Daily Archives April 13, 2015

S Corporations – Filing The Election

S Corporations – Filing The Election

by: Richard A. Chapo

Getting a corporation designated as an “S” can be a bit confusing. If you are committed to getting an “S” corporation, here is how you do it.
“S” Corporation
The “S” in S corporation refers primarily to a tax designation. While electing to be an S corporation does have legal implications, such as no more than 75 shareholders, the designation really concerns pass through tax issues. Put in layman’s terms, the designation simply means the corporation will “pass through” its taxes to shareholder in proportion to their ownership interests. This allows shareholders to claim profits and losses directly on their taxes and avoid the double taxation of a C corporation.
To become an S corporation, you must file an elec...

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Divorce: Coping With The Family Law Process

Divorce: Coping With The Family Law Process

by: Charles M. Goldstein

The Emotions
Divorce is a scary, lonely and misunderstood process for most people, particularly when there are children involved. The mutual friends enjoyed during the marriage may not be of help because those individuals may not want to “pick a side.” A divorce will introduce you to an entirely new balancing act.
The Effect on Productivity at Work
You must be conscious of how the divorce process affects your ability to function on your job. There may be occasions when you will feel overwhelmed by a typical day’s workload. On such occasions, you may wish to apportion work in terms of what you can handle.
You may at times find yourself uncharacteristically testy and acerbic to friends and colleagues, uncommunicative, depre...

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Lawsuit Anatomy

Lawsuit Anatomy

by: Frederick Graves, Esq.

Anatomy of a Lawsuit
Learning the anatomy of civil lawsuits is as easy as spelling “CAT”.
Complaint – Answer – Trial
It’s as simple as that!
Master this simple truth and you will soon be operating successfully in court.
Plaintiffs file complaints.
Defendants file answers.
Judges examine the facts and law at trial to decide who wins.
It’s not difficult if you keep these three steps in mind.
Every lawsuit has this same fundamental anatomy.
Complaint. Answer. Trial.
If you can spell “CAT”, you can master the basics.
C = Complaint … Where the case begins, when the plaintiff complains.
A = Answer … Where the defendant responds to the plaintiff’s complaint.
T = Trial … Where the judge (or jury) decides the final verdict.
After the plaintiff ...

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Vioxx Recall Lawsuits

Vioxx Recall Lawsuits

by: T.Going

The drug Vioxx is a COX-2 inhibitor designed by the company Merck Inc. It was ordered to be pulled from American and European markets on April 7th 2005 after it was discovered that there were potentially deadly side effects from its use.
Doctors and researchers both believed that the drug Vioxx could cause cardiovascular problems and recently a Texas jury awarded a $253.4 million wrongful death settlemtn to the widow of a man who allegedly died from Vioxx-related complications.
Experts will now agree that Merck knew of the danger the Vioxx presented, but instead chose to market the drug as a safe way to reduce pain and inflammation...

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Accident Compensation Claims

Accident Compensation Claims

by: John Eastwood

To get accident compensation claims accepted in the UK, you should contact your lawyer immediately after the accident. The kinds of accidents you might get involved in include road traffic accidents, hit and run accidents, accidents at work, accidents caused while performing leisure activities, and whilst on holiday abroad. Injuries might include lacerations, fractures, and whiplashes.
You can get accident compensation if you are involved in a road accident as a driver, passenger, cyclist, or pedestrian. The other party’s insurance company makes the payment, in hit and run cases and in others where there is no insurance cover.
Employers have a legal obligation to protect workers against accidents at the workplace...

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