When Congress took no action regarding estate taxes in 2009 — 2010 ushered in an automatic end to estate and generation-skipping taxes for a period of one year.
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News & Articles
Zoning Law: What You Don’t Know Really Can Hurt You
Today, virtually all real estate purchasers recognize and appreciate the term “due diligence”.
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Case Study: Verdicts & Settlements June 28, 2010: Lumber truck drops load in path of driver, passenger
Written by Virginia Lawyers Weekly
Case Study: Marilyn Morgan Session, Plaintiff, v. Tiffany C. Anderson, et al., Defendants
UPDATE: Don’t Ignore the Tax Consequences of the Patient Protection and Affordable Care Act
We recently posted an article concerning the self employment tax. Passage of President Obama’s healthcare legislation, the Patient Protection and Affordable Care Act, which the President signed into law on March 23, is cause for an update.
When Restructuring Debt Be Sure to Be Aware of Potential Tax Consequences
Much has been written over the past year and a half about the epidemic of home foreclosures.
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Be Sure to Review Your Estate Plan in Order to Ensure Consistency with Recent Estate Tax Changes
You are doubtless aware that the failure of Congress to extend the federal estate tax and generation-skipping transfer tax system before January 1 of this year has created a great deal of uncertainty.
Small Business Owners and Partners Need to Remember the Tax Consequences of Self-Employment
The nature of an individual’s tax liability will typically rely upon whether they are employed by an employer or self-employed.
Misrepresentations As to Work Performed by Contractors Only Support Action for Breach of Contract and Not Fraud
The Supreme Court of Virginia recently applied and reaffirmed the rule that representations as to performance of duties imposed by contract, although unquestionably deliberate and false, only support recovery of compensatory damages based on breach of contract and not punitive damages based on fraud. Dunn Construction Company, Inc., v. Cloney, 278 Va. 260 (2009).
Recent Legislative Enactments Affect Health Care Providers
In the most recent legislative session, the Virginia General Assembly enacted several laws which affect health care professionals. Below is a summary of the most significant legislative acts. Each of these acts became effective on July 1, 2009.
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