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Are Promissory Notes Securities?
Posted in Firm News on November 6, 2019
Federal and state securities laws broadly define a “security” to include a “note” and “evidence of indebtedness.” However, the United States Supreme Court has recognized that not all notes are securities. The Court established a “family resemblance” test to determine if a note is similar to certain types of notes that are not considered securities,… (Keep reading)
Posted in Firm News on September 16, 2019
For years an “S” Corporation was not able to have a non-resident alien be a shareholder. However the treasury department has issued a regulation to amend regulations to electing small business trusts (ESBTs) that are grantors.
Posted in Firm News on September 11, 2019
Posted in Firm News on August 30, 2019
Posted in Firm News on July 30, 2019
Posted in Firm News on July 24, 2019
Imagine that you have just had a major health problem that put you into the hospital and you are incapacitated. The hospital will only allow two contacts to have an information code to talk to the Doctors. Who gets them? How does the hospital know? What can be done to make sure that the information… (Keep reading)
Posted in Firm News on July 12, 2019
⇢Importance of Bookkeeping⇠ What is Bookkeeping? noun – [b oo k-kee-ping]: The work or skill of keeping account books or systematic records of money transactions (distinguished from accounting). dictionary.com Key Components of Bookkeeping: Recording Financial Transactions Posting Debits and Credits Producing Invoices Bookkeeping Helps Keep a Clear Picture of Your Company’s Financial Health! Is your business organized?… (Keep reading)
Posted in Firm News on June 27, 2019
