Daniel Nevis

Congress takes aim at litigation reform. On February 15, 2018, the House of Representatives, in a largely partisan vote, passed the ADA Education and Reform Act (H.R. 620), intended to curb vexatious and predatory litigation practices against property owners and small businesses over technical violations of the Americans with Disabilities Act (“ADA”). read more.

California's proposed response to the reduced "SALT" federal income tax deduction. read more.

Assembly Bill 1278 prevents "dead beat" contractors from staring new companies but may pose unintended consequences for former personnel. read more.

Effective January 1, 2018, brokers that desire to grant their agents or employees access to trust accounts will now be permitted to obtain insurance coverage in lieu of a fidelity bond. read more.

With recently passed "Tax Cuts and Jobs Act" of 2017, 529 savings plans now cover elementary and secondary school tuition, and school-related expenses. Each beneficiary under a 529 plan would be allowed to receive up to $10,000 per year in tax-free distributions to cover such expenses. read more.

An S-Corp and an LLC both offer liability protection, the opportunity to be taxed as a partnership, and are fairly friendly when it comes to adding new partners or growing your business. An S-Corp is subject to the same tax rules as a C-Corp when it comes to the transfer of property which may pose potentially dramatic financial consequences. read more.

Partner Daniel Nevis and Associate Carrie MacIntosh give overview of the American with Disabilities Act (ADA) in the June issue of Western Real Estate Business. read more.