Timely Opportunities
Newsletters
Timely Opportunities
Crypto: What Taxpayers Need to Know
Cryptocurrencies have gone mainstream. You can now invest in them and use them to buy and sell many products and services. However, crypto transactions have important federal tax implications that may not be well understood by everyone. Here’s an update on what you need to know about the federal tax issues if you exchange or […]
Commercial Law
The Uniform Commercial Code and What it Means to Your Business
Decades ago, many businesses engaged in transactions with other entities in the same geographic area. Then came the Internet and other electronic devices that allow business to be easily conducted with a just a few clicks. Today’s companies are likely engaged in transactions with entities in other states. What the UCC Covers The UCC is […]
Estates
Can a Creditor Go After Non-Probate Assets?
When someone dies, one of the first questions that close relatives usually have is whether they are personally responsible to pay the credit card bills of the decedent. They may even start getting telephone calls from creditors asking them to pay outstanding balances. Close relatives may also want to know: Who is responsible for paying […]
Timely Opportunities
Potential Pitfalls of Taxable Investments in Gold and Other Precious Metals
As an investor, you may want to look beyond the stock market and fixed-income alternatives. Allocating some of your money to gold and other precious metal assets could be an option to hedge against stock market uncertainty. However, before you invest, it’s important to understand the tax impact of selling precious metal assets as well […]
Timely Opportunities
Federal Tax Obligations When a Business Shuts Down
Is it time to close your small business? Unfortunately, closing isn’t as simple as handing over the keys to a landlord or even selling a building you own. You still have various responsibilities to meet as you wind down, including some tax and legal obligations. Income Tax Requirements What you have to do from a […]
Business Law
Dealing With Your State Corporation Commission
No matter what type of business you’re in, sooner or later you have to deal with the State Corporation Commission (SCC) or Secretary of State. These offices handle the formalities of setting up and maintaining a business, whether it’s a partnership, corporation, limited liability company or other entity. More Suggestions On Communicating With SCC Offices […]
General Litigation
The Strict Letter of the Law
Sometimes, regardless of how careful you are or how careless an injured victim was, you can still be held liable for damages. It’s a legal doctrine called strict liability. And the principle can be applied in product liability cases. In general, strict liability applies to inherently dangerous activities, such as keeping wild animals near small […]
Timely Opportunities
How to Curb Automotive Hacking
Automotive hacking is on the rise. The number of cyberattacks into vehicle computer systems increased by a staggering 380% from 2021 to 2022, according to Upstream’s 2023 Global Automotive CyberSecurity Report. Don’t buckle up without taking precautions. What Is Automotive Hacking? The term “automotive hacking” refers to attempts by outsiders to use technology to invade […]
Timely Opportunities