In many states, music production credits play second fiddle to film credits among entertainment industry incentives. Though music production credits may not grab the headlines, several states offer incentives for musicians and producers.
The Internal Revenue Service (IRS) issued guidance explaining the circumstances in which it will not challenge partnership allocations to its partners under §47, rehabilitation tax credits. Rev. Proc. 2014-12, 2014-3 I.R.B. 415, establishes the requirements of a “safe harbor.” According to the Rev. Proc., if the partnership follows the guidelines of the safe harbor, the IRS will not challenge the allocations of the §47 credit.
News of President Obama’s executive order mandating use of pin-and-chip technology in credit cards used by federal workers and in debit cards used to allocate government benefits such as Social Security was applauded by retailers, who say it will spur adoption in the private sector.
For many of us, the question of who will take care of us when we are "old" seems obvious. It will be our spouse and/or children. But what if you were never married and/or never had children? Who will step in to manage your needs when you are unable to do so? What if you are a member of the LGBT community?
As litigators, you are experts in trying cases. You intuitively know the difference between a motion to dismiss and one for summary judgment. You understand why you need to move for a directed verdict to protect the right to move for judgment non obstante veredicto. You are skilled in the chess match that is typical in litigation—who makes a good witness; how to present your client's story; in short, what it takes to move the fact-finder.
The Marcum Tech Top 40 honors companies in software, Internet and telecom, energy, life sciences and advanced manufacturing who are headquartered in Connecticut. Companies disclose sales figures to the Connecticut Technology Council, and if they had at least $50,000 in revenue in 2009 and at least $3 million in 2013, they're eligible for the honors.
Saving taxes tends to drive most discussions between advisors and clients, but enhancing asset performance and principal protection are also worthy of consideration. By maximizing asset-class entities' and equities' performance as well as reviewing the applicability of making Section 1031 elections and using cost segregation, advice in these areas help clients achieve additional economic benefits they might not have considered on their own.