152 Reasons to Call Us if You Have an Old Oil and Gas Lease
Thank you for your attention. Note: this article does not contain 152 separate reasons to call if you have an old oil and gas lease, only one. That reason is Act 152 of 2014 (Act 152), or the Recording of Surrender Documents form Oil and Gas Lease Act. Act 152 requires Lessees to provide a surrender document to Leasors when an oil and gas lease expires. While plain in intent, Act 152 can get blurry in execution.
PPP Guidance Changes
SECURE Act - Searching for a Stretch
The SECURE Act, short for Securing Every Community Up for Retirement Act of 2019, took effect in January 2020. Congress’ intent in passing the SECURE Act was to expand retirement options, particularly 401(k)s through small businesses and for part-time employees. Further, it opens avenues to protect retirement income by offering annuities through 401(k) plans. This means….Other improvements include postponing the required minimum distribution (RMD) age to 72. It also allows traditional IRA owners to make contributions indefinitely. All of these changes are geared to help Americans grow and preserve their retirement accounts.
Essential Estate Planning - The Legal House Protecting Your Family
A house and a sound estate plan have tremendous similarities that do not immediately meet the eye. Both are comprised of a firm foundation to build on, solid walls to protect all sides, and a roof to shelter when the proverbial sky is falling. But a house is a legitimate structure and an estate plan is just a bunch of legal documents with no foundation, walls, or a roof. What gives? The analogy unfolds below.
The CARES Act and Doing Our Part
The breakdown below is provided by the U.S. Chamber of Commerce. If you have questions regarding the eligibility of your small business or just general questions regarding your small business give us a call at 724-550-6970. We are all in this together and must do our part to help each other succeed.
Know Your Exit
Modern business conversations focus heavily on Start-Ups, thanks in large part to the success and rapid growth of many young companies. For each new successful IPO that comes to market there are a multitude of ventures that simply fall short. Often the main reason for this failure is a lack of exit strategy. All new businesses start with a big hairy audacious goal (BHAG), then funnel that into a vision, then a mission, and ultimately a business strategy against which they will execute. Few, however, contemplate how to exit and truly generate ROI for investors.
Your General Counsel - Start-Up
Start-ups and new cycle businesses face unique legal issues as they grow. Our Your General Counsel - Start-up services provide expedient answers/solutions to help new business owners focus on what they do best, grow their business. Our role is that of a strategic business partner, instead of a mere project attorney, shifting the focus for our business objectives to yours. For those businesses not ready for ongoing services ask about our flat fee pricing, so you know your upfront costs.
General Counsel Solutions for your Small Business
All businesses face issues requiring ongoing legal support as they grow. Most, however, do not have the budget to hire a full-time attorney. Use our Your General Counsel services to bridge the gap.
Sole Proprietorship or LLC – How to go about Small Business Formation
Oil and Gas Lease Expiration – Know your lease, know what happens.
Without question the Shale Revolution has helped propel Pennsylvania’s economy since it’s earliest days in the mid 2000’s. The fuel driving this expansion was asset acquisition in the form of leases, predominately acquired from 2009-2016, at ever increasing bonus prices.