With the passage of the 2017 Tax Act, the Federal Estate and Gift Tax Exemption was increased to $11.4 million per person or $22.8 million per married couple for 2019. The exemptions are set to [...]
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I drafted a series of posts last year entitled “Preferred Stock Demystified” regarding the payments rights and preferences attendant upon various classes of preferred stock. I now will supplement [...]
Part II: A Design Professional’s Perspective in Drafting Specifications This is the second in a series of posts that address the issues that arise when design specifications are inconsistent with [...]
On April 24, 2019, the FTC issued an Order requiring ClixSense, a rewards website that pays users to click ads, take surveys, or complete other tasks, to implement robust security, audit, and [...]
On April 17, 2019, the U.S. Department of Treasury (“DOT”) issued its long-anticipated second set of regulations with respect to Qualified Opportunity Zones. According to the DOT, the second set [...]
As sure as rain showers, April in Allegheny County brings with it school district real estate tax assessment appeals. Many districts routinely review actual sales data for prior years and, if the [...]
Accidents and injuries are an unfortunate and unavoidable part of everyday life. There are initial steps, however, which can be taken to mitigate circumstances and prevent an accident or injury [...]
In a recent case, the U. S. District Court in South Dakota confirmed that tax is as certain as death. In this case, the heirs neglected to file a timely federal estate tax return. When the return [...]
In a fascinating recent case the U.S. Tax Court taught another lesson on how taxpayers can entangle themselves in the tax web. In this case a father cheated the IRS, went to prison for the crime [...]
Starting a business with family members or a collection of close friends always seems like a good idea at first. But both success and adversity can lead to contentious disputes over control and [...]
