Blog & Burrell Law News
Regardless of whether you applaud or condemn the passage of the Tax Cuts & Jobs Act of 2017 (“TCJA”), there are changes to partnership audit procedures in the Bipartisan Budget Act of 2015 (“BBA”) that go into effect for tax years beginning after December 31, 2017 and could add additional compliance costs to certain taxpayers.
Burrell Law Helps Protect Client’s Trademarks by Obtaining Preliminary Injunction against Infringing Shoe Wholesaler On February 16, 2018, Burrell Law obtained a preliminary injunction, which is an emergency court order to stop a party from committing a certain act, against a shoe wholesaler for infringing on plaintiff’s service marks and trademarks (collectively, “Intellectual Property”).
On April 5, 2017, the Burrell Law Firm (the “Firm”) obtained a summary judgment order dismissing all claims brought against the Firm’s clients, a holding company and individual officers, in the matter Curtin v.
Under IRS Code Section 1341(a), a taxpayer can utilize a deduction when a taxpayer restores a substantial amount held under a claim of right “if (1) an item was included in gross income for a prior taxable year (or years) because it appeared that the taxpayer had an unrestricted right to such item; (2) a […]
Will New IRS Rules Impact on Foreign-Owned Single Member LLCs Impair New York City’s High-End Real Estate Market?
In a prior blog post, I referenced a New York Magazine article revealing how foreign real estate investors use LLCs (limited liability companies) to anonymously buy real estate in New York City.
Freelancers too often get stiffed on work they perform; however, the New York City Council has passed new laws protecting freelancers.
Thinking about changing your business entity?
Business owners, especially aspiring ones and those without deep pockets, quickly learn the value of reducing costs.