Final Four Fun!
Bankler team and friends joining in the fun at the Final Four in San...
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Is Your Family Business Failing to Innovate?
Family businesses are typically slow to embrace change, which is a fatal liability these days. A failure to innovate is a significant reasonfamily businesses don’t make it past the first or second generation. Working with closely held family businesses throughout the...
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Cash Payments Can Trigger IRS Trouble
What do $600, $5,000, and $10,000 have in common? They’re specific payment amounts to a person or business that can trigger IRS reporting requirements. Ignore those triggers, and someone (either the payee or the recipient, depending on the trigger) could face steep...
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IRS Facial Recognition Snafu Is a Wakeup Call
It’s not the first time the IRS has backed away from a terrible idea after public outcry, but it is one of the more confounding instances. Last November, the IRS announced that it would require a live video selfie through facial recognition technology to authenticate...
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When Business Matters Are Settled in Family Court
There are business disputes, and then there are family business disputes. This one-word difference can lead to a world of legal complications. Conflicts in a family business can instantly turn a business court case into a family court case. Take the classic case of...
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