Tag: tax

Tax Code, Regulations and Guidance

Understanding the Insurance Transfer-for-Value Rule

June 6, 2018

Via: Investopedia

One of the key benefits of any kind of life insurance is the tax-free death benefit. However, some speculators began to transfer life insurance policies between parties to reap large tax-free windfalls. To discourage this, Congress declared any life insurance […]

Tax Code, Regulations and Guidance

Fidelity: Software Stocks to Benefit From Tax Cuts

May 30, 2018

Via: Investopedia

With many observers predicting that the economy is at the late stage of its cycle, some industries tend to perform better than others under these conditions. One such group, according to Fidelity Investments, is software stocks. After all, thanks to […]

Tax Code, Regulations and Guidance

How Amazon and Entrepreneurs Can Pay Zero Federal Income Tax, and Do So Legally

May 15, 2018

Via: Entrepreneur

With the recent news that Amazon paid zero federal taxes for 2017, every entrepreneur should be asking, :”How can my company pay no taxes, and legally, too?” According to the Institute on Taxation and Economic Policy, Amazon “paid no U.S. […]

Know Your Rights

Checklist for Licensing Intellectual Property

April 27, 2018

Via: FindLaw Free Enterprise

You get patents, trademarks, and copyrights so that someone doesn’t steal your ideas. But those intellectual property protections can also make some money if someone wants to use your ideas. Licensing your intellectual property can be lucrative, but it can […]

Tax Code, Regulations and Guidance

Cooley Law back in compliance, ABA accreditation committee says

April 26, 2018

Via: ABA Journal

Western Michigan University Thomas M. Cooley Law School has come into compliance with an admissions standard that requires accredited schools to only admit candidates who appear capable of finishing law school and gaining admission to a state bar, according to […]

Know Your Rights

Federal judge reverses Trump administration decision to end DACA

April 25, 2018

Via: Jurist

The US District Court for the District of Columbia on Tuesday vacated the Trump administration’s efforts to terminate the Deferred Action for Childhood Arrivals (DACA) program, which protects undocumented immigrants who were brought to the US as children from deportation […]

Business Law & Regulations, Employment & Labor, Finance

What Do You Do When You Overpay Former Employees?

April 23, 2018

Via: FindLaw Free Enterprise

Under a program that began in 1991, Milwaukee County employees were allowed to “buyback” seasonal or part-time employment that otherwise would not have been eligible for pension benefits and convert it into pension-worthy time. According to the Milwaukee Journal Sentinel, […]

Tax Code, Regulations and Guidance

Wells Fargo to pay $1B penalty for consumer law violations

April 20, 2018

Via: ABA Journal

Wells Fargo has agreed to pay a $1 billion penalty for alleged violations of the Consumer Financial Protection Act. The Consumer Financial Protection Bureau and the Office of the Comptroller of the Currency announced the penalty Friday, report the Wall […]

Business Law & Regulations, Finance

More Than 50,000 Reasons Not to Take Fees on the Side

April 19, 2018

Via: FindLaw

Carllene Placide had a good gig, but that deal expired. She was a partner at Dorsey & Whitney, a big law firm, pulling down a base salary of $225,000 a year. Apparently dissatisfied with her non-equity status, she started doing […]

Business Law & Regulations, Employment & Labor

How to Move From the Law Office to the Corporate Suite

April 18, 2018

Via: FindLaw

The road to general counsel often starts at BigLaw, but does not go from there directly to the corporate Big Chair. Fewer corporations are hiring attorneys straight out of law firms to lead their legal business. In the past three […]