Succession planning is a critical aspect of managing small, closely held businesses, as the unexpected departure of a key leader can significantly disrupt operations and challenge the business's legal...
Entering into a letter of intent for an office lease agreement? Consult our playbook for valuable key provisions, alternative language provisions, and guidance for both landlords and tenants. Download...
In the complex world of M&A transactions, transition services agreements (TSAs) serve as critical bridges between deal closing and operational independence thus creating stability during organizational...
This practice note covers key legal and regulatory issues to evaluate, questions to ask, and documents to review in medical device or diagnostic technology deals, including M&A, investments, financings...
Tariffs are generally considered a regressive form of taxation—that is, a tax burden that falls more heavily on lower-income individuals than on higher-income individuals, relative to their incomes. When tariffs are applied, the cost of goods subject to the tariffs typically increases—unless absorbed in full by the seller. Since lower-income households spend a larger proportion of their income on goods and services, they are consequently more affected by price increases than higher-income households. By comparison, the federal income tax, to date, has been structured as a progressive tax—the tax rate that taxpayers pay increases as their incomes rise. Learn more about the current federal income tax structure and how it compares with the rates in previous decades.
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