Silver Lining to Tax Cloud Hovering over Small Business Values

Tax changes kicking in for 2013 have deflated small business values, but there are more transactions as buyers hope to get a good price, according to a new study from BizBuySell, the online business-for-sale marketplace.

Brokers surveyed say they are currently seeing an increase in the number of deals being completed, compared to the same…


Financial Peace of Mind Newsletter, Vol. 2

The March 2012 Financial Peace of Mind Newsletter features articles from the Cassady Schiller Emerging & Established Wealth and Tax teams. David Cassady discusses the temporary opportunities to transfer wealth tax-free provided by Lifetime Gift Exemption. while Mike Hawkins reminds businesses of the vast opportunities presented by local, state, and federal tax incentives. Jeff Stautberg…


Worker Classification

Worker Classification Issues are a Top Priority on Washington’s Agenda. Since independent contractor classifications result in lower federal employment taxes for businesses, a worker’s classification has always been a contested issue between the government and business sectors. This is complicated by the vague classification process of a “facts-and-circumstances test”, based upon whether or not the business…

Three Percent Withholding and Job Creation Act

President Obama Signs Act Eliminating Three Percent Withholding Requirement and Enhancing Incentives for Hiring Veterans

On November 21, 2011, President Obama signed the Three Percent Withholding and Job Creation Act (Act) into law. The law repeals a requirement that 3 percent of payments be withheld by federal or state governments to any person for services…