Showing posts with label Alex Reed. Show all posts
Showing posts with label Alex Reed. Show all posts

Thursday, January 15, 2026

Chiefs Touchdown for Kansas?

On Monday, December 22, shockwaves were sent through the City of Kansas City, Missouri, as the City’s beloved Chiefs announced that they were headed to Kansas beginning with the 2031 NFL season. The reaction around the news was split on social media, and for good reason. The Chiefs have been located in Kansas City – and the iconic Arrowhead Stadium – since 1963, when the legendary Lamar Hunt moved the Dallas Texans to Kansas City. Since that time, the Chiefs have been a staple in Kansas City. As someone who grew up in the area (and as a humongous Chiefs fan), I know how much of a stronghold the team has in the area.

Thursday, April 17, 2025

The Effect of DOGE and Its Efforts to Reduce the Federal Government Footprint

The last few months have been a whirlwind in American politics. Much of the news, especially during the early months of 2025, revolved around the Department of Governmental Efficiency (“DOGE”). The department, led publicly by Elon Musk, has set out to reduce federal spending in a myriad of ways, including reducing the government workforce, rescinding federal contracts, and reducing the federal government’s real estate footprint. 

Unsurprisingly, DOGE’s work so far has been extremely polarizing within the United States (for a long list of valid reasons). However, the initiative to reduce the amount of commercial real estate owned and leased by the federal government is not a novel initiative; in 2015, President Obama’s administration released Budget Memorandum M-12-12, Promoting Efficient Spending to Support Agency Operations, colloquially known as the “Reduce the Footprint” memorandum. The current focus on reducing the federal real estate footprint presents an interesting opportunity for real estate developers, and the federal government’s rush to sell buildings and terminate its existing leases may have a profound impact on the local communities. 

Thursday, December 19, 2024

The Regulation Burden and Small Businesses

Ever since the passage of the Corporate Transparency Act (CTA) in 2021, business attorneys (and, hopefully, small business owners) have been analyzing, preparing for, complaining about, and deciphering the CTA and the required beneficial ownership reports required by it. Recently, several events have increased the emphasis on the CTA, including the fast-approaching original deadline of January 1, 2025 for companies formed prior to 2024, and the decision by a Federal Court in Texas to grant a nationwide preliminary injunction against the enforcement of the CTA. After having spent a year in the CTA trenches, I’ve seen first-hand how burdensome it can be for business owners to satisfy, and it piqued my curiosity as to the cost of complying with regulations as a small business owner in the United States.

The regulation burden in the United States – while having its merit for protecting individuals and consumers – is staggering. I recently reviewed a study conducted for the National Association of Manufacturers entitled “The Cost of Federal Regulation to the U.S. Economy, Manufacturing and Small Business.” In this study, the National Association of Manufacturers found that the cost of federal regulations to the U.S. economy totaled $3.079 trillion dollars (yes, trillion with a “T”) in 2022, with an average annual compliance cost to a U.S. firm of $277,000 dollars. For small manufacturers (as defined in the study), the cost was about $50,100 per employee to comply with these regulations.

Tuesday, October 29, 2024

Downtown Kansas City: a Downtown’s Comeback

If you’re from the Kansas City area, you know downtown Kansas City as a bustling area full of thriving businesses, events, and citizens who both work and live within Downtown. And if you are in your late 20s like me, that is the only version of Downtown that you know. It hasn’t always been like this, however, and the revitalization of downtown Kansas City is a success story brought to fruition by the hard work and excellent foresight of City and civic leaders within the Kansas City metro area.


Wednesday, May 22, 2024

A Tourist’s Guide to the Corporate Transparency Act

If you’re involved in the legal or business world, it is likely that you have heard talk of the Corporate Transparency Act (“CTA”) and the Beneficial Ownership Information Reports (“BOIRs”) the CTA requires.

The CTA was passed in 2021, and since that time the Financial Crimes Enforcement Network (“FinCEN”) has been issuing regulations. Beginning January 1, 2024, millions of businesses are now required to report. In this post, I write about my personal experience with the CTA and filing BOIRs. I also include here a general update on the latest happenings related to the CTA.

Wednesday, February 14, 2024

The Economic Impact of a Perennial Winner

On Sunday, February 11th, all of Kansas City celebrated as the Kansas City Chiefs found victory in Super Bowl 58.

As a lifelong Chiefs fan, the last few years have been beyond anything I ever could have imagined. When I was growing up, the Chiefs did not compete for championships. The team had a seemingly never-ending conveyor belt of quarterbacks, none of whom could lead the Chiefs far into the playoffs.

Friday, November 10, 2023

Woodstock for Capitalists

Each May, thousands of people flock to Omaha for this event, more prosaically known as the Berkshire Hathaway annual shareholders meeting. All it takes to attend the party is to be considered a stockholder. A share of the company’s Class A shares (currently trading at about $525,000) might be a little bit beyond the reach of many, but a share of its Class B stock (about $350) will also do the trick.

The event is a true spectacle, offering a 5K run, comedy skits, disco balls, music, celebrities, and even visits by characters from the Berkshire Hathaway portfolio of companies (such as the GEICO gecko).

Monday, May 22, 2023

The Power of Finding your Community on Twitter

What if I told you that a place existed where you could interact with hundreds of entrepreneurs, lawyers, accountants, bankers, investors and more, all from your seat on the couch? In that same place, these people share ideas, tips, and stories from their years of experience. And the best part—you can gain access to this vast base of knowledge at your fingertips, and all for free. That place is Twitter, and no matter what business or industry you’re in, you’ll likely find that there is a Twitter community catering to it.

Wednesday, February 15, 2023

ChatGPT—The Next Generation of AI?

If you have spent any time on the internet in the last few months (and who hasn’t), you’ve undoubtedly heard of Open AI’s ChatGPT, which has taken the world by storm since its release last November. Rather than try to explain ChatGPT myself, I figured I would let ChatGPT introduce itself to you all. So, I had the following conversation with ChatGPT: