Due to recent trends in the labor market, interest in offering equity compensation as a way to compete for and retain talent has grown quickly. Equity compensation is a payment in company equity typically granted to key employees and can act as a beneficial tool for companies looking to attract, […]
Publications
Taking Advantage of the Section 1202 Gain Exclusion
While the sale of a business can result in a healthy lump sum for successful founders and their shareholders, the sale often results in recognition of gain, which is subject to taxation. The potential tax liability on gain recognition is where Section 1202 steps in as a beneficial tax planning […]
A Long, Hard Road—Nebraska State Legislative Tax Update
Nebraska’s 2023 Legislative Session—Slow Going The 2023 Nebraska Unicameral Legislative Session attracted national attention on more than one occasion due to controversial bills, debates, and comments from senators. One senator’s statement that she would “burn the session to the ground”[1] over a controversial bill foretold of difficulties to come. Though […]
U.S. Supreme Court Upholds California’s Ability to Regulate Pork Shipped From Other States
In Nat’l Pork Producers Council v. Ross, the court rejected an industry challenge alleging that California’s animal-welfare law impermissibly regulated extraterritorial business operations. In 2018, the California Legislature passed Proposition 12. The proposition imposes standards on a number of products, including pork, as a condition of access to the California […]
NLRB ATTACKS NON-COMPETE AGREEMENTS
Federal legislative change typically means Congressional debate and approval. While the National Labor Relations Act (the “Act”) has been around since the 1930s, neither Congress nor the National Labor Relations Board (the “Board”) has ever sought to manage non-compete agreements through the Act. Historically, the enforceability of non-compete provisions has […]