The start of a new year is the perfect time for New Hampshire employers to review their pay practices for compliance with state and federal wage and hour laws and
Ring in the New Year with an Internal Wage and Hour Audit
The Massachusetts Millionaires Tax
Massachusetts voters have approved a ballot initiative known as the “Millionaires Tax.” It amends the Massachusetts Constitution to impose an additional 4% tax on annual taxable income in excess of
Know the Law: Upstream Gifting
Q: What is Upstream Gifting and How Can it Minimize My Taxes? A: The average American is generally unconcerned with federal estate taxes because exclusions are historically high (in 2023,
Real Estate Tips for Pro Athletes
High net worth individuals comprise a core of McLane Middleton’s clientele, including a number of professional athletes. As has been well reported, many professional athletes have made questionable investments, including
The NBA’s Equity Portfolio Eyeing Growth
While the NBA has been acquiring equity stakes in companies since 2014, the NBA Board of Governors officially approved the NBA Equity division last December to ramp up the leagues
Bruins Hire Law Firm After Controversial Player Signing
Just a few weeks after the Boston Bruins’ controversial signing of Mitchell Miller, the team has engaged Paul, Weiss, Rifkind, Wharton & Garrison “to conduct an independent review of [its]
Know the Law: Best Practices for Student Athletes Pursuing Name, Image, Likeness (NIL) Deals in New England
Q: What legal issues should New England student athletes and their parents be considering and aware of when pursuing an NIL opportunity and reviewing proposed NIL agreements? A: Since the
Preparing to Sell – Initial Steps for a Successful Middle Market Transaction
Selling a business is not for the faint of heart. The mergers and acquisitions (“M&A”) process takes discipline and focus. It will be enormously distracting and will require significant management
Could the Washington Commanders Play in DC Again? There Are Some Legal Hurdles.
With rumors of Daniel Synder’s potential sale of the Washington Commanders running through the NFL, much of the gossip centers around possible buyers, including Jeff Bezos, two former suitors for
The Cybersecurity Risks Posed by Employee Benefit, Payroll Services
Employers commonly utilize online cloud services to administer employee benefits and payroll. Those services entail the collection and management of huge amounts of highly sensitive information about employees and their
My Spouse Lied . . . I Got The Recording to Prove It.
We live in a world that is captivated by technology. It is common for people to video tape accidents as well as normal daily activities. It is not surprising that
Cybersecurity for Employee Benefit Plans
The United States is experiencing waves of new cybersecurity regulations. Because cybercrime consistently grows in sophistication, cybersecurity must become a significant concern for all businesses and individuals. Employee benefit plans
Know the Law: Tax Planning and Gifting in 2022
Q: With the 2022 Midterm Election results still being finalized, I have seen various articles and commentary on whether people need to make gifts or engage in estate tax planning
Former MLB Player Yasiel Puig Pleads Guilty to Illegal Sports Betting
Former Los Angeles Dodgers superstar, Yasiel Puig, has found himself in hot water as the U.S. Department of Justice released information yesterday that the former MLB player illegally placed nearly
Another Pro Franchise is For Sale
As someone who’s previously been involved with professional sports franchise purchase and sale transactions, a couple of stories caught my eye last week. First, the National Hockey League’s Ottawa Senators
Getting to Closing: Steps to Prepare Your Practice for Sale
After experiencing the challenges posed by a global pandemic, a shortage of staff, “quiet quitting”, and non-stop tax, regulatory and compliance changes, many solo and small firm practitioners are considering