Strouss As we approach the end of 2017, many uncertainties prevail in the United States tax system. Late last week, Congressional leaders proposed extensive tax reform legislation that has sparked sharp debates about rates, deductions, eliminating some taxes, and frankly, whether any of it can be…
By: Paul J. Valentine, Attorney, Jennings, Strouss & Salmon, P.L.C. Since the advent of the limited liability company, the C corporation has often been the ugly stepchild in choice of entity analysis. Yet, the Internal Revenue Code contains a little known provision that may make the C corporation more attractive. New ventures…
by Garrett J. Olexa, Member, Jennings, Strouss & Salmon, P.L.C. One of the many advantages of a revocable trust is that changes to a revocable trust can be easily made by amending or restating the trust instrument. When dealing with irrevocable trusts, however, the ability to effect change is often…
