Generally, no. Most states provide procedures for forming a private foundation and receiving exemption from state income taxes.

The following is an excerpt from Ice Miller's Business Transition Strategies to Preserve Wealth Guide, which provides insights on a variety of topics to help ensure a smooth business transition.

In one case, the Supreme Court provided guidance regarding the impact of TTAB rulings in subsequent district court litigation.

The Internal Revenue Service recently announced its annual cost of living adjustments for calendar year 2021.

At the end of 2021, the IRS released new federal tax withholding election Form W-4P (for periodic payments) and Form W-4R (for nonperiodic payments and eligible rollover...

Downtowns across the country are in a period of intense soul-searching, grappling with the long wake of the pandemic, the legacy of social unrest and the uncertain future posed by remote work.

The Federal Trade Commission signaled its desire to regulate, and prohibit, noncompete agreements in decisions announced on January 4, 2023. The FTC announced legal action against three companies...

As many governmental employers know, Rev. Proc. 2007-44 sets forth the rules and procedures for individually designed qualified plans to apply for determination letters under staggered 5-year remedial amendment cycles.

On March 15, 2022, the Indiana legislature passed legislation that revises the Indiana Worker's Compensation Act in three ways

In response to the COVID-19 pandemic, state agencies involved in the administration of workers' compensation claims altered or changed course entirely with regard to the use of electronic means...

Motor vehicle accidents cause the largest proportion of serious and fatal workers' compensation claims. Consider implementing the following to reduce your risk...

Food industry companies requested the extension citing the need for more time to retrain staff, design new menus, and to develop new information systems to assist in efficiently complying with the rule.

Digital design and 3D printing are opening up many new doors in the world of prosthetics and are providing thousands of amputees' with new options to recover what they have lost.

DOL asserts its historical wage methodology has potential to undermine wages of U.S. workers and has led to abuse of visa programs.

Onstage at TED2015, Joseph DeSimone, CEO of Carbon3D and professor at UNC-Chapel Hill, explains that what we think of as 3D printing is actually just 2D printing over and over...

On Oct. 2, the Court of Common Pleas of Lorain County, Ohio issued a decision in the local lodging tax case involving the City of Avon.

Based in California, Divergent Microfactories is working to create a cleaner, more efficient manufacturing paradigm based around 3D printing, for the benefit of the auto industry.

The following is an excerpt from Ice Miller's Business Transition Strategies to Preserve Wealth Guide, which provides insights on a variety of topics to help ensure a smooth business transition.

On October 21, the Internal Revenue Service announced its annual cost of living adjustments for calendar year 2023.

The following is an excerpt from Ice Miller's Business Transition Strategies to Preserve Wealth Guide, which provides insights on a variety of topics to help ensure a smooth business transition.