News & Insights
Congress Gives First Hints of New Tax Bill
Jason Smith, Ways and Means Chairman, has taken to the media to start stumping and communicating priorities and positions for the eventual tax bill coming from Congress. Here are a few things I’ve heard consistently throughout the final week of...
The Stowers Doctrine: Upholding Fairness and Diligence in Texas Insurance Claims
The Stowers Doctrine is a legal principle unique to Texas that holds insurance companies accountable for handling settlement offers fairly. This principle originated from the landmark 1929 case G.A. Stowers Furniture Co. v. American Indemnity Co.,...
Texas Governor Calls for Cyber Command
During his annual State of the State address on Sunday, February 2nd, Texas Governor Greg Abbott revealed plans to establish the Texas Cyber Command, which will be based in San Antonio. This new command will develop a strategy to tackle the state's...
Corporate Transparency Act Update: Reporting under the CTA is still paused due to a second nationwide injunction. FinCEN clarifies that it cannot currently enforce BOI reporting, making filing of BOI reports voluntary at this time.
On Friday, January 24, 2025, the Financial Crimes Enforcement Network (“FinCEN”) issued the following Alert regarding the current state of filing requirements under the CTA: In light of a recent federal court order, reporting companies are not...
President Biden’s Last Minute Executive Order on Cybersecurity Faces Uncertain Future
On January 16, 2025, during his final days in office, former President Joe Biden signed Executive Order 14144, “Strengthening and Promoting Innovation in the Nation’s Cybersecurity.” EO 14144 introduces cybersecurity standards for federal...
President-Elect’s Pick for FTC Chair Is Not a Fan of the FTC’s Nationwide Rule Banning Non-Competes
President-elect Donald Trump's announcement that he intends to appoint Federal Trade Commissioner Andrew Ferguson to chair the Federal Trade Commission ("FTC") may lead to a status change regarding the FTC’s recent nationwide ban on noncompete...
Choosing Between C Corp and S Corp: Making the Right Decision for Your Business
There are many scenarios in which a business leader might reevaluate a company’s corporate tax structure, including tax planning purposes, planning for growth, or seeking investment. We have found that many of our business clients are...
Why Use Signal for Encrypted Text Messaging
What is WhatsApp and Signal? Like the vast majority of people over the age of 16, you’re either reading this on your mobile phone, or have it within arm’s reach. That’s not an accusation, just the reality of modern life, and we all find ourselves...
Texas Federal Court Halts Implementation of Corporate Transparency Act
In a preliminary victory for privately held companies, the United States District Court for the Eastern District of Texas, Sherman Division, has ruled that Congress lacks the power to essentially override state laws that permit nondisclosure of...
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