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Tuesday, May 11, 2021 Although it is unclear what will happen to capital gains rates over the course of the next year, it is important to discuss the implications of what a rate hike could mean. We don’t know for certain whether the capital gains rate will be adjusted, what rate would apply if it were or when it would be effective. Below we discuss planning ideas that are available to those who fall into the following categories: (1) taxpayers expecting to recognize capital gains in...

To embed, copy and paste the code into your website or blog: Private equity and venture funds have been critical partners of the solar industry in recent years. Fund managers and the limited partners in their funds have sought broad exposure to solar assets—both utility scale and commercial and industrial scale—in search of increasingly attractive returns and the opportunity to participate in sustainable and clean energy projects. Solar developers therefore have found a reliable participant...

Monday, May 10, 2021 Private equity and venture funds have been critical partners of the solar industry in recent years. Fund managers and the limited partners in their funds have sought broad exposure to solar assets—both utility-scale and commercial and industrial-scale—in search of increasingly attractive returns and the opportunity to participate in sustainable and clean energy projects. Solar developers, therefore, have found a reliable participant in their projects and routi...

As highlighted in a prior September 10, 2020 LawFlash on this same topic, the IRS had announced on August 28, 2020 the temporary approval of the use of digital signatures in a news release ( IR-2020-194, the News Release). This News Release allowed a limited number of IRS forms to be digitally signed. The Memorandum is broader in scope and provides some clarity on what type of signatures are acceptable. In addition to digital signatures, the Memorandum specifically includes electronic signatur...

Labor Law Attorneys, at Blumenthal Nordrehaug Bhowmik De Blouw LLP, File Lawsuit Against Spencer Construction LLC Alleging Violations of California Labor Code Share Article The lawsuit alleges Spencer Construction LLC violated the California Labor Code by failing to compensate their employees for missed meal and rest breaks. Law Office of Blumenthal Nordrehaug Bhowmik De Blouw LLP For more information about the lawsuit against Spencer Construction LLC, call (800) 568-8020 to speak to an experie...

To embed, copy and paste the code into your website or blog: On April 27, the Internal Revenue Service (“IRS”) issued informal guidance on partial plan terminations as part of the COVID-related tax relief provided under Consolidated Appropriations Act of 2021. The Relief Act was intended to provide a measure of relief for qualified plan sponsors that experienced layoffs due to COVID-19. The layoff of a significant number of employees could cause a plan to incur a partial plan termination. ...

Suspects Apprehended in Assault on Asian Couple Posted On Surveillance video shows police officers arresting suspect Tuvorius Mencer. (ABC7) ONTARIO — Ontario police have arrested two men believed to be involved in an assault, which occurred at the Ontario Mills Mall. On April 4 at 5:15 p.m., suspects Tuvorius Mencer and Terrell Plaines physically assaulted an Asian couple after having an exchange of words regarding social distancing while inside the Levi’s Outlet Store. During the incide...

To print this article, all you need is to be registered or login on Mondaq.com. On March 11, 2021, President Biden signed into law the American Rescue Plan Act of 2021 (the " Rescue Plan"). 1 This post reviews Section 9641 of the Rescue Plan, which makes available tax credits to certain employers who voluntarily provide paid time sick leave and family and medical act leave to employees for absences occasioned by the pandemic, from April 1, 2021 through September 30, 2021...

What’s going on with Canton’s Democratic Party? City leaders have varying opinions. Sign out front of Canton City Hall. (Source: WLBT) By Anthony Warren | April 27, 2021 at 4:37 PM CDT - Updated April 27 at 5:46 PM CANTON, Miss. (WLBT) - For Marion Freeman, it’s like Jim Crow all over again. The 74-year-old member of Canton’s Democratic Executive Committee remembers when Black people couldn’t vote … when African Americans were forced to endure near-impossibl...

To embed, copy and paste the code into your website or blog: To many in the cannabis industry, REIT is not a common acronym. Yet, as cannabis businesses seek ways to access additional capital, REITs are coming up in more and more conversations.   What is a REIT? “REIT” stands for Real Estate Investment Trust. Typically, a REIT is a corporation that has elected to be taxed as a REIT (which provides several tax advantages, including the ability to deduct dividends from taxable income). REITs...