Internet Law and Business Blog

Jenkens & Gilchrist will close and pay a $ 76 million civil fine for promoting tax shelters that were allegedly fraudulent. According to the U.S. Internal Revenue Service (IRS), nearly 1,400 individuals received incorrect advice from the Dallas law firm. Some clients have apparently sued the firm for damages incurred because of the [...]

The Dallas Business Journal reports that the Texas Stampede, benefiting the Children’s Medical Center of Dallas, is in the bottom two (2%) percent of charities as ranked by Charity Navigator. According to the ranking data, 72.9% of the money raised went to pay for fundraising and administrative expenses.
This begs the issue of how effective charity [...]

Business brokers think this will be a great year for purchases and sales of businesses. One of the factors cited is Baby Boomer retirement. This will only increase during the next several years as they look to cash out their equity in small businesses to fund retirement.
If you’re considering buying one [...]