Many real estate transactions, to some extent, involve escrow. In fact, escrow is a term often used but not often delineated. Let us further educate ourselves on what escrow entails and how we could intelligently…
A recent tax case won by the IRS has closed a loophole employed by S corporations to circumvent paying payroll taxes by characterizing their wages as distributions. This ruling might have serious repercussions in the…
When watching TV shows or movies, it seems like minors (especially high school-aged teenagers) have easy access to alcohol and can get into nightclubs without any consequences. In real life, that isn’t true. The legal…
In the US, each state can have different laws regarding the carrying and use of firearms within the state. As such, it is imperative to know your rights as a responsible gun owner. While some…
According to federal and state regulations, antitrust laws aim to limit unfair practices by companies as they artificially change prices for the consumer. These regulations are important as they help the continued growth of economies,…
Most students receive financial aid to attend public or private universities. The question then arises if such aid is taxable or not. Let us explore the intricacies involved in treating financial aid taxable or non-taxable.…
Protecting Your Ideas with Contracts Probably, the most effective and efficient methodology to protect your ideas is through well-drafted contracts. Contracts could be express or implied-in-fact. If the agreement was not put into writing, the…
Registering as a Sex Offender in California When convicted of certain sex crimes under the California Penal Code, the convict is required to register under the California sex offender registration law. Moreover, the convict must…
The criminal justice system in California has delineated in the penal code a specific measure, accessible to some, that allows for the expungement of a conviction. California Penal Code 1203.4 grants individuals the ability to…
