Tax

The One Big Beautiful Bill Act changed key inputs in choice-of-entity planning. Permanent Section 199A, permanent bonus depreciation, expanded QSBS, Section 174A, and a temporary SALT cap all affect how founders and boards should re-run the entity memo.

By Trenton Roberts and Andrew Brown. A structured legal audit in the first 90 days of a fractional general counsel engagement finds the problems that are still cheap to fix. The work plan, month by month.

License scope, service levels, data terms, and auto-renewals decide most SaaS disputes. Here is what to negotiate on each, and how Texas taxes SaaS as a data processing service with a 20 percent exemption.

By Trenton Roberts, Andrew Brown and Spencer Kendrick. How Texas series LLCs work in practice.

By Trenton Roberts and Autumn Hartman. A trademark license without real quality control can cost the owner the mark. What the Lanham Act requires, what the naked licensing cases teach, and how Section 1253 treats royalty payments.

By Trenton Roberts and Jay Stigers. If an owner cannot sign, someone still has to run the company. Texas durable powers of attorney, guardianship alternatives, health care documents, and the company agreement terms that make incapacity planning work.

LLC operating agreements allocate tax items. Here is how Section 704(c), target allocations, Section 754 elections, and partnership audit rules should show up in the document.

Rollover equity is the portion of a seller's stake that stays in the business after a sale, usually as equity in the buyer's holding company. Sellers often want tax deferral on that slice. Buyers often want the sellers' incentives aligned after closing. Those two goals only meet

Profits interests are the tool many LLCs use when they want to admit a new member for services without handing over a slice of current capital. Done correctly, the grant can be respected as a partnership interest in future appreciation only, and the IRS safe harbors in Rev.

By Trenton Roberts and Autumn Hartman. Copyright and patent ownership start with the creator.

When a buyer wants to acquire an S corporation and treat the purchase as an asset deal for federal tax purposes, a pre-closing F reorganization is often the structure on the table. The target can stay in place for contracts and payroll accounts, sellers can roll equity with more

By Trenton Roberts and Jay Stigers. Texas has no state estate tax, but community property still matters.

By Trenton Roberts and Jay Stigers. The One Big Beautiful Bill Act made the $15 million exemption permanent.