Resources
Stay in the know of company and industry updates, accomplishments and more!
Unfair claims standard for injured babies born to military moms should go
Prominent among judicial doctrines ripe for reversal — right up there with contributory negligence and baseball’s antitrust exemption — is the rule immunizing the government from negligence claims by military personnel for injuries suffered on the job.
Converting Personal Use Residence to Business Use
Question: I purchased a second residence several years ago which is now worth less than I paid for it. Can I convert the property to business use and report a tax loss?
Death, Disability Retirement – Putting the “Success” in Succession Planning
When Independent Sales Representatives get together to network in either a public or private forum, the discussion often turns to, “What happens to my agency in the event of my death, disability, or retirement? What is the best way to retire without hurting my employees, principals, customers, and other important industry relationships?”
Michael Keaton Prevails in the 7th Circuit
Actor and director Michael Keaton, who occupied the title role in “Birdman,” “Batman” and “Beetlejuice,” among other “B” movies, was also signed to direct and star in “The Merry Gentleman,” a 2009 release that met with a less than merry fate at the box office. In the aftermath of the film’s failure, the recriminations began, and the producer quickly zeroed in on Keaton.
Portability Rules Not a Perfect Solution
Question: Due to the estate tax portability rules, do I really need to maintain my current estate plan which creates marital and non-marital trusts for the benefit of my spouse upon my death?
Preventing Imputed Interest in Loan Transactions
Question: As part of the upcoming sale of my business, I will be receiving a promissory note with no payments to be made until the note’s five-year maturity date. If interest accrues at the IRS rate of interest, will I be subject to imputed interest?
Dynasty Trusts Provide Long-Term Benefits
Question: What is a dynasty trust?
TV Subscribers Stung by Added Charges, File Class-Action Lawsuit
Few bills arriving in the mail are welcome, but certain billers are more daunting than others. Should the tuckpointer send a bill higher than agreed, a friendly discussion about his “extras” likely lies ahead.
Deferring Tax on Plan Distributions of Employer Securities
Question: I will be receiving a distribution from my employer’s retirement plan consisting of cash and employer stock. Am I better off paying tax on the employer stock or rolling over the entire distribution to an IRA?
Avoiding Gain Recognition in Mergers
Question: I plan on merging my corporation with a public company and receiving cash and stock in return. Can I avoid paying income tax on the stock I receive?