






 |
 |
 |
 |
| |
|
|
| |
 |
|
|
|
|
| |
 |
|
| |
|
|
| |
 |
|
|
| |
| |
 |
 |
 |
 |
Year-end Tax Tips
 |
| |
The first, and most important, step
is to talk with your tax adviser. Tax laws are
complicated and each case is unique. Only your own
advisor can properly counsel you.
If you're a cash basis taxpayer, pay invoices due in
January early-- prior to year end. Put off revenue
where possible. Every cent earned up to Dec. 31, 2006
has taxes paid in April 2007; whereas income deferred
to January 2007, will not owe taxes until April 2008.
Of course, any deferral strategy will depend on your
profit and losses for the year and your corporate
legal structure. However, the Democratic Congress may
work against you if President Bush doesn't hold the
line. If you've had a bad year--you have no profits or
are in a low tax bracket for 2006--reverse this and
accelerate income and delay expenses.
View complete article |
| |
 |
 |
Landlords: Beware of Boilerplate |
| |
When an injury occurs on a portion of the premises or
because of an activity exclusively under the control
of the tenant, the landlord is not liable since he
exercises no measure of control over the area or the
activity. If, however, the tenant does not have
exclusive control over the area, the question arises
as to whether the landlord retained sufficient control
to create a duty on his part to exercise due care in
maintaining the area. In a case decided during 2006 by
the Colorado Court of Appeals, the lease under which
the parties operated contained some standard
provisions that are fairly common:
View complete article
|
|
 |
 |
Forward Newsletter
 |
| |
Why keep good news to
yourself? Forward this newsletter to your business
associates to let them know how the Bush Law Firm can
help them with their legal issues.
Forward to a friend
 |
| |
 |
|
|
 |
 |
Beware of Tax Law Reversions Set for 2010 |
| |
If
you are considering accepting installment payments that
stretch into the year 2011 and beyond for the sale of a
capital asset, you should keep in mind that the tax
rates on gains from the sale of capital assets revert to
higher rates in 2011. If Congress fails to act between
now and then, your installment payments will become
significantly less valuable.
|
| |
 |
 |
New
Law Requires You to Verify Legal Work Status |
| |
Remember that under legislation enacted during the
special session this summer--starting Jan. 1, 2007--each
employer is required to affirm, within 20 days after
hiring a new employee, that the employer has examined
the legal work status and the documents required by
Federal law to prove that the new employee is authorized
to work in the U.S. The employer is required to keep
copies of the affirmation and the documents required by
Federal law during the entire term of employment.
Contact us for help with the affirmation or with
questions about employment practices.
|
| |
 |
 |
| |
 |
Bush
Law Firm Capabilities
 |
| |
The Bush Law Firm serves
clients with a wide range of business, corporate, and
estate planning services, including choice of entity and
formation, acquisitions and sales, business and real
estate transactions, exit and succession planning, and
wills and trusts. With more than 20 years of experience
in legal, business and government settings, Steve Bush
provides valuable perspective, experience and advice.
Click below for more information on his areas of
expertise and experience.
Learn More
 |
| |
 |
Watch for information about
our upcoming seminars

|
|
|
|
|
| |
This newsletter is designed and intended to provide only general
information, including news and articles of interest regarding
developments and changes in the law. This newsletter does not
solicit, establish, or continue an attorney-client relationship with
the Bush Law Firm. For help with these or any other legal needs,
please call the Bush Law Firm today. The information contained in
this newsletter, nor in the sending of this newsletter, should be
construed as legal advice or opinion. You should not rely on
anything contained in this newsletter without first discussing your
specific situation with an attorney. |
|
|
To be removed from further mailings from our list please click the
UNSUBSCRIBE link
|
| |
|