Navigating contracts can be a complex journey, which requires vigilance to ensure the agreements safeguard rights and reduce risks. It is crucial to have counsel review contracts to create a comprehensive understanding and avoid unforeseen [...]
As we continue our journey of growth and evolution, it becomes increasingly important to reflect on the core values that define our firm and drive our success. At the heart of our practice, we hold [...]
The Internal Revenue Service (IRS) has recently disclosed the annual inflation adjustments for the year 2024, affecting the lifetime estate and gift tax exclusion as well as the annual gift tax exclusion, among other parameters. [...]
What is a Registered Agent? A Registered Agent is a designated entity or individual chosen by a business, such as an LLC or C Corp, to receive legal notifications, government communications, and compliance-related documents on [...]
At Burkhalter Law, our guiding principles are not simply an abstract concept; they form the very bedrock of our practice. They are the driving force that propels us forward, shaping our decisions and actions. These [...]
Since its emergence, OpenAI's ChatGPT has underscored the imminent encroachment of AI across all sectors. Even beyond tech, industries worldwide are exploring AI's potential for enhancing products, reducing costs, and staying competitive. Construction, in particular, [...]
What is a Buy-Sell Agreement? A Buy-Sell Agreement is a legally binding contract that outlines the procedures for transferring a partner's ownership stake in a company under various circumstances, such as death. Typically, it dictates [...]
Effective January 1, 2024, significant changes in financial reporting requirements are set to affect businesses in the United States. These changes revolve around the reporting of beneficial ownership information (BOI) to the Financial Crimes Enforcement [...]
The Buy America initiative, a vital part of President Joe Biden's $1 trillion infrastructure program, seeks to boost domestic manufacturing and job growth by increasing the use of American-made products in federally funded projects. The [...]
Brain Burkhalter, Principal and Managing Partner at Burkhalter Law, has been selected as a Fellow of the Construction Lawyers Society of America (CLSA). The CLSA describes itself as an invitation-only, global honorary association of top-tier [...]
The existing federal gift and estate exemption thresholds remain in effect until the conclusion of 2025, but there are motivations to review your estate and tax plans earlier. Starting on January 1, 2026, the present [...]
