Employers Must Be Mindful Before Punishing Employees for Their Social Media Usage
By: Nicholas A. Gowen of Burke, Warren, MacKay & Serritella — Social media is an integral part of your business whether you intend it to be or not. Most businesses acknowledge that their employees are potentially their most significant asset, yet… Read more→
Tips to Prepare for the New DOL Exemption Ruling
First, a little bit of background: The Fair Labor Standards Act sets the minimum wage, overtime, recordkeeping and youth employment standards for American workers. These standards are enforced by the Department of Labor Wage & Hour Division. While most cases… Read more→
(Someone’s) Gonna Party Like It’s 1999!
by Jonathan W. Michael, Partner, Burke, Warren, MacKay & Serritella The recent death of Prince was a shock to music lovers all over the world. He singlehandedly changed the music industry. Prince wrote, produced and performed numerous hits, including, perhaps… Read more→
Burke Law Testimonial by Bruce Leska
I met Jonathan Michael of Burke, Warren, MacKay & Serritella, P.C. in 2014 when he opened a Lighthouse Forum meeting with a talk about estate planning and ownership transition. At the time of the meeting I had day-to-day responsibility of… Read more→
Is the Family Business Right for Me? And Other Important Questions to Ask
Jonathan Michael of Burke, Warren, MacKay & Serritella sat down with next generation leaders of our community to address some important questions that you should be asking. You don’t know what you don’t know and the more you can find… Read more→
Burke Law Testimonial by Dave Westerman
Jeff listened as I told him the details of my story, and he asked questions until we were both comfortable and knew that he fully understood my situation. I was confident that Jeff would lay out a plan to bring… Read more→
Using “Phantom Guarantees” to Generate Tax Benefits
For many years, it has been fairly common for partners of partnerships to guarantee partnership debt in an effort to increase the adjusted tax basis of their partnership interests. Enhancing tax basis has many valuable tax benefits to the guaranteeing partner… Read more→
Burke Law Goes International
LAW is a global association of nearly 100 top law firms located in over 50 countries. With access to 4,000 lawyers across the globe, LAW membership allows firms to serve clients in new domestic and foreign markets. Burke Law was… Read more→
Be Careful What You Wish For
Richard L. Lieberman Partner Burke, Warren, MacKay & Serritella, P.C. rlieberman@burkelaw.com 312 840 7011 Congratulations! You have just been offered an opportunity to join a new limited liability company that is classified as a partnership for income tax purposes (the… Read more→
U.S. Supreme Court Ruling Finds Inherited IRAs Not Protected In Heir’s Bankruptcy
by Jonathan W Michael and Jeffrey D. Warren Recently, the U.S. Supreme Court unanimously ruled that the U.S. Bankruptcy Code does not protect funds in an inherited individual retirement account (“inherited IRA”) from a creditor’s claims in the heir’s bankruptcy…. Read more→