2023 Nebraska Tax and Incentive Legislative Update: Nebraska Makes A Move To Improve Its Competitive Business Climate
In our "Nebraska Business Expansion Decision Guide," we identified the 22 State and Local Site Selection Features that we experience are most commonly considered by companies when deciding where to locate, or expand, a business. These 22 Features co ... READ MORE
Retirement Plan Enhancements On The Way
For many months Congress has been working on retirement savings enhancements that expand and build on the SECURE Act of 2019. Although multiple proposals are being discussed, which include SECURE Act 2.0, the RISE & SHINE Act and the EARN Act, I wil ... READ MORE
Organizing The Family: The Purpose And Operation Of A Family Office
After a matriarch and/or patriarch of a family (often referred to as the first generation or "G1") accumulates wealth, whether through closely held business arrangements or other investments, the G1 generation begins to consider how and in what form ... READ MORE
McGrath North COVID-19 Resource Guide
McGrath North is continuously providing important information for our clients and friends who are dealing with the implications of the novel coronavirus (COVID-19) pandemic. This page serves as a repository of all of our coronavirus information whic ... READ MORE
New IRS Retirement Plan Corrections For Overpayments And Other Errors
The Internal Revenue Service ("IRS") recently released Revenue Procedure 2021-30 (the "Updated Procedure"), providing some new guidance regarding recoupment of overpaid benefit payments and other plan failures. ... READ MORE
The COBRA Quandary: A Look Into How The Pandemic Took Plan Sponsors And Insurers For A Spin While Administering Continuation Coverage
It is no secret that COVID-19 has brought unprecedented hardship to the nation. In a race to provide relief to Americans during a time of crisis, the past year has involved numerous significant changes to employee benefits. ... READ MORE
Corporate Planning When Multiple Owners Are Involved
Stock restriction and buy-sell agreements are a critical element when organizing any business where multiple owners are involved. Generally, these agreements establish a procedure for purchasing a shareholder's interests when they die, become disabl ... READ MORE
Eighth Circuit Sides With Employer's Attendance Requirements In FMLA And ADA Case
An employer recently scored a win in the United States Court of Appeals for the Eighth Circuit when a unanimous three-judge panel concluded that the company did not violate the Americans with Disabilities Act ("ADA") or the Family and Medical Leave ... READ MORE
Parents: Why You Might Want To Consider Opting Out Of The Advanced Child Tax Credit Monthly Payments
Pursuant to the American Rescue Plan Act enacted earlier this year, the child tax credit was increased to $3,000 annually per child for children ages 6 to 17, and $3,600 annually per child for children under age 6 (up from $2,000 per child). ... READ MORE
