What’s News
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Legal Fees: Are Your Legal Fees Deductible?
Generally, legal fees may be currently deductible as ordinary and necessary business expenses. Examples of legal actions in which fees are currently deductible include: Continue reading →
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REO Sales for Rental to Hit the Market in Full Force
On February 1, 2012, President Obama, as part of an overall plan to assist homeowners and help the housing market, announced a pilot plan for the U.S. Federal Housing Finance Agency (the “FHFA”) to sell REO currently held by Fannie Mae for transition into rental housing as a way to help stabilize neighborhoods and improve home prices. Continue reading →
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Commercial Real Estate Workouts – 2012
Many commercial real estate investors have been considering a return to the market. The following is a discussion of the issues that will affect the price of commercial real estate. Continue reading →
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Annual Minutes Required
If we are representing your corporation/limited liability company (or we have set up this entity for you), we will now require that you return our annual checklist so that we can prepare legally sufficient Minutes for your records. In this … Continue reading →
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California Capital Access Program
The California Capital Access Program (“CalCAP”) is a lending program with the objective of encouraging banks and other financial institutions to make loans to small businesses. With CalCAP portfolio insurance, a lender is able to cover portions of loans that exceed the risk threshold normally allowed for business loans. Continue reading →
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Legal Fees: Are Your Legal Fees Deductible?
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Author Archives: Gay
Annual Minutes Required
If we are representing your corporation/limited liability company (or we have set up this entity for you), we will now require that you return our annual checklist so that we can prepare legally sufficient Minutes for your records. In this … Continue reading
Third Party Payment Processing Services
The FDIC issued FIL-3-2012 on January 31, 2012 (“FIL-Payment Processing”), which offered additional guidance to those financial institutions with payment processor relationships. The payment processor is a deposit customer of the financial institution and uses its relationship to process payments … Continue reading
Purchase of Tenant-In-Common Interest
Recently we have seen an increase of the purchase of a tenant-in-common interest in real estate in certain parts of the country. These purchases are made by individuals who intend to live on the premises and appear like the purchase … Continue reading
Link to Buy-Sell Agreement Seminar
To my clients and colleagues: We wanted to give you the link to my upcoming presentation in case you and a member of your firm or company would like to register. Here is a link to the seminar webpage: … Continue reading
National Business Institutes Seminar on Buy-Sell Agreements
We have started to circulate a newsletter and I will be giving a National Business Institutes Seminar on “Buy-Sell Agreements”, on November 19, 2011. Let us know if you would like a copy of our newsletter or the handout materials … Continue reading
What’s New with Ms. Alexson
Ms. Alexson recently served on an American Bar Association Banking Section Committee which advised certain federal government agencies on policies regarding the use of electronic signatures under the federal ESign Act. Continue reading
Mobile Apps – FTC Consent Decree
The Federal Trade Commission(“FTC”) settled with a mobile app developer and owner over charges that the parties violated the Children’s Online Privacy Protection Act (“COPPA”) by collecting information from children under the age of 13 without prior parental consent. Continue reading
