Blogs

Business and Financial Services

LLC Ownership Structures Explained

Choosing the right ownership structure for your Limited Liability Company (LLC) can have a significant impact on how your business operates, its tax obligations, and its growth potential. LLCs are known for their flexibility compared to other business structures, which is why they’re popular among entrepreneurs and established business owners alike. But with this flexibility…

December 27, 2024

Construction

What to Expect When You’re Inspecting

Buying or selling a house is a monumental milestone, often accompanied by a mix of excitement and anxiety. Among the many steps in a real estate transaction, home inspections play a critical role. For buyers, these inspections offer an opportunity to understand the condition of the property they are purchasing, while sellers must prepare for…

December 11, 2024

Construction

Powering the Future: Data Centers, Energy Innovation, and Economic Growth

As the global demand for data processing and storage surges, the data center industry continues to play a critical role in shaping the future of technology, energy, and economic development. Recent trends and local developments highlight the interconnectedness of data centers, renewable energy solutions, and urban planning. Data Centers as Drivers of Energy Innovation Major…

December 9, 2024

Divorce and Family Law

Dividing Complex Assets in a Divorce: The Role of Forensic Accountants in High-Asset Divorces (Part 1 of 3)

Welcome to our three-part series on navigating the complexities of high-asset divorces. In cases involving significant financial holdings, retirement accounts, and high-value personal assets, achieving a fair division often requires an expert in forensic accounting or valuation issues. Certain assets, such as financial accounts, debt accounts, or assets bought or sold near in time have an value which is easily established. Other assets, such as businesses or real estate (residential or…

December 9, 2024

Business and Financial Services

Corporate Transparency Act is Blocked by Texas Federal Court

UPDATE – 12/10/24 After initial publication and contrary to the information below, FinCEN has now updated their website indicating reporting companies were not required to file at this time and that entities will not be subject to liability for failure to report during the injunction. The relevant section states: While this litigation is ongoing, FinCEN…

December 5, 2024

Construction

Understanding Proffers in Land Development: A Balanced Perspective

Proffers, a central component of land use and zoning approvals, are commitments made by developers to address the impacts of their projects on surrounding communities. While these commitments are typically voluntary, they are binding and aim to mitigate concerns related to infrastructure, environmental preservation, and public services. Proffers are often a source of sensitivity, as…

December 3, 2024

Employment Law

Understanding Schedule F: What It Means for Federal Employees and Contractors

The concept of “Schedule F” in federal employment was a topic of considerable discussion in the run-up to the 2024 presidential election, raising questions about its implications in 2025 and beyond for federal employees and contractors. This blog provides an informational overview of Schedule F, its potential impact on the federal workforce, and considerations for…

November 27, 2024

Employment Law

DOL’s 2024 FLSA Overtime Rule Blocked by Texas Federal Court

On November 15, 2024, the U.S. Department of Labor’s 2024 Fair Labor Standards Act (“FLSA”) Salary Basis Rule (“2024 Rule”) was vacated by the United States District Court for the Eastern District of Texas. The 2024 Rule, which was finalized by the DOL back in April and became effective on July 1, 2024, raised the…

November 22, 2024

Divorce and Family Law

Co-Parenting Under One Roof: Is Staying in the Marital Home the Right Choice?

Divorce is one of the most challenging experiences a family can face, especially when children are involved. One question that often arises is whether both parties should remain in the marital home during the separation and divorce process. Not only does a decision to move out of the marital home carry both emotional and financial implications, but it can also have legal consequences that divorcing spouses must carefully consider. Why Some Parties Choose to Continue to Live in the Marital Home…

November 22, 2024

Employment Law

Mental Health Crisis Management for Employers

Employee mental health support is no longer just an option—it’s a necessity. With mental health challenges on the rise, employers must be prepared to handle crises effectively and compassionately. Managing mental health crises with sensitivity and compliance is a win-win not only benefiting affected employees and also safeguarding the employer from potential legal risks. This…

November 19, 2024