2018 Estate Tax Changes
Under the new tax law, estate tax has not been repealed. However, there is relief for higher net worth individuals, business owners and people with large estates that have little or no liquidity who previously might have sold their assets to pay estate taxes.
Effective January 1, 2018, the new estate tax laws increased the lifetime exclusion … Read More
Resolving Parenting Time Conflicts
In Arizona, when parents are no longer married or not living together in paternity matters, they may have an agreement for parenting their children (legal decision making) and parenting time for when each parent will be with their children. The agreement may be a written agreement that they mutually agreed upon or they could have had the family law … Read More
An Easy and Effective Way for Employers to Protect Themselves
Imagine this scenario: Your company is in Arizona and one of your sales representatives goes to work for a competitor. He knows all about your pricing and bidding practices, so he helps your competitor undercut your prices. He then calls all of your customers and offers discounted pricing while telling them about the many flaws in your organization. After successfully soliciting many of your customers, he … Read More
Good Time to Try to Register that “#!$@*!ing” Trademark?
On June 19, 2017, the U.S. Supreme Court struck down the disparagement clause of the Lanham Act (15 U.S.C. § 1051 et seq.) in Matal v. Tam (137 S. Ct. 1744), holding that it violates the First Amendment’s free speech clause.
Before the Matal v. Tam decision, the United States Patent and … Read More
Exercise Caution When Seeking to Modify Parenting Issues in Arizona Family Law Cases
Recently, the Arizona Court of Appeals clarified that only one parent is required to file a motion to modify legal decision-making or parenting time. In Sundstrom v. Flatt, Mother exercised sole legal decision-making authority and shared equal parenting time with Father. She filed a petition to retain sole legal decision-making, reduce … Read More
Getting Divorced? Helpful Tips About Social Media and Electronic Data
Question: I know my spouse’s passwords to their social media accounts, bank accounts and/or financial accounts, can I log into their account and get the information we need to help win my case?
Answer: While this might sound like a really good idea, the answer is no. In doing so, you would likely be breaking a number of … Read More
The Potential Benefits of Divorce Mediation
Not all divorces need to be tried in court. Divorce mediation is an alternative the parties can choose instead of litigating their divorce in family law court and having the outcome decided by a judge. Mediation is a private process of resolving disputes by engaging a neutral third party who acts as a facilitator. Their role is to assist the divorcing couple … Read More
Nondeductible Spousal Maintenance Who Wins Under the New Tax Law?
Under the recently enacted tax reform act, spousal maintenance ordered by a decree or agreement executed after December 31, 2018 will no longer be deductible by the payer and will be tax free to the recipient. Supporters of this tax law change suggested that the deduction for “alimony” was a federal government subsidy that supported … Read More
Are Arizona Employees Entitled to a Paid Lunch Break?
Many employees believe that they are entitled to a lunch break. However, the answer – and in some cases the law - differs by state. In Arizona, employees are not entitled to a lunch break or even a ten-minute break because neither Arizona law nor the Fair Labor Standards Act (“FLSA”) requires employers to provide such breaks.
The FLSA, however, does require employers to pay … Read More
10 Steps to Take Now to Minimize Taxes under the New Tax Law
The overhaul of the Internal Revenue Code was passed by Congress on December 21, 2017 and signed into law by the President. Many changes become effective January 1, 2018. Although 2017 is almost over, the following are some actions to consider taking now to potentially save taxes.
Before the end of 2017 consider taking the following actions:
Pay 2017 state and local income taxes in 2017. … Read More