Tag Archives: Employment Law

Tax-Advantaged Exit Strategies: Employee Stock Ownership Plans

Employee Stock Ownership Plans (ESOPs) can be a fantastic tax-advantaged tool for selling your business or for transferring a family company to younger generations while avoiding gift and inheritance taxes. ESOPs are a kind of tax-qualified retirement savings plan whereby … Continue reading

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Service & Restaurant Employee Wages: Avoid Labor Law Litigation

Restaurants and other service-based businesses benefit from an exception to state and federal minimum wage laws, allowing employees who receive tips for their services to be paid less than the $7.25 federal minimum.  In Texas, “tipped employees” may be paid … Continue reading

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