The most prominent tax characteristic of a partnership or LLC is that these entities are flow-through entities for tax purposes. Consequently, the entities do not pay taxes themselves. Rather, they report...
Hotel and hospitality acquisitions generally include additional operational concerns such as employee transitions, food and beverage operations, inventory, and guest baggage turnover, as well as franchise...
When drafting and negotiating an acquisition agreement, counsel should address potential issues arising from allegations of fraud to avoid potentially complex, time-consuming, and costly disputes after...
Understand the prescription drug discount program established under Public Health Service Act Section 340B. Read now » Related Content Life Sciences Post-Closing Price Reporting Covenant...
Do you need to understand how states are trying to protect employees from algorithmic and artificial intelligence (AI) discrimination? Read our newly published article, States Passing Laws to Prevent AI...
Executive Order 14210 issued by the Trump Administration calls for a "critical transformation of the Federal bureaucracy," which provides, among other things, submission of a plan by the Director of the Office of Management and Budget (OMB) to reduce the size of the federal government's workforce. An earlier executive order placing a hiring freeze for federal civilian employees requires that each agency hire no more than one employee for every four employees that depart. See The White House, Regulatory Freeze Pending Review. However, the order specifically states that such provision does not affect the standing hiring freeze under the earlier executive order as applied to the IRS, which states that the hiring freeze remain in effect for the IRS until the Secretary of the Treasury, in consultation with the Director of OMB and the Administrator of the United States Department of Government Efficiency (DOGE) Service (USDS), determines that it is in the national interest to lift the freeze.
Read now »
Related Content
Practical Guidance Updates Featuring the latest updates from your Practical Guidance account.
PRACTICAL GUIDANCE CUSTOMER EMAIL EDITION ON THE WEB
Experience results today with practical guidance, legal research, and data-driven insights—all in one place.Experience Lexis+
Review these newsletters to preview Practical Guidance coverage of recent legal developments in your practice area.
Practical Guidance customers who are logged in will be directed to the full linked content.
Not yet a Practical Guidance Subscriber? Sign up for a FREE seven-day trial here to access summaries of the linked content and gain access to full coverage during your trial.