How are Subchapter S Corporations Taxed? Subchapter S corporations are not taxed on income at the corporate level. Instead, net income (or losses) are allocated to the shareholders in proportion to each shareholder’s share ownership, and then each person is…
What are Subchapter S Corporations, and What Owners are Eligible? Perhaps you are starting a business, and have heard about a popular type of business entity known as a “subchapter S corporation.” What, you may wonder, is a subchapter S…
Mediation is a process whereby a third party – called the “mediator” or “neutral”- works with opposing parties in a dispute or litigation to try to help the parties resolve their matter prior to trial. The mediator is not a…
Are you (or your clients) involved in business litigation? In many cases, the best course of action will be to identify the issues and facts, and then to use mediation in an attempt to resolve the business matter before costs…
How Does a Mediation Work? Getting Ready for a Mediation In order to be maximally effective, parties to a mediation should spend ample time preparing for the mediation. This means the following: Determining the bottom line. For most disputes, such…