1031, tax, exchange, services,real estate, property,misconceptions The Exchangor has a maximum of 180 days from the closing of the relinquished property or the due date of that year’s tax return, whichever occurs first, to acquire the replacement property. This is called the Acquisition Period. The first 45 days of that period is called the Identification … Read more
Learned Hand earned the distinction as the “tenth Justice of the Supreme Court” by penning opinions that would be quoted by lawyers and laymen alike. In 1934, Circuit Court of Appeals Judge Hand wrote one of his more famous though often misquoted opinions in Helvering, Commissioner of Internal Revenue v. Gregory, 69 F.2d 809 (2d … Read more
In the world of international business, corporations that operate in different countries sometimes pursue reorganizations. They may do this to streamline operations to maintain a competitive advantage. They may also do it to change their corporate ‘persona’ with a new management and operating structure. When a multinational corporation reorganizes, it takes into consideration the tax … Read more
Paralegal career is a challenging and rewarding career that is in the rapid growth trend in the job market. Paralegals provide administrative support to legal professions and they play an important role in assisting the attorneys in the delivery of legal services. There are many paralegal education programs available in various colleges and universities that … Read more
Are you on a debt management plan and have no idea what the dos and don’ts are? Keep reading for a detailed analysis on what to do and what not to do when you are following a debt management program. Role of the Debt Management Plan A debt management plan (DMP) can help you make … Read more