Understanding Non-Competes and Their Tax Implications in Texas
Understanding Non-Competes and Their Tax Implications in Texas
Non-compete agreements can be confusing and there is tax planning you should have in place when you enter into one. We’ll break it all down for you.
Non-compete agreements are commonplace these days, particularly if you’re selling a business. But these agreements can be a little confusing or murky when we apply them in real life. How and when are they enforceable? Should I agree to a non-compete, and what terms are standard?
Board-certified Tax & Estate Planning attorney John Strohmeyer is joined by business litigator Zach Wolfe, who will help us understand how non-competes are used and structured (especially in Texas), and in turn, John will illuminate some of the potential tax consequences of non-compete agreements.
Connect with Zach on LinkedIn here: https://www.linkedin.com/in/zachwolfelaw
End-of-Year Strategies for Irrevocable Gifting Trusts
As the year draws to a close, there are some crucial actions to take with an irrevocable gifting trust.
What to Do If You Receive an IRS Letter
Receiving a letter from the IRS might send shivers down your spine. So what's your first step? Is it always a cause for alarm? Let's walk through what you should do.
Why You Need a Trademark
We'll explain the the four main areas of intellectual property for business owners, why trademarks are crucial, and how to get your marks registered.
