June 24, 2025 Internal Revenue Code Section 1202: The Qualified Small Business Stock (QSBS) Exclusion Internal Revenue Code Section (“Code”) 1202 is a highly attractive tax incentive designed to encourage investment in small, growing businesses. It...
IRC 1031 Like-kind exchange By: Barry E. Haimo, Esq. June 19, 2025 What is a 1031 Like-Kind Exchange? At its core, a 1031 exchange, named after Section 1031 of the Internal Revenue Code, allows you to defer capital gains taxes and recapture and depreciation taxes when...
Understanding the Value of Succession Planning and Why You Need an Outside Perspective By: Barry E. Haimo, Esq. May 23, 2025 If you run a business, you know the importance of planning ahead. Every business sees changes, whether it’s from week to week, season to...
Recently we took a bit of a deep dive into litigation, covering the process in general and then taking an expanded look on why you probably want to avoid it in most instances. One of the ways you do that? By engaging in alternative dispute resolution. What exactly is...
What Do Attorneys, Business, and Computer Science Have in Common? By: Barry E. Haimo, Esq. August 3, 2022 Please allow me to introduce myself. My name is Barry E. Haimo. I help families plan for an protect their estates and businesses. It’s only fair. Everyone...