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Proposed SAFE Banking Act Would Have Positive Effects on Legal Cannabis Industry

This advisory contains analysis of draft legislation that has not been passed by Congress or signed into law. On February 13, the House Financial Services subcommittee held its first hearing on a draft bill that could have...more

Three Little-Known Features of Seattle’s Head Tax

Seattle has passed an employee hours tax, commonly referred to as a “head tax,” which takes effect in 2019. Most are aware that the tax affects corporations, LLCs and LLPs with annual revenues in excess of $20 million...more

The Family Business Constitution

Family businesses are complicated, and the roles that family members play in them usually evolve from non-planned events and circumstances. When conflicts arise in a family business, they are often more complex and difficult...more

Earn-out Pitfalls for Business Owners

Recently, a couple of business owners received an offer to buy their company. The potential buyer proposed paying 25% of the Company’s value in cash up front and paying the remaining 75% over time, contingent on certain...more

The Hidden Tax Trap in Your Family Business—and How to Avoid It.

You have a business. You have a family. You have a family business. And frequently, the family makes decisions about the business. Sometimes, those decisions are not formalized....more

Budding Family Business Entrepreneur? Top Three Legal Tips You Need to Know

A recent New Tech Seattle event at the Seattle Center brought together a group of interesting budding entrepreneurs. Discussions with several people led to the realization that many of them are facing the same basic legal...more

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