Legal Watch

5 Reasons to Formally Dissolve Your Business Entity

Jun 29 2022

I have the privilege of representing business owners in many capacities. A favorite service that I provide to my clients is assistance with business formation. For most people, this is an exciting endeavor because they are starting a new business … →

Posted in Corporate, Legal Watch

Krista Kochosky Will Instruct Indemnity and Insurance Course

May 03 2022

Master the Ins and Outs of Indemnity and Insurance Coverage Krista Kochosky, who leads the Real Estate Practice at The Lynch Law Group, will join a panel of experienced commercial litigators to present the Pennsylvania Bar Institute Course, The Role … →

Posted in Continuing Legal Education Seminars, Corporate, Events, Legal Watch

Planning for 2022: Tax Updates for a Happy New Year

Dec 13 2021

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

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

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

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

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

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

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

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