The Importance of Non-Disclosure Agreements for Employers
There are many reasons employers should consider the use of non-disclosure agreements (NDAs). Sometimes referred to as a confidentiality agreement, an NDA is a contract wherein the parties agree that certain facts are not to be discussed outside of certain circumstances. Types of NDAs There are three basic types of NDAs: Multilateral NDAs Bilateral NDAs Unilateral NDAs. Multilateral NDAs...Read More
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If You and Your Family Members Own Stock in the Same Corporation, This is What You Need to Know About the Tax Consequences of I.R.C. Section 318(a)(1)
Does the family that invests together stay together? Under Internal Revenue Code section 318(a), you might be taxed together. Or at least one of you might bear the burden for the entire family’s corporate stock investments. If you and your spouse and children all own stock in the same corporation, section 318 could lead to some surprises at tax time. What is Section 318 of the Internal...Read More
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