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11 Apr 2024, 9:05 am by Jeffrey J. Spina-Jennings
As a reminder for those familiar, the acts that trigger an excise tax include: (i) taxes on the private foundation’s net investment income,[15] (ii) prohibitions on self-dealing transactions,[16] (iii) failure to make the required five percent (5%) qualifying distributions to charities,[17] (iv) prohibition on excess business holdings,[18] (v) prohibition on holding jeopardizing investments,[19] and (vi) taxable expenditures,[20] none of which apply to a 501(c)(4).[21] Despite the… [read post]
3 Apr 2024, 9:01 pm by renholding
Whether you’re here in person or participating virtually from around the country, or even overseas, I thank you for joining us. [read post]
4 Mar 2024, 5:56 pm
TheCTA exempts twenty-four kinds of entities from its reporting requirements,including banks, insurance companies, and entities with more than twentyemployees, five million dollars in gross revenue, and a physical office in the UnitedStates. [read post]
13 Feb 2024, 9:09 am by CFM Admin
Of the 23 Exemptions, the following are relevant to entities that operate in the investment management space: Any broker or dealer of securities that is registered under Section 15 of the Securities Exchange Act of 1934 (the “Exchange Act”); Any entity registered with the SEC under the Exchange Act; An investment company under Section 3 of the Investment Company Act and registered with the SEC; An RIA (please note that state registered investment advisers and ERAs that are… [read post]
18 Dec 2023, 2:48 pm by CFM Admin
December 18, 2023 Clients, Friends, and Associates: As we near the end of 2023, we have highlighted some recent industry developments that will likely impact many of our clients. [read post]
14 Dec 2023, 11:37 am
He wants the jury to be instructed on gross vehicular manslaughter while intoxicated, which is a lesser offense, and of which he's pretty clearly guilty. [read post]
  Second, the OTA determined the sole case cited by the FTB in support of its position, Chase Brass & Copper Co., Inc. v. [read post]
13 Nov 2023, 5:33 am by Eugene Volokh
I also think the Supreme Court was right in Cohen v. [read post]
8 Nov 2023, 12:40 am by Frederick B. Goldsmith
In the Labor Day 2019 D/V CONCEPTION casualty, 33 passengers and one crewmember perished, all below deck in the passenger bunkroom as the dive excursion vessel burned to the waterline just offshore Santa Cruz Island, near the California coast. [read post]