Employee Could Not Deduct Forgiven Interest on Employer’s Loan
In a recent Tax Court case a taxpayer employee was denied interest deductions on a loan from his employer after the employer forgave the loan.The [...]
What Does March Madness Cost You?
I am a BYU alumnus. My team played Tuesday at 6 pm California time, after the workday. By the way, BYU overcame the biggest deficit [...]
California’s Greek Tragedy
I was reading a recent article in the Wall Street Journal entitled "California's Greek Tragedy" and ran across this shocking statistic:From the mid-1980s to 2005, California's population grew by [...]
Follow the Money
The California Supreme Court heard oral arguments a few days ago in Kirby v. Immoos Fire Protection, Inc. Kirby claimed, among other things, that his [...]
Do The Right Thing In The Right Way
One of my law school professors is credited with saying, "It's not enough to do the right thing. One must do the right thing in [...]
AB 469 Notice to Employees at Time of Hire
One of the many laws that affected employers in California for 2012 is AB 469 called the Wage Theft Prevention Act of 2011. It requires, [...]