Are Your Social Security Benefits Taxable?

General Litigation Challenging the Authenticity of Documents in Court The day may come when you are asked to prove to a court that certain evidence — such as a birth certificate, a will, or even a voice on a recorded phone call — is real. How does a person without legal training show, to the […]

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Investor Alert: Tax Impact of Gyrating Markets

The stock markets have experienced significant volatility over the last year, causing many investors to realize some significant gains — and incur some significant losses. This extreme volatility is expected to continue through the end of 2023. Will You Owe NIIT? Higher-income individuals with net capital gains are potentially exposed to the 3.8% net investment […]

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ShawnCoulson Newsletter

Estates: Turning Down an Inheritance What happens if you’re trying to reduce the size of your estate and then find out you’re in line for a large inheritance? You may be able to legally refuse the bequest and still keep the money in the family. Consider this technique. Commercial Law: The Power of the Federal […]

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New Tax Law Improves QCD Benefits

Seniors who must take withdrawals from their IRAs may be able to benefit from a special tax provision for qualified charitable distributions (QCDs). Briefly stated, this provision allows people in their 70s and older to transfer funds directly from an IRA to a charity without any adverse tax consequences. The new SECURE 2.0 law enhances […]

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Polygraph Tests: Use With Caution

If you suspect that an employee has committed an illegal act, don’t make plans to conduct a lie detector test unless there are special circumstances. The law in this area, and most prominently the Employee Polygraph Protection Act, makes it generally illegal to require or even request or suggest that an employee or a job […]

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A Checklist for Product Recalls

“Consumers no longer view product recalls in a negative light. Millions of products have been recalled… How well a company conducts a timely, reasonable recall of a product can have a strong influence on consumers’ attitude about the firm. Successful product recalls in the past have rewarded companies with continuing consumer support and demand for the […]

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8 Compelling Reasons to Outsource Your Accounting Functions

Is your company struggling to tackle all its accounting needs? Companies that have lost a CFO, outgrown their bookkeeper, changed their offerings or experienced high growth can have a hard time finding the right accounting expertise — at the right price — in today’s tight labor market. Outsourcing is a possible solution. Here are eight benefits […]

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Seek Global Trademark Protection Under the Madrid Protocol

The Madrid Protocol is an international treaty that allows trademark owners to seek registration in more than 80 member countries by filing a single application. Here is an explanation of how this option can strengthen your position in global markets, along with a list of some companies that are Madrid Protocol members. Please continue to read here.

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New Business Travel Per Diem Rates Announced for 2023

Are you and your employees frustrated by the time-consuming task of documenting and reviewing travel expenses? The IRS offers simplified methods for reimbursing employees’ out-of-town lodging, meals and incidental expenses. Here we discuss government-approved per diem rates for travel beginning October 1, 2022 — and why it’s more important than ever for employers to set up […]

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Indemnity Provisions: Shift Liability from One Party to Another

Companies seeking to avoid liability from other parties can include broad indemnity provisions in their contracts in hopes of shifting financial responsibility for injuries to another party. An indemnity agreement is common in construction projects and other transactions. It is a provision that legally indemnifies (protects) one party against certain future losses or claims from another party. A typical […]

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When Companies Share Intellectual Property for Mutual Benefit

The phrase “two heads are better than one” can apply to corporations and their intellectual property. When two or more companies agree to share their intellectual property for mutual benefit, the payback can be considerable. Not only can collaboration result in additional revenue, it can also create more intellectual property that can further benefit all parties […]

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Don’t Undermine Internal Fraud Investigations

For even the largest and most sophisticated organizations, internal fraud inquiries can pose numerous challenges that can send a case off track, cause legal expenses to skyrocket, and put your enterprise on the losing side. Ranging from lax investigations to not knowing enough about local law, here are examples of six mistakes that turned victory into defeat: 1. Avoid […]

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