The most common form of employment in the United States is at-will employment. What does it mean for someone to be employed at will, and how does that affect businesses and their employees? Explaining At-Will Employment At-will employment is a type of employment where an employer agrees to pay an […] Read more »
Take Caution When Including Employees in Your Estate Plan
If you’re the owner of a small business, you may think of your tight-knit group of employees as a family. SmolenPlevy Principals Jason Smolen and Dan Ruttenberg say it’s critical to be aware of possible unintended tax consequences if you wish to include them as beneficiaries in your estate plan. Read more »
Dan Ruttenberg’s Early Take on the Paycheck Protection Program and How it Can Help Your Business During the COVID-19 Pandemic
SmolenPlevy’s Dan Ruttenberg says the Paycheck Protection Program (PPP) can be the lifeline your small business needs to survive the coronavirus pandemic. Among the highlights: it can cover two and a half times your average monthly payroll costs, including salaries, wages, retirement benefits, group health insurance and more. Even better: […] Read more »
In the Media: Scott Taylor Discusses The Role of an M&A Attorney in a Sale Transaction on the ExitReadiness Podcast
Published May 10, 2019 by Scott W. Taylor If you’re an owner who is selling your business, but have never sold a business before, you may have some questions about what professional advisors you need on your team. For any successful business sale transaction, you need a Mergers & Acquisitions […] Read more »
In the Media: Bank of America Spotlights SmolenPlevy’s Jason Smolen on the Need for Businesses to Have Counsel
A business can only be successful if it capably handles its legal issues. This is especially true for small businesses, according to Jason Smolen, co-founding Principal of SmolenPlevy, in a just published interview with Bank of America’s Small Business Community. Smolen stresses the importance of having a legal advisor for your […] Read more »
Succession Planning Equals Success
In this economy, having a succession plan could be a CEO’s saving grace. Jason Smolen, co-founding Principal of SmolenPlevy, says that not enough businesses have solid succession plans in place—and waiting until the last minute is the worst thing you can do for your company. Let’s look at the example […] Read more »
“Benefit” Corporations
Improving Society through Your Business Corporations have become the favorite target of pundits and critics recently. While some corporate practices may well deserve the censure, if you are considering incorporation or are already incorporated in Virginia, there is now an option available that emphasizes the good your company does for […] Read more »