Legal Watch

Planning for 2022: Tax Updates for a Happy New Year

Dec 13 2021
wooden blocks showing transition from 2021 to 2022

With a new year approaching, the IRS has released 2022 figures for the federal lifetime gift and estate tax exemption, as well as the annual gift tax exclusion and others. Despite concerns that President Biden will significantly reduce the federal …

Posted in Estates and Trusts, Legal Watch

Tax Update: The Build Back Better Act

Nov 17 2021
u.s. capitol

The Build Back Better Act was recently narrowed by President Biden. On October 28, 2021, House Bill H.R. 5376 lowered the originally proposed $2.1 trillion tax increases to $1.85 trillion.   Recently, the House of Representatives issued new draft legislative text. …

Posted in Legal Watch

Pennsylvania Decennial Reports Are Now Due: Does Your Company Need to File? 

Nov 15 2021
hands signing document

In the Commonwealth of Pennsylvania, corporate entities are not required to file annual reports. They are required, however, to file a decennial report during the calendar year 2021. What is a Decennial Report? The decennial report is a report filed …

Posted in Corporate, Legal Watch

New EEOC Guidance Helps Employers Navigate Religious Exemptions to Vaccine Policies

Nov 15 2021
Vial of COVID-19 Vaccine

On October 25, 2021, the Equal Employment Opportunity Commission (EEOC) updated its employer guidance regarding COVID-19, “What You Should Know About COVID-19 and the ADA, the Rehabilitation Act, and Other EEO Laws,” by adding Section L, which addresses questions relating …

Posted in COVID-19 Updates, Labor and Employment, Legal Watch

Three Essential Steps to Business Succession Planning: Step 1

Nov 15 2021
dart on bullseye

What is business succession planning? If you have been actively involved throughout your career in building your business and overseeing its continued success, thinking about retirement can call for answers to difficult questions. Your situation may involve a child who …

Posted in Business Succession Planning, Estates and Trusts, Legal Watch

Three Essential Steps to Business Succession Planning: Step 2

Nov 15 2021
group in professional attire reviewing documents in meeting

There are three essential steps to developing a business succession plan. Define your long-term personal and business goals. Develop a management plan for the business. Design an estate plan that transitions ownership of your business and meets your goals. In …

Posted in Business Succession Planning, Corporate, Legal Watch

Choice of Law and Choice of Venue | Contract Issues for Small Business Owners

Nov 05 2021
contract series graphic

In this multi-part series, we highlight key contract issues for today’s business owners, including: The Indemnification Clause Insurance Provisions Warranty Language Choice of Law and Choice of Venue Choice of Law You have most likely seen both “choice of law” …

Posted in Corporate, Legal Watch, Litigation

Warranty Language | Contract Issues for Small Business Owners

Nov 04 2021
contract series graphic

In this multi-part series, we highlight key contract issues for today’s business owners, including: The Indemnification Clause Insurance Provisions Warranty Language Choice of Law and Choice of Venue Warranty Language Warranties should be crafted specifically for the needs and desires …

Posted in Corporate, Legal Watch

The Lynch Law Group Named To 2022 Best Law Firms

Nov 03 2021
Best Law Firms 2022 award

The Lynch Law Group has been named to U.S. News and Best Lawyers’ 2022 edition of “Best Law Firms.” The Firm’s Real Estate and Family Law practices were named to the Pittsburgh Metropolitan Tier 2 category. Its Commercial Litigation practice was selected to …

Posted in Announcements, Awards, Legal Watch

Insurance Provisions | Contract Issues for Small Business Owners

Nov 03 2021
contract series graphic

In this multi-part series, we highlight key contract issues for today’s business owners, including: The Indemnification Clause Insurance Provisions Warranty Language Choice of Law and Choice of Venue Insurance Provisions in Commercial Contracts In this article, we provide overall tips …

Posted in Corporate, Legal Watch