Achieving Results, Exceeding Expectations

New IRS Form Helps Charities Apply for 501(c)(3) status

The Internal Revenue Service rolled out a new, shorter application form for charities that are applying for 501(c)(3) status. The form, which was published in July of 2014, appears to be a useful tool for… Read More >

When that Flat in London Nearly Deflated Us: Inheritance Issues on Foreign Assets

Estate taxes can be a complicated issue, even when all of your earnings and property are solely in the United States. When you choose to purchase property abroad, and particularly if you are domiciled abroad,… Read More >

Making Joint Ventures Work

Access to new markets and customers, leveraging of existing knowhow, and the development and exploitation of new technology: all are really good reasons to start a joint venture with that new potential business partner your… Read More >

FATCA: Unintended Consequences

In 2010, Congress passed the Foreign Account Tax Compliance Act. At the time, there was very little press coverage or debate about the so-called FATCA. First of all, it was an add-on to an employment… Read More >

Offer in Compromise Legislation: What is it and what does it change?

Governor Rick Snyder signed significant tax legislation, making official the Offer In Compromise Legislation (OIC), also known as Michigan Public Act 240 of 2014. The Michigan Department of the Treasury will be able to offer… Read More >

IRS Announces Penalty Relief for Small Businesses

The Internal Revenue Service has announced a new one-year pilot program, beginning on June 2, 2014, that gives small businesses that have retirement plans relief from penalties if they have failed to file required annual… Read More >

Coming To America … foreign businesses establishing business operations in the USA

When asked by a foreign client for assistance in establishing business operations in the USA, a lawyer’s task is more complex than it would otherwise be for a domestic client.  There are numerous issues that… Read More >

Legal Implications of Crowd Funding

Crowd funding has risen to prominence as a solution in creative financing. But what seemed like a simple process has been complicated through recent rulings of the SEC.  The SEC has limited social media as… Read More >