September 23, 2019 | Business |

RI Creates New Tax Credit for Small Business Investment Companies

By : Joshua J. Butera

The Rhode Island General Assembly recently created a new program designed to promote private funding for Rhode Island small businesses. The program creates a tax credit for Small Business Investment…

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June 10, 2019 | Business |

New Deadlines Announced for Massachusetts Paid Family and Medical Leave Law

By : William F. Miller, & Patrick J. McBurney

In 2018, Massachusetts passed a new law that provides workers with paid family and medical leave (the “PFML Law”). With limited exceptions, it applies to most Massachusetts employers, large and…

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May 17, 2019 | Business |

Artificial Intelligence – What The Developing Landscape Means For Your Business

By : Kas R. DeCarvalho, &

The Artificial Intelligence (“AI”) industry is rapidly emerging as one of the most interesting new advancements likely to impact a broad array of industries. AI is well beyond the nascent…

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April 30, 2019 | Business |

A Primer on “Piercing The Corporate Veil” Decisions

By : Gary R. Pannone, &

The phrase, “piercing the corporate veil,” relates to a circumstance in which a claimant is attempting to hold individuals (shareholders or members) liable for the debts and/or obligations of the…

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March 25, 2019 | Business |

Business Succession Planning – What You Need to Know to Succeed

By : Gary R. Pannone, &

Business succession planning should be part of the overall business development strategy of any enterprise. Leaving it until it is too late may have negative consequences to the future of…

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January 22, 2019 | Business |

Sale of MA Cannabis Cultivator-Dispensary to National Firm is Worth Watching as Industry Consolidation Ensues

By : Benjamin L. Rackliffe, &

Cannabis industry watchers can expect that the tale of New England Treatment Access (NETA) – one of Massachusetts’ first registered marijuana dispensaries and a predominant player in the Commonwealth’s burgeoning…

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January 15, 2019 | Business |

RI Governor Announces Recreational Marijuana Legislation Forthcoming

By : Benjamin L. Rackliffe, &

Feeling the pressure from other New England states that have already implemented recreational marijuana programs or have signaled they will do so shortly, Rhode Island Governor Gina Raimondo announced that…

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January 3, 2019 | Business |

Responsibility for Corporate Misbehavior Shifts Under Trump Administration

By : James W. Ryan, &

This past September at the 5th Annual Global Investigations Review Conference (“GIR”), Deputy Assistant Attorney General Matthew S. Miner discussed recent changes in the Department of Justice (“DOJ”) policy regarding…

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December 14, 2018 | Business |

Strategies for Gifting Interest in a Closely Held Business to Charity

By : Jason S. Palmisano, &

Gifting interests in a closely held business can result in a significant planning opportunity for the right donor as well as a substantial benefit to a favorite charity. Consider the…

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November 16, 2018 | Business |

Heads I win, Tails You Lose! Reduced taxes payable by banks may increase interest costs payable by not-for-profits

By : John (Jay) R. Gowell, &

The tax reform enacted by Congress last year in the Tax Cuts and Jobs Act provided a nice tax break for businesses. Among other companies, banks have benefited greatly from…

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| Business |

Five 2018 Year-End Tax Planning Opportunities for Businesses

By : Jason S. Palmisano, &

As the year concludes, the focus for many business owners turns to tax planning given the numerous changes in the tax law under the Tax Cuts and Jobs Act of…

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October 26, 2018 | Business |

Time to Think About that Family Business Succession Plan

By : Jason S. Palmisano, &

The most recent PricewaterhouseCoopers U.S. Family Business Survey (2017) concludes that succession planning is a “perennial problem” for family businesses. Nearly one-third of family businesses have no succession plan at…

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October 6, 2018 | Business |

Rhode Island’s Industrial Hemp Program Commences This Month

By : Benjamin L. Rackliffe, &

Rhode Island has set its date to officially enter our nation’s burgeoning and highly profitable industrial hemp marketplace. On October 9, 2018, the Rhode Island Department of Business Regulation (DBR)…

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September 26, 2018 | Business |

Why Wealth Migration to Florida is Expected to Continue

By : Jason S. Palmisano, &

Wealthy individuals have been flocking to Florida for years. According to the website howmoneywalks.com, from 1992 to 2016, the IRS Division of Statistics, U.S. Census Bureau reported Florida gained $27…

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August 31, 2018 | Business |

New Massachusetts Law Limiting Employee Non-Compete Agreements

By : William F. Miller, &

After numerous failed attempts, the Massachusetts legislature has finally passed a new law limiting noncompete agreements between a company and its employees and independent contractors. The legislation was signed into…

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August 15, 2018 | Business |

Public Hearing Set for Tomorrow on Proposed Hemp Regulations by RI Department of Business Regulations

By : Benjamin L. Rackliffe, &

The RI Department of Business Regulations (DBR) will hold a public hearing tomorrow (August 16, 2016) at 10 a.m. on its proposed regulations for the state’s Industrial Hemp Agricultural Pilot Program…

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April 11, 2018 | Business |

Overcoming Obstacles to Success

By : Gary R. Pannone, &

If you are like me, you are always seeking tips on how to overcome challenges. When accelerating progress in your business and professional life, though, you want to avoid reinventing…

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April 5, 2018 | Business |

Insuring Accounts Receivable: A Quick Primer

By : Array, & Brian J. Lamoureux and

What do you do when your largest customer goes bankrupt? Panic? Probably. But, once the immediate panic subsides, some smart business owners call their insurance company and put in a…

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March 10, 2018 | Business |

Weddings are (Still) not an “Agricultural Operation”

By : Gary R. Pannone, &

The Rhode Island Supreme Court recently had the opportunity to review a 2014 amendment to the Right to Farm Act (the “RFA”) in The Gerald P. Zarrella Trust et al. v….

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