Small Business Solutions

Business Leadership: He's looking for a brand that he thinks can be here 100 years from now. Insight via

How luxury giant LVMH built a recession-proof empire LVMH has built a powerful portfolio of 75 brands. In 2023, it became the first European company to reach a $500 billion value.

Tax Fraud: The defendant defrauded the IRS by failing to report $1.3 million in earnings. Story via

Former Police Officer Going to Prison For Defrauding the IRS A former Maryland police captain is going to federal prison for defrauding the IRS. Full story here.

Business Fraud: Holmes raised nearly $1 billion from a list of well-heeled investors. The latest via

Elizabeth Holmes loses latest bid to avoid prison and gets hit with $452 million restitution bill The court decision on Holmes' attempt to avoid prison comes nearly three weeks after she deployed a legal maneuver to delay the start of her 11-year sentence.

Accounting Standards: That's really going to change the game in terms of what's disclosed about a company's tax affairs. Proposal details via

FASB’s tax proposal will ‘change the game’ Previous FASB calls for greater income tax transparency have drawn pushback from businesses. This time the initiative appears to be gaining steam.