LEGAL INSIGHTS
Does the I in IRS Stand for Impressario?
Every artist or entertainer wants an audience. Foreign artists and entertainers visiting the United States can be sure that at...
Residential Landlords Beware
Technically any landlord under the unlawful detainer statutes may serve a three-day notice to a tenant who fails to comply...
A “BIG” Tax Problem Is Now Easier to Avoid When Converting from C to S Status
To avoid the hefty corporate and shareholder federal tax on distributions, many corporations decide to switch from C to S...
Preventing a Tax Nightmare: How Divorcing Shareholders in a Corporate Dispute Saved Thousands Through Reorganization
A 50/50 shareholder in an S corporation comprised of several different entertainment businesses wanted a corporate divorce from his...
Fiduciaries Beware: Bankruptcy may not absolve you of judgments against you.
In a recent case decided by the Bankruptcy Appellate Panel for the 9th Circuit, the court refused to discharge a...
Guarantors Catch a Break
It is quite common for lenders to require certain loans (such as those where the borrower is a new entity,...