Author Archives: Mike O'Hara

In April 2020, Daphne Howland of Retail Dive wrote “Few retailers will come out of this unprecedented moment unscathed, but department stores are at a point of no return. None can go back to business as usual. Some may not come back at all.” What a difference a year makes. Now, in the face of […]

Read More

As the United States aggressively rolls out vaccines, the closures and restrictions that crippled the economy for more than a year are being scaled back.  This is great news for the economy, full stop.  The effect of government stimulus activity, coupled with resilient businesses who deployed new tactics ranging from work-from-home, to outdoor dining, to […]

Read More

Owners considering selling their business face the specter of a purchase price reduction that could drop net proceeds by as much as 20 percent.  Currently, the capital gains rate is 23.8% for most sales, counting the net investment income charge.  During his campaign, President Joseph Biden proposed increasing the top long-term capital gains tax rate […]

Read More

With a new administration on the horizon in January, we review what President-Elect Joseph Biden has said about the tariffs the Trump administration imposed on China beginning in January 2018.  As a reminder, the U.S. has cited several precipitating factors for the tariffs, including economic issues, such as China’s unwillingness to protect American intellectual property […]

Read More

Last Wednesday, members of the Milwaukee Bucks franchise of the National Basketball Association elected to boycott their playoff game against the Orlando Magic to bring attention to the shooting of 29 year old Jacob Blake by a member of the Kenosha, WI police department the prior Saturday.  The Bucks’ action prompted other sports leagues to […]

Read More
See More