FAMILY OFFICES AND THE CORPORATE TRANSPARENCY ACT
The Message Family offices, long a mainstay of privacy and secrecy in the world of family business activities, are now running headlong into governmental rules requiring disclosure of critical ownership…
Read more »THE FAMILY OFFICE “MINDSET” SHIFT
The title may puzzle some readers. Why would a “mindset” shift” be required of a wealthy family to form an effective, sustainable, single-family office? Here is why! Newly formed single-family…
Read more »COVID AND ESTATE PLANNING
So many things have taken a backseat to Covid during the last year that I was surprised last week by one that has not – estate planning. A contact reached…
Read more »PAYCHECK PROTECTION PROGRAM (PPP) 2.0
The economic fallout from COVID-19 has continued to wreak havoc with hundreds of thousands of small businesses shuttering their businesses. After months of Congressional wrangling, the recently passed 2021 Consolidated…
Read more »PAYCHECK PROTECTION PROGRAM LOAN FORGIVENESS: MY 24 WEEK COVERED PERIOD HAS ENDED OR ALMOST ENDED. WHAT’S NEXT?
The CARES Act’s PPP program put $525 billion into the hands of small businesses to retain and pay employees and to assist in paying rent and utility expenses during the…
Read more »COVID-19 START-UP AND SMALL BUSINESS UPDATE: MY PAYCHECK PROTECTION PROGRAM APPLICATION IS SUBMITTED, WHAT’S NEXT?
The CARES Act allocated $350 billion towards the Paycheck Protection Program (PPP). The government is working to approve an additional $250 billion for this program as the initial funding is…
Read more »COVID-19 DISASTER LOANS: HELP WITH PAYCHECK PROTECTION PROGRAM AND ECONOMIC INJURY DISASTER LOAN GRANTS
The Coronavirus COVID-19 has spurred the US Government to act with unprecedented speed with the signing of the CARES Act and a $2 trillion stimulus package to provide relief for…
Read more »THE OPERATING MANUAL FOR BUSINESS
There are a litany of books on businesses and how to run them. Reducing all that information to a sort of “how-to” or operating manual is not so common though….
Read more »SUCCESSION PLANNING AND THE NEW YEAR
Reflecting upon the events of 2019, I feel one of the most troubling was an event that occurred as a large project was coming to an end. As the project…
Read more »NEW DATA PRIVACY LAWS GREATLY INCREASE A COMPANY’S CYBERSECURITY EXPOSURE
On January 1, 2020, the California Consumer Privacy Act (CCPA) takes effect and most companies are not ready to deal with its impact on their businesses. This is largely because…
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