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Who Benefits? The Corporate Transparency Act Requires Companies to Disclose Their Beneficial Owners Under New Federal Rules

Posted on February 3, 2023 by

To do business in Wisconsin, a business owner needs to file numerous documents with federal, state, and local governments. Congress recently added a new one. Under the Corporate Transparency Act, most corporations, LLCs, and similar company types doing business in the United States must file a report divulging the personal information of anyone who “controls” […]

IRS Releases Mileage Rates for 2023

Posted on December 29, 2022 by

The Internal Revenue Service issued the 2023 optional standard mileage rates today for computing the deductible cost of operating an automobile for business, charitable, medical, or moving purposes.  The most notable change is the three-cent per mile increase for businesses. Effective January 1, 2023, the optional standard mileage rates for the use of a car […]

LLCs: The Next Generation Under Wisconsin Law

Posted on October 6, 2022 by , , and

Under new Wisconsin laws coming into effect soon, some important rules governing how limited liability companies (LLCs) operate will change. This article will describe some of the key changes, what LLC owners need to be thinking about, and some approaching deadlines for those wishing to be governed under the “old” rules. The New LLC Law […]

Significant Changes to Medical Collection Debt Reporting: How Might it Affect Business?

Posted on July 27, 2022 by

In March of this year, the three major nationwide credit reporting agencies (Equifax, Experian, and TransUnion) announced there would be substantial changes to medical collection debt reporting coming this summer in an effort to help consumers faced with unexpected medical bills.  The changes will remove nearly 70% of medical collection debt tradelines from consumer credit […]

Pain at the Pump: IRS Announces Mid-Year Adjustment of Business and Medical Mileage Rates

Posted on June 9, 2022 by

Due to the increase in the cost of gasoline since establishing the 2022 rates last year, the Internal Revenue Service is increasing mid-year the optional standard mileage rates for computing the deductible cost of operating an automobile for business, medical, and moving expenses.  Effective July 1, 2022, the optional standard mileage rates will be 62.5 […]

Resolving Business Disputes

Posted on May 10, 2022 by

In a perfect world, business owners could spend all of their time and money focusing on a singular task:  running their business.  Despite the best laid plans, however, at some point ancillary concerns will arise and require—at least to some extent—that a business divert its resources to address and correct an issue.  One area of […]

You Developed a New Invention – How Do You Determine if it is Patentable?

Posted on April 27, 2022 by

An invention developed by a business or individual inventor may have great value to that business or individual, either through the commercialization of the invention or by licensing the invention to others in return for a license fee. That value is greater if the invention can be patented, which prevents competitors from manufacturing or selling […]

Wisconsin Offers New Safe Harbor for Old Access Rights

Posted on April 20, 2022 by

Over the past several years, many commentators, including members of this firm, have written extensively about the potential loss of recorded easement (or similar) rights due to the passage of time and lack of public notice.  Recently, the alarm was raised because of specific provisions within the Wisconsin Statutes that were read to deem easements […]

Increase in Gasoline Prices Means Increase in Optional Standard Mileage Rates for 2022

Posted on December 17, 2021 by

The Internal Revenue Service has announced the optional standard mileage rates for computing the deductible cost of operating an automobile for business, medical, and moving expenses for 2022, and the increased rates reflect the increase in the fixed and variable costs of operating a vehicle, primarily due to increased gas prices.  Effective January 1, 2022, […]

OSHA Updates Guidance on COVID-19 in the Workplace – Masking and Vaccines

Posted on August 17, 2021 by

On August 13, 2021, OSHA updated Protecting Workers: Guidance on Mitigating and Preventing the Spread of COVID-19 in the Workplace (Guidance) related to the COVID-19 vaccine and masking. The Guidance now incorporates the new CDC recommendations including: Wearing a mask in public indoor settings in areas of substantial or high transmission; Choosing to wear a […]