How to Deal With Your Insurance Company After a Catastrophe
In 2008 I wrote a long article on what to expect after your property is damaged or destroyed in a catastrophe like a wildfire, a tornado, an earthquake or a hurricane. The attack on Florida and much of the East Coast by Hurricane Ian has
Tax
IRS Targets Front-End Services In DeFi Reporting Final Regulations
Final regulations on informational reporting obligations for custodial brokers were published in the Federal Register on July 9, 2024 with an ominous note that the information reporting requirements for non-custodial brokers (i.e. Decentralized Finance or DeFi) would be forthcoming. The first effective date for those final regulations would be January 1, 2025. On December 27,…
Washington proposes limitation on MPU exemption for sales of software maintenance agreements
The Washington Department of Revenue issued proposed guidance limiting the application of the multiple points of use (MPU) sales tax exemption for bundled software maintenance agreements.
The MPU exemption provides a retail sales tax exemption for the purchase of digital goods, prewritten computer software, remotely accessed prewritten computer software, digital automated services, and digital codes…
Weekly IRS Roundup December 23 – December 27, 2024
Check out our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of December 23, 2024 – December 27, 2024. December 23, 2024: The IRS released Internal Revenue Bulletin 2024-52, which includes the following: Treasury Decision 10015: These final regulations update the previous regulations under Section 48 of the…
Missing TAMs
In this article, originally published by CalCPA in the January/February 2025 issue of California CPA, Eversheds Sutherland Senior Counsel Eric Coffill spotlights the recent disappearance of Technical Advice Memorandums (TAMs) from the California Franchise Tax Board (FTB) website.
Read the full article here.
Criminal Defendant Must Pay Full Restitution
DEFENDANT NOT ENTITLED TO OFFSET FOR VICTIMS INSURANCE
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See the full video at https://rumble.com/v66tdbg-criminal-defendant-must-pay-full-restitution.html and at https://youtu.be/RoOVK0ws-Zo
Insurer that Pays Insured for Damages Caused by Criminal is also a Victim Entitled to Restitution
The State charged defendant-appellant Kaliah Haskett with criminal damaging after she kicked the rear liftgate of a vehicle. Haskett pleaded…
SALT trivia – January 8, 2025
Calling all trivia fans! Don’t miss out on a chance to show off your SALT knowledge!
We will award prizes for the smartest (and fastest) participants.
This week’s question: Bills were introduced in the Michigan Senate that would increase the rate on sin taxes that apply to what type of activity?
E-mail your response to SALTonline@eversheds-sutherland.com…
The Insured Bears The Burden to Prove Loss Due to Peril Insured Against
Lack of Evidence Supports Motion for Summary Judgment in Favor of Insurer
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See the full video at https://rumble.com/v66w3ja-the-insured-bears-the-burden-to-prove-loss-due-to-peril-insured-against.html and at https://youtu.be/_jslu35zgSA
To Prove a Claim for Hailstorm Damage Admissible Evidence of Covered Loss is Needed from Insured
Kimberly and Michael Cutchall sued their homeowner’s insurance provider, Chubb Lloyd’s Insurance Company of Texas. Chubb…
EXCELLENCE IN CLAIMS HANDLING
Rescission is an Equitable Remedy as Ancient as the Common Law of Britain
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When the United States was conceived in 1776 the founders were concerned with protecting their rights under British common law. They adopted it as the law of the new United States of America modified…
Receiver Properly Appointed to Provide Restitution to Victim of Fraud
Keeping the Proceeds of Fraud Refused by Tenth Circuit
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See the full video at https://rumble.com/v66h1nd-receiver-properly-appointed-to-provide-restitution-to-victim-of-fraud.html and at https://youtu.be/GZADRo96KzQ
Daniel Carpenter Guilty of $30 Million Fraud Out of Prison and Fights Collection of Judgment
Universitas Education, LLC sued to recover funds it lost in an elaborate insurance fraud scheme perpetrated by convicted felon Daniel…