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HTMLRestructuring Professionals - Is it Time to Rewrite Your Retention Agreements?
David A. Agay, Stephen M. Gross, Sean D. Malloy, Scott N. Opincar, Shawn M. Riley; McDonald Hopkins LLC;
Legal Alert/Article
September 7, 2016, previously published on July 25, 2016
It is almost article of faith among professionals in the restructuring field that the best and possibly only way to satisfy the “disinterestedness” test under the Bankruptcy Code - and thereby qualify to be retained in a bankruptcy case - is to hold a retainer that always exceeds the...

 

HTMLIs Getting Certified Worth It? Part 5: Women Owned Small Business Program
Manju Gupta; McDonald Hopkins LLC;
Legal Alert/Article
September 7, 2016, previously published on July 21, 2016
Does attracting potentially millions of dollars’ worth of new business interest you? With government contracting work, you can open the doors to additional business that larger companies are not eligible to receive. For instance, government agencies and corporations that do business with the...

 

HTMLIRS Launches Identity Theft Awareness Campaign Aimed at Tax Preparers
James J. Giszczak, Samuel D. Goldstick; McDonald Hopkins LLC;
Legal Alert/Article
September 7, 2016, previously published on July 14, 2016
Last year, an unidentified group of hackers launched a massive cyberattack against the IRS and managed to gain access to personal data of more than 700,000 taxpayers. The stolen information included Social Security numbers, birthdates, street addresses and other sensitive data that cyber thieves...

 

HTMLIs Getting Certified Worth It? Part 3: Hubzone
Manju Gupta; McDonald Hopkins LLC;
Legal Alert/Article
September 7, 2016, previously published on July 7, 2016
Does attracting potentially millions of dollars’ worth of new business interest you? With government contracting work, you can open the doors to additional business that larger companies are not eligible to receive. For instance, government agencies and corporations that do business with the...

 

HTMLIs Getting Certified Worth It? Part 4: Service Disabled Veteran Owned Business Program
Manju Gupta; McDonald Hopkins LLC;
Legal Alert/Article
September 7, 2016, previously published on July 14, 2016
Does attracting potentially millions of dollars’ worth of new business interest you? With government contracting work, you can open the doors to additional business that larger companies are not eligible to receive. For instance, government agencies and corporations that do business with the...

 

HTMLOhio: Lawmakers Pass Agritourism Bill
David D. Ebersole, David M. Kall, Susan Millradt McGlone; McDonald Hopkins LLC;
Legal Alert/Article
September 1, 2016, previously published on June 1, 2016
Ohio lawmakers have passed Senate Bill 75, assuring landowners that land currently used for traditional agricultural purposes can also be used for agritourism. SB 75 expressly prohibits authorities from prohibiting agritourism through zoning, and requires the application of current agricultural use...

 

HTMLReport: Data Shows that Taxes Have Minimal Significance on High Earners’ Intra-State Migration
David D. Ebersole, David M. Kall, Susan Millradt McGlone; McDonald Hopkins LLC;
Legal Alert/Article
September 1, 2016, previously published on June 9, 2016
A June 2016 report published by the American Sociological Review, Millionaire Migration and Taxation of the Elite: Evidence from Administrative Data dispels the myth that aggressive taxation of the wealthy will cause them to migrate to states with more favorable tax rules. Instead, the report...

 

HTMLNew Jersey: Lawmakers Considering Tax Breaks in Exchange for a Gas Tax Hike
David D. Ebersole, David M. Kall, Susan Millradt McGlone; McDonald Hopkins LLC;
Legal Alert/Article
September 1, 2016, previously published on May 22, 2016
In May, Sen. Shirley Turner proposed legislation that would increase the Garden State’s Earned Income Tax Credit (EITC) to 40 percent of the federal benefit amount, beginning in tax year 2016. According to a May 10 press release, Sen. Turner wants to help those who “work full time but...

 

HTMLFlorida: Supreme Court Holds Retroactive Application of Tax Exemption Repeal Was Constitutional
David D. Ebersole, David M. Kall, Susan Millradt McGlone; McDonald Hopkins LLC;
Legal Alert/Article
September 1, 2016, previously published on June 8, 2016
On June 2, 2016, the Florida Supreme Court decided Dan Sowell, et al. v. Panama Commons L.P. against the taxpayer, Panama Commons, reversing both the trial court and court of appeals.

 

HTMLMichigan: Department of Treasury Issues Guidance for Unitary Business Groups
David D. Ebersole, David M. Kall, Susan Millradt McGlone; McDonald Hopkins LLC;
Legal Alert/Article
September 1, 2016, previously published on June 2, 2016
The Michigan Court of Appeals recently decided the case LaBelle Management, Inc. v. Michigan Department of Treasury, initiated because of an $11,856.29 tax bill stemming from the determination that a trio of companies constituted a unitary business group. The Court of Appeals reversed, holding that...

 


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