Tax

California Court of Appeals Extends Meaning of Statute to Make Insured More Powerful than Insurers at EUO
See the full video at https://rumble.com/v4wyumz-insureds-are-made-more-equal-than-insurers.html  and at https://youtu.be/WBg5dqy8nPM.
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As George Orwell explained in his novel “Animal Farm” we are all equal but some are more equal than others. In Vladimir Myasnyankin v. Nationwide Mutual

Since the earliest days of the current Administration, the U.S. Department of Labor has been busy preparing much-needed updates to the federal wage-and-hour regulations under the Fair Labor Standards Act (FLSA) of 1938. They are:

  • tightening the worker-classification criteria (i.e., “independent contractor” vs. “employee”); and
  • fixing the way-too-low salary cutoff that deprives workers of overtime

In Less Than 19 Months, Estate Tax Exemptions Will Likely Change. Are You Ready?

Millions in estate tax exemptions could vanish forever on Jan. 1, 2026. With that, you could lose potential opportunities to mitigate certain estate tax obligations. You may also be unknowingly subjected to higher estate tax rates if you haven’t put the

Generally, buyers of businesses want to buy assets so they can take a step up on a tax basis. Sellers prefer to sell stock, so their gain will be taxable at favorable capital gains rates. Some gain is usually taxable at higher ordinary income tax rates in an asset sale. Accordingly, S corporation owners who have