• Apr 06, 2018Milan Slak Presents Tax Webinar to NAILBA Members

    Milan D. Slak, a Member of Norris McLaughlin, P.A., was pleased to present a tax webinar for members of The National Association of Independent Life Brokerage Agencies at 10 a.m. Friday, April 6. Slak discussed the “New Section 199A Deduction for Domestic Qualified Business Income.” This webinar was aimed to help demystify the complexity of the new tax deduction and give participants a clear understanding of how to move forward.

    “Beginning in 2018, most individuals, estates and trusts too, may deduct up to 20% of certain domestic qualified business income from limited liability companies, partnerships, S corporations, and sole proprietorships. The deduction may be limited by the business’s Form W-2 wages, depreciable property, and the taxpayer’s taxable income. Also, the deduction may also not apply to income from certain service trades or businesses, in some cases,” Slak noted. But he did indicate that there are several ways to plan to maximize the new tax deduction.

    Slak focuses his practice on all areas of taxation, business law, and estate planning. He assists in the formation and organization of business entities, including S corporations, C corporations, limited liability companies, and partnerships. He works with clients to properly structure the governing documents for these entities and to minimize income, net investment income, and self-employment taxes. Slak earned his B.B.A., from University of Toledo, and his J.D. and LL.M of Taxation from Villanova University School of Law.

    Posted in: Milan D. Slak, News, Taxation | Tags: , , , , ,

  • Mar 02, 2017Charles Bruder & David Harmon To Present Webinar on Settlement and Severance Packages

    Charles A. Bruder and David T. Harmon, Members of the  law firm Norris McLaughlin, P.A., and Co-Chairs of the firm’s Executive Compensation and Employee Benefits Group, will present the webinar “Utilizing Settlement and Severance Packages” in conjunction with Lorman Education Services on Tuesday, March 21, from 1-2:30pm.

    Since employers, large and small, are dealing with more frequent changes in their employee populations than ever before, this webinar will help them understand key issues to address in a settlement or severance agreement to avoid litigation and that will benefit both the employer and the departing employee.  To learn more and to register, click here.  CLE, CPE, SHRM, HRCI, and NASBA credits are available.

    Bruder is experienced in all aspects of defined contribution and defined benefit plans, deferred compensation arrangements, stock option plans, employee stock ownership plans, and other incentive and equity-based compensation arrangements. He frequently counsels clients on plan qualification and administration issues, ERISA fiduciary matters, plan compliance issues, and employee benefits matters in the context of business reorganizations.  In addition, Bruder is knowledgeable in the handling of group health plans, cafeteria plans, and other health and welfare benefits arrangements. He is a frequent lecturer on employee benefits and has published articles in The Exempt Organizations Tax Review and New Jersey Law Journal and has been quoted in The Hedge Fund Law Report. Bruder received his LL.M., with distinction, from Georgetown University Law Center, his J.D. from Widener University School of Law, and his B.A. from LaSalle University.

    Harmon represents senior-level employees of both public and private companies in the negotiation of their employment packages and all associated agreements, whether at the commencement of the employment relationship or at termination.  His successful negotiation of employment and severance packages for clients includes employment and post-employment compensation, confidentiality, non-compete, non-solicitation, and garden leave covenants, the Protocol for Broker Recruiting, change of control provisions, and benefits and protections within the structures and strategies for those packages. Harmon’s representation also includes providing advice and counsel to employers in the negotiation of employment and severance packages with their employees, the design of human resources compliance programs, including employee policy manuals, and counseling and training concerning implementation of those policies. In 2012, Harmon launched his blog Transitions in Employment, which focuses on developments in executive compensation and employment law. Harmon is a member of the Business Law and Labor & Employment Sections of the New York State and American Bar Associations, and is a former member of the Board of Directors of the Wall Street Technology Association.  He received his J.D. from Syracuse University College of Law, where he was an editor of the Law Review, and his B.A. from Tufts University.

    Posted in: Charles A. Bruder, David T. Harmon, Executive Compensation and Employee Benefits, News | Tags: , , ,