News & Content

New IRS Form 1099-NEC

The Protecting Americans from Tax Hikes (PATH) Act of 2015 changed the due date for filing any Form 1099 that includes nonemployee compensation (NEC) and removed the automatic 30-day extension. Since this created different Form 1099-MISC due dates, depending on whether NEC was reported, the IRS created a new Form 1099-NEC beginning with the tax

EEOC Guidance for Employer Vaccination Policies

As COVID-19 vaccinations are underway in the United States, companies should be reviewing their policies to prepare for when the vaccine is available to the general public. Many are wondering about mandatory vaccination policies and exceptions for employees. In December, the EEOC issued new guidance for employers around COVID-19 vaccinations. So, can an employer require

SEC Modernizes and Expands the Definition of “Accredited Investor”

Many investments are open to anyone. For example, if you open a brokerage account, you can invest in publicly-traded stocks without qualifying as a special type of investor. In the private world of investment, however, many investments are not available to the general public. Specific guidelines separate “accredited investors” from the general investing public. You

Practical Tips for Implementing a Flexible Time Off (FTO) Policy

Most business leaders know that a number of companies (particularly large technology-based businesses) have been experimenting with a different way of managing paid time off (PTO). Rather than allocate a fixed number of vacation or personal hours according to length of employment and tied to compensation, companies are offering a self-managed, flexible benefit. Employees are

Does Your Company Need Cyber Insurance?

If your business processes personal information—and especially health information or nonpublic financial information—you should consider cyber insurance. The kind of technological attacks previously confined to movie plots are now frighteningly common in the real world. As the number of people conducting business activities at home on their own devices has significantly increased during the pandemic,

The Potential Impact of PPP Loans on M&A Deals

In March 2020, Congress passed the Coronavirus Aid, Relief, and Economic Security Act (the CARES Act). Among other things, the CARES Act established the Paycheck Protection Program (PPP) through the Small Business Administration (SBA), which provided potentially forgivable loans to eligible small businesses facing economic hardship, largely for the purpose of retaining U.S. employees on

Philanthropic financing makes solar energy projects accessible to community nonprofits.

Financing is often the biggest barrier to small commercial solar projects, in particular those in the non-profit world. Philanthropic SEPA financing provides an exciting opportunity for nonprofit organizations to reap the benefits of solar power. And for environmentally-focused donors, their giving is doubly impactful. This funding model makes community nonprofits more financially sustainable while reducing our dependence on nonrenewable

Leading During COVID-19: Brainstorms & Business Development

This week on Trusted Counsel’s podcast show In Process: Conversations about Business in the 21st Century, Managing Partner, Evelyn Ashley and Partner John Monahon lead a new podcast series on leading during COVID-19. Their first guest was Jane Gentry, CEO of Fusion, an experiential and trade show staffing company. When the Corona virus hit, Fusion’s

Information Security in the new Remote Working Environment

By Michael R. Jones, Attorney The new reality of COVID-19 has forced millions of Americans to suddenly have to work remotely. According to the video conferencing service Zoom, in December, 2019 it had approximately 10 million users. For the month of April, that figure went up exponentially to more than 300 million users. This spike

Leading Business Transformation Initiatives in 2020

This week on Trusted Counsel’s podcast show In Process: Conversations about Business in the 21st Century, Managing Partner, Evelyn Ashley and Partner John Monahon speak with Alan McKeon, President and CEO of Alexander Babbage. Fifteen years ago McKeon bought a market research company focused on shopping centers. Shortly thereafter, he recognized an opportunity for growth

Is Your Website Compliant With the Americans With Disabilities (ADA)?

Every day, individuals with disabilities use the Internet and frequently struggle with navigating non-ADA -compliant websites. As a result, they don’t purchase services or products, and businesses lose potential sales. It’s up to businesses to be educated on ADA requirements and ensure their websites are indeed compliant. Fortunately, there are several organizations that can assist

Leading Business Transformations and Getting it Right!

In today’s business environment, change is happening faster than at any time in history and smart organizations know their competitive edge and success comes through transformation. We spoke with Dan Dreschel, Senior Vice President of BIP Capital, a venture capital firm based in Atlanta about his experience as the lead investor overseeing Saas, fintech, and

Is Your Business Ready to Sell? (Part VI of VI) with Aprio

This week on “In Process: Conversations about Business in the 21st Century,” we continue our third annual series of podcast episodes dedicated to the topic of preparing to sell your business. In our final installment of our six-part podcast series, Managing Partner, Evelyn Ashley of Trusted Counsel and Partner, John Monahon, speak with Michael Levy,

Is Your Business Ready to Sell? (Part V of VI) with Wilmington Trust

This week on “In Process: Conversations about Business in the 21st Century,” we continue our third annual series of podcast episodes dedicated to the topic of preparing and selling your business. In this fifth installment of our six-part podcast series, Managing Partner, Evelyn Ashley and John Monahon, Partner of Trusted Counsel speak with Alvina Lo,

Is Your Business Ready to Sell? (Part IV of VI) with Trusted Counsel

(PART IV OF VI): GETTING YOUR LEGAL HOUSE IN ORDER This week on “In Process: Conversations about Business in the 21st Century,” we continue our third annual series of podcast episodes dedicated to the topic of preparing and selling your business. In this fourth installment of our six-part podcast series, John Monahon, Partner of Trusted

Press Release

TRUSTED COUNSEL ATTORNEY, VALERIE BARTON CERTIFIED TO ASSIST COMPANIES WITH ADVANCE PLANNING TO INCREASE VALUE ON A SALE WITH PRESTIGIOUS CERTIFIED EXIT PLANNING ADVISOR® DESIGNATION Trusted Counsel (Ashley) LLC and The Exit Planning Institute (EPI) is pleased to announce that Valerie Barton, a corporate, mergers & acquisitions attorney with Trusted Counsel, is now a Certified

Is Your Business Ready to Sell? (Part III of VI) with Executive Peter Paglia

(PART III OF VI): SELLING THE EXTERNALLY FUNDED COMPANY This week on “In Process: Conversations about Business in the 21st Century,” we continue our third annual series of podcast episodes dedicated to the topic of preparing and selling your business. In this third installment of our six part podcast series, John Monahon, Partner at Trusted

Is your business ready to sell? (Part II of VI) with Trey James

(PART II OF VI): AN ANATOMY OF THE SALE PROCESS; CO-FOUNDER & CEO OF A MANAGED NETWORK SERVICES COMPANY, XCENTRIC, DISCUSSES THE BUSINESS SALE EXPERIENCE This week on “In Process: Conversations about Business in the 21st Century,” we continue our third annual series of podcast episodes dedicated to the topic of preparing and selling your