by Lauren OlánEmployee Retention Credit
By Lauren Olán, Esq, LLM There are a lot of companies that have popped up recently promoting Employee Retention Credit (“ERC”) refunds, and in a frenzy to get to market, have contacted many companies to harvest ERCs, many times with little to no regard to whether the taxpayer qualifies. In this article, we unpack the rules, which are complex, to help taxpayers understand if they qualify...
by Sarah FrazierThe Inefficient Revenue Service
By Sarah Skinner, Esq, LLM and Lauren Olan, Esq The formation of the Bureau of the Internal Revenue Service (later renamed the Internal Revenue Service in 1953) was a seemingly very permanent solution to the temporary problem of funding the Civil War. It became a staple of US government overreach and granted the ability to serve as the judge, jury, and executioner for all things tax, an...
by Sarah FrazierInflation Reduction Act of 2022: Energy and Climate Provisions
By Sarah Skinner, Esq, LLM andGregory Bryant, Esq., CPA On August 7, 2022, the Senate approved the Inflation Reduction Act of 2022 (“IRA”). Besides addressing the federal deficit,this sweeping package also includes provisions to combat climate change, lower healthcare costs, and raise taxes oncertain corporations. This article is the first of several that BILTgroup will post addressing the...
by Sarah FrazierDoes Your Company Need a Full-Time, In-House Lawyer?
THE SHORT ANSWER: IT DEPENDS. Unless you are in a very controversial business with considerable legal risks, the answer is probably “No.” The right fit is likely to be outsourcing. Outsourcing General Counsel has Three Main Advantages for Your Business. 1 Outsourcing General Counsel is Cost-Effective. Depending on your corporate situation, the volume of legal work may not be enough...
by Greg BryantE-Commerce in the USA – Navigating to Success
Even prior to the pandemic, the e-commerce industry was growing fast. E-commerce companies further thrived in 2020 as stay-at-home orders, mask mandates, and other pandemic-related anxieties pushed US consumers online with higher frequencies. In fact, Digital Commerce 360 estimates that the pandemic accelerated the e-commerce industry by two years1. We are finding more companies who have been...
by Sarah FrazierHow does FDA Approval Affect the Issue of Employer Mandated Vaccinations?
On August 10, 2021, we published our article “Can You Require Your Employees to be Vaccinated?” which concluded that Title VII and the ADA do not prevent employers from making vaccination a job requirement. However, for employees with a medical reason or a legitimate religious issue, the employer is bound to make reasonable accommodations (i.e. find suitable means to allow the employee to...
by Sarah FrazierCan You Require Your Employees to be Vaccinated?
By: Sarah Skinner, Esq, LLM THE SHORT ANSWER: YES. Currently, Title VII and ADA do not prevent employers from making vaccination a job requirement. If an employee has a medical reason to not be vaccinated, the employer must make “reasonable accommodations” for that employee. This is also true if the employee has legitimate religious issues. Reasonable accommodation requires the...
by Greg BryantDisagree with Dignity and Respect
By Gregory Bryant, Esq/CPA I recently got into a text discussion with a former client and colleague. He is a brilliant radiologist and was posing the question, “Why don’t people follow the science and get vaccinated….?”, to which he then explained why the science says that makes sense. His explanation was very clear and convincing. But, I thought I would venture an...
by Greg BryantManaging Tax Change
Tax systems change, and we are going through a significant period of change now. The conventional wisdom in my career, now approaching 40 years, is that structures have to adapt and change every 5-years to avoid becoming obsolete and inefficient. In my experience, it is not quite that bad, but at least every 8-years. When I started my career, the Federal US corporate tax...
by Greg Bryant