Insights

How to create and execute a family business succession plan

Semanoff Ormsby Greenberg & Torchia, LLC's Peter J. Smith talks about the difficulties of family business succession planning and what steps can be taken to improve the likelihood of a successful transition.

Proposed tax code changes will require adjustments, eventually

Effective tax planning often requires a fair amount of lead time for implementation and last ditch efforts in close proximity to the end of December can present formidable challenges. So keep an eye on tax reform efforts, but don't wait to do what needs to be done, says Kreischer Miller's Michael Viens, CPA.

What you don’t know about realty transfer tax could cost you

How realty transfer tax works, how it might apply to other real estate-related transactions, and the importance of hiring professionals to structure the most favorable terms, according to Catherine Marriott, a member of Semanoff Ormsby Greenberg & Torchia, LLC.

Your company tripped a bank covenant. Now what do you do?

Sometimes, despite everyone’s best intentions, companies fail to meet their bank covenants. When this happens, you should meet the situation head-on, says Kreischer Miller's David E. Shaffer.

How to protect sensitive information in the workplace

Semanoff, Ormsby, Greenberg & Torchia's Matthew Kelly highlights some of the ways businesses can protect sensitive information and how to best respond if that information is ever compromised.