Business Law

The Tax Cuts and Jobs Act (TCJA) led to the creation of a 20 percent tax deduction for pass-through businesses. The term “pass through” refers to businesses that account for tax obligations through the owner’s personal income tax filings. Although in...

“No Sesame. All Street.” That is the tagline for a new movie starring Melissa McCarthy. The plotline takes viewers into a world were humans and Muppets live side by side. Ms. McCarthy is a detective assigned to a murder case involving a villain killing of...

Shareholders Agreements are essentially contracts between the shareholders of a business. Contracts can include a variety of provisions and these provisions can help reduce the uncertainty of an outcome during a dispute.Although each Shareholder Agreement should be...

The Supreme Court of the United States (SCOTUS) has taken into consideration the application of a state sales tax for online transactions in South Dakota v. Wayfair.SCOTUS has answered this question in the past. In 1992, the court addressed a similar issue in Quill...

What exactly is compensation? Generally, when we think of compensation in a business setting we think of a paycheck or direct deposit amount. The Supreme Court of the United States (SCOTUS) will soon hear a case that asks whether or not this definition should extend...

A successful business plan must account for a number of business practices, including tax planning. It is wise for entrepreneurs to revisit their business tax plan on a regular basis. However, this is particular true in 2018 due to recent tax law changes.Will the new...

Business owners are familiar with the need to analyze the risk-benefit ratio before moving forward with a transaction. An important part of this analysis is a full understanding of the components of the proposed transaction. Taking the step towards incorporating a...

There are many different business practices that can reduce tax obligations. Recent changes in the law can impact the impact of various practices. One specific question involves the impact of recent changes on the pass-through deduction. This piece focuses...

Contracts are fundamental to business operations. As a business owner, you may have contractual obligations with a wide range of entities, such as your co-owners, shareholders, vendors, commercial landlord, local zoning authority, and state and federal tax...

Here at , we assist new businesses in Houston, across Texas and beyond in all legal aspects of formation. One important consideration is whether the owners should sign a buy-sell agreement to plan for the transfer of an owner's portion of...