Blog

• Estate and Gift Tax Uncertainty in 2025

  February 18, 2025

  At the end of 2025, the tax exemption for federal estate and gift taxes is scheduled to revert to what it was in 2012 with cost-of-living increases.  Currently, the exemption is $13,990,000 per person.  Given the size of the exemption, the vast majority of people do not need to be concerned about the estate tax […]

• Corporate Transparency Act Reporting Requirements Reinstated

  December 24, 2024

  On December 23, 2024, the Fifth Circuit Court of Appeals issued an order staying the preliminary injunction granted by a Texas District Court in Texas Top Cop Shop, Inc. v. Garland. As a result, the requirement for companies to report beneficial ownership information is reinstated, effective immediately. While many reporting companies were previously required to […]

• Thirty Six Attorneys Selected for Inclusion in 2024 Grand Rapids Magazine Top Lawyers

  December 23, 2024

  Rhoades McKee is honored that 36 lawyers across 20 practice specialties were recognized by their peers as Top Lawyers for excellence in their areas of specialization. Our attorneys understand the importance of identifying, investigating, and responding to interrelated legal issues. We use an interdisciplinary team approach that allows us to maximize our knowledge and experience […]

• Federal District Court Issues Temporary Injunction Against Corporate Transparency Act Nationwide

  December 5, 2024

  The Eastern District of Texas issued a nationwide preliminary injunction on December 3, 2024, pausing the reporting obligations imposed by the Corporate Transparency Act (CTA). The decision, Texas Top Cop Shop, Inc. v. Garland, comes shortly before a significant reporting deadline on January 1, 2025 – the date on which companies in existence as of […]

• TEXAS COURT DELIVERS EARLY HOLIDAY GIFT TO MICHIGAN EMPLOYERS

  October 18, 2024

  Michigan employers have faced a level of uncertainty in setting their personnel budgets for 2025 due to the United States Department of Labor’s 2024 Rule that increased the minimum salary for employees exempt from overtime under the Fair Labor Standards Act as Administrative, Executive, or Professional employees. The increase was scheduled in two phases: the […]

• THE IMPACT OF CONNELLY V. UNITED STATES ON SUCCESSION PLANNING FOR BUSINESS OWNERS

  October 3, 2024

  On June 6, 2024, the Supreme Court of the United States ruled in a 9-0 decision that life insurance proceeds from a company-owned policy used to redeem a deceased owner’s interest in a closely held business must be included when calculating the value of that owner’s interest for federal estate tax purposes. The Court’s ruling […]

• Rhoades McKee’s Commercial Litigation Team Once Again Ranked By Chambers and Partners

  July 27, 2024

  Among only 17 other Michigan law firms, Rhoades McKee’s Commercial Litigation Team was ranked by Chambers and Partners for their representative work. According to interviews completed by Chambers, “Rhoades McKee has an excellent group of attorneys who successfully analyze, manage, and argue very complex and unique litigation and appellate issues,” further adding that “the firm […]

• Thirty-One Attorneys Selected for Inclusion in 2025 Best Lawyers®

  June 15, 2024

  Rhoades McKee congratulates the firm’s thirty-one attorneys recognized in the 2025 edition of Best Lawyers of America®.  Published annually since 1983, Best Lawyers® is based on a peer-review survey in which 52,000 leading attorneys nominate other lawyers of distinction in their practice areas. Best Lawyers® “Lawyers of the Year” According to the website, a “Lawyer […]

• Nine Rhoades McKee Attorneys Recognized as 2024 Michigan Super Lawyers®

  August 12, 2024

  Rhoades McKee attorneys are honored in the annual publication of Michigan Super Lawyers®. According to the website, Super Lawyers® is a rating service that recognizes outstanding lawyers with high peer recognition and professional achievement. This selection process includes independent research, peer nominations, and peer evaluations. The Rhoades McKee attorneys selected for this year’s edition include: […]

• Privacies of Life in Commercial E-Discovery

  August 27, 2024