SECURE Act: Small Business Changes

Our last four blogs have focused on changes that affect individuals resulting from the new SECURE Act; however, the changes were not limited to individuals. There are a number of provisions focused on small business and designed to motivate small businesses to offer...

SECURE Act: Benefits of the Changes

Our two previous blogs have discussed the elimination of the stretch provisions for retirement accounts (see https://grissomlawfirm.com/secure-act-stretch-ira)and the use of accumulation trusts (see https://grissomlawfirm.com/secure-act-accumulation trust) in light of...

How To Obtain Business Credit As A New Business

Small businesses are growing every day in the US. In fact, small business ownership is the dream of many people, quickly replacing the traditional 9-5 jobs of the past. Most new businesses start with the owner researching a business idea, developing new products and...

Estate Plans for the Business Owner

If you are a business owner, whether you have an LLC, Sole Proprietorship, or have part ownership in a business, planning for your business interests is important. As a business owner, your plan may need to include a buy-sell agreement, business owned key-man...