Direct Recovery

SEPTEMBER 14, 2020

Just when you thought that things couldn’t possibly get any crazier, a California lawmaker proposed a new wealth tax last month that applies to residents, including those that choose to leave in search of homes with better tax situations. Wealthy Residents Will Still Find Tax Loopholes. Relocating is Still Optimal.

Government 52

Government 52

Fraser

JULY 15, 2022

. ——— Tax Reform Goals Priority for New “Fund MI Future” Coalition. A collection of 20 organizations have formed a newly created coalition with the aim of better funding Michigan’s public services with changes to the state’s tax policy. Business & Tax | Ed Castellani. Environmental Law | Michael Perry.

Retail 64

Retail Collections 64

Credit Corp

FEBRUARY 25, 2021

These are activities that occur when the IRS thinks something might be wrong with a tax return. The IRS sends a letter noting that someone made a math error on a tax return and the IRS corrected it. Someone doesn’t file a required tax form and the IRS uses other documents to calculate how much they owe and sends them a bill.

Government 84

Government 84

Fraser

JUNE 22, 2021

The Traverse City Area Public Schools Board of Education (TCAPS) couldn’t depend on a potential loophole in the OMA to shield information from FOIA requests. He leads the firm’s Business & Tax practice group, and may be contacted at ecast@fraserlawfirm.com or 517-377-0845.

Education 43

Education Manufacturing Retail 43

Credit Corp

APRIL 16, 2021

If you plan on taking money out of your retirement account before the age of 59 1/2 (unless you have a 457B account), you will incur a 10% tax penalty. While this might seem like an onerous restriction, it has the added benefit of preventing you from spending money that will be needed to carry you through the end of life.

Healthcare 69

Healthcare Personal loans Student loans Student Loans 69

Troutman Sanders

JULY 19, 2023

On July 11, Senate Finance Committee Chairman Ron Wyden (D-OR) and Finance Committee Ranking Member Mike Crapo (R-ID), launched an effort to address uncertainties surrounding the tax treatment of digital assets with an open letter seeking input from experts, stakeholders, and interested parties. For more information, click here.

Financial services 40

Financial services Lender Trade Banks 40

Burr Forman

OCTOBER 28, 2021

In remarks at the SEC Speaks conference, SEC Investor Advocate Rick Fleming mused that the “gamification” of securities trading might pose an undue risk that exploits a potential loophole in Regulation Best Interest (“Reg. BI”). Read the article , written by Thomas (“Tom”) K. Potter, III.

Lawyers 52

Lawyers Acquisition Trade Law Firms 52