Has your small business purchased life insurance on its owners as a succession strategy? It may be time to check the company’s buy-sell agreements and plan next steps with your advisors to avoid unexpected estate taxes! A common succession strategy for small closely-held businesses is for the company to buy life insurance policies on the life of…
Continue reading…Category: Media
PB Law’s Guide to the Corporate Transparency Act – CTA + BOI Reporting
The Corporate Transparency Act (“CTA”) took effect on January 1st, 2024. This new federal law likely affects you if: ❓ Not sure if this applies to you? Don’t know where to start? ❓ Check out PB Law’s Guide to the CTA + BOI to see if you’re impacted + what you need to do! 🚩👇 PB…
Continue reading…
PB Law Weekly Round Up! | What to Do (Today!) to Sell Your Business “Someday”…
Even if you’re nowhere close to thinking about retirement, there are things you can implement in your business right now to prepare for way down the road… * Bonus- for Law Firm Owners: building your firm with a goal to sell it someday
Continue reading…
Happiness Is…
The Atlantic’s In Pursuit of Happiness event kicks off on May 1st, 2022, to help people build more intentional and happy lives. Did you know you can register + attend virtually for free?! In Pursuit of Happiness 2022 Event – Arthur Brooks – The Atlantic: Drawing on our celebrated coverage of the practices and principles of happiness from the renowned social scientist…
Continue reading…
Tiffany Ballenger Floyd interview featured in Women’s Health Magazine
Check out the Women’s Health magazine interview with our own Tiffany Ballenger Floyd, where she discusses the importance of advance health care directives, Nov 2020! Thanks to journalist Amy Wilkinson, who was absolutely lovely to work with! Link to post
What the $2T Coronavirus Aid Package Could Mean for U.S. Small Businesses
Great breakdown on the details of the stimulus package for Small Businesses! Link to Post
Tax Update- 90-Day Reprieve on Income Tax Filings & Payments + PB Law Tax Cheat Sheets!
The 2020 tax season is underway, but millions of Americans have yet to start preparing their tax returns. Earlier this week, in response to the COVID-19 pandemic, Treasury Secretary Steven Mnuchin offered taxpayers a 90-day reprieve on paying their income taxes. As of Friday, March 20, the deadline to file tax returns has also been…
Continue reading…Phillips Ballenger’s Action Plan in Response to COVID-19
Dear Clients & Friends, We write to you today to update you with Phillip Ballenger’s action plan in light of the escalating spread of the novel Coronavirus. This situation is new & unique to all of us – our core values have guided us to the following decisions regarding how Phillips Ballenger will operate for…
Continue reading…Coronavirus Legal Advice: Get Your Business and Estate in Order Now
By H. Dennis Beaver for Kiplinger Click here to learn more and read more articles from the author. Estate planning attorneys are getting mobbed with questions. So, here is some timely advice from three attorneys on what families and business owners should be doing to prepare in case the unimaginable happens. The stock market has…
Continue reading…Kiva’s Message to Small Business Owners in the U.S.
Repost from Kiva.org: Small businesses are already being negatively impacted by the spread of the COVID-19 Coronavirus in the United States, including many members of the Kiva community. Whether it’s your favorite neighborhood coffee shop, your best friend who owns a storefront or a local grower you support at the farmer’s market, millions of American…
Continue reading…