Nonprofit entities do a lot of good work in Indiana communities—providing a variety of services such as healthcare, housing, and education; funding grants and scholarships; and bringing citizens together in common causes. The tax benefits allocated to nonprofit organizations by the Internal Revenue Service (IRS) and the State of Indiana […]
The Indiana Business Entity Harmonization Act, Senate Enrolled Act (SEA) 433, was passed by the state legislature in 2017 and became law on January 1, 2018. If you are starting a business or managing business transactions in Indiana, the provisions of the law should be noted and discussed with an […]
The federal opportunity zones program offers tax benefits to entrepreneurs and investors who direct their efforts and funding to designated areas—qualified opportunity zones (QOZs)—that could benefit from an economic boost. It’s a unique concept with significant potential for investors and the communities the program aims to revitalize. In Indiana, Indianapolis […]
If you are thinking of merging with another company and wondering if you need a Carmel Fishers merger attorney to help you, the answer is yes! A merger is a legal consolidation of two entities into one. Upon the vote of shareholders, two companies convert their stock to those of […]
Owning a business in Indiana can be extremely rewarding. It’s a milestone that many Hoosiers dream of but many fewer reach. Of those who achieve the dream of business ownership, even fewer are able to sustain the company they create in the long term. If you are considering starting a […]
Many Americans dream of owning their own business. Far fewer take action and make that dream a reality. Of those who do take the leap, about 50 percent are still in business after five years. A lot of factors determine which businesses survive and which don’t; planning well and seeking […]
Are you the victim of a fraud? Did your financial advisor, broker, or agent promise returns, but now he won’t call you back, or he keeps telling you he’ll have the money next week? What should you do? First, gather your records. Financial institutions do not keep records forever. In […]
Did you invest in a “non-traditional” investment? Did you “loan” money to a business? If so, you might have purchased a security. The definition of a “security” includes all of the traditional investment options that most people think of like stocks, bonds, and transferable shares. But, there are two types […]
The Indiana Court of Appeals in R.L. Turner Corp. v. Wressell, 44 N.E.3d 26 (Ind. Ct. App. 2015) held that an employee was entitled to three (3) times the employee’s unpaid wages, which totaled $13,060.14, and $99,870.00 in attorney’s fees for an employer’s failure to pay the wages due. Under […]
The Indiana Court of Appeals issued an opinion on Tuesday applying the legal doctrine of judicial estoppel to prevent a defendant from litigating the issue of his claimed ownership in a multi-million-dollar construction company because he failed to list his claimed ownership as an asset in his previously executed divorce […]