Via this blog we address fundamental concepts and issues relevant to estate planning law (will, trust, probate, asset protection), business law (LLC), real estate law, & tax law. Published by Douglas K. Cook & Steven W. Cook.
December 17, 2014
Some of the provisions that were extended retroactively include higher Section 179 expense limits, tax-free distributions from IRAs for charitable purposes, the Work Oppurtunity Tax Credit, and deductions for mortgage interest premiums. Read More»
November 20, 2014
Developing a business plan is often very important, even for those businesses that do not intend to raise outside capital. Read More»
November 5, 2014
In general, there are three principal considerations when choosing a business structure: (1) liability, (2) management, and (3) taxation. Unfortunately, the laws that affect some of these considerations – in particular, liability and management – vary significantly from state to state and are not uniform across the country. As a result, the information that follows regarding corporations, general partnerships, limited partnerships (LP), limited liability companies (LLC) and sole proprietorships is general. Read More»
October 8, 2014
In the United States, there are four principal ways in which a person or business can protect intellectual property, however, not all types of protection are available for all property types. Read More»
September 16, 2014
In 2013, more than 300,000 trademarks and service marks were filed across 45 different classes of goods and services with the United States Patent & Trademark ("USPTO"); however, less than 200,000 trademarks were registered by the USPTO office during 2013. Read More»
August 29, 2014
The ALS Association has filed an application to register a federal trademark for "Ice Bucket Challenge", the viral sensation that has swept the nation this summer. Read More»
July 30, 2014
A family limited partnership, or FLP, can allow a taxpayer to leverage two federal tax devices in conjunction with a technique known as “discounting” in order to reduce the amount of federal tax imposed at the time of that person’s death. Read More»
June 27, 2014
In American Broadcasting Companies, Inc. v. Aereo, Inc. the U.S. Supreme Court recently held that Aereo's service, which converts and subsequently (re)transmits over-the-air television broadcasts in near real time to Aereo's customers via the internet, effectively constitutes "transmitting performances of copyrighted works to the public", which in turn requires Aereo to pay over-the-air broadcasters a fee for doing so, pursuant to the Copyright Act. Read More»
May 30, 2014
The House Ways and Means Committee approved legislation to make bonus depreciation permanent, as well as a number of tax measures related to charitable giving. Read More»
April 28, 2014
Those people who would otherwise be characterized as resident aliens pursuant to the Substantial Presence Test, who think they qualify for the Closer Connection exception, can file Form 8840 with the I.R.S. Read More»
Join Our Mailing List
Are you interested in tips, news, and special offers via email? Simply enter your email address below.
We won't spam you and it's easy to unsubscribe.