This is very well put, and I agree with it unreservedly. But I do think that it's worth bearing in mind that "trans rights" is, for better or worse, an evolving concept in the culture at the moment. I grew up in the 70s…
It certainly can be confusing. I generally use the term "nonprofit" to mean a corporate entity formed under a nonprofit corporation act, e.g., one derived from the Model Nonprofit Corporation Act. This says nothing…
As noted elsewhere, the EITC is a so-called "refundable" credit. It wouldn't serve its intended purpose if it wasn't refundable.
>> The US tax code is very clear on that point and is not open for debate. > Anyone who has ever worked with an accountant knows this isn't true. The point being referred to here is that you can't take a deduction for…
Your advice above about maybe not spending recent withdrawals is really good. I just want to point out that recovery of "preferences" (which is what these withdrawals might, possibly, be) doesn't depend on there having…
That case probably (it's been a while since I checked) still shows up in most business law casebooks, but it doesn't really help much in understanding modern judicial thinking about the role of "profit motivation" in…
What tax, specifically, is Delaware a haven from? Incorporating in Delaware doesn't get you out of Federal income taxes, or state income taxes (to the extent your operations, which are probably not based in Delaware,…
I worked in the same building in Honolulu as these folks. Several of us were able to buy various bits of hardware left over after they wrapped. I ended up with a massive monitor that I used for years after. My…
"Quiet enjoyment" is a archaic legal term of art, arising (I believe) in law governing conveyances of real property. The Black's law dictionary on my desk defines "quiet" in this context as "Unmolested; tranquil; free…
Another (transactional) lawyer here. While I generally agree with this, there are still circumstances in which something like a VC system would be useful. It's not uncommon for documents to go through a dozen or more…
I'm a lawyer, and a former (and still occasional) programmer. In my experience, tools developed for (or at any rate, targeted at) lawyers seem to always be bloated, slow, and of negligible utility as far as I can tell.…
The main "pro" of a successful Chapter 11 is that a viable but struggling business is saved (along with the jobs provided by the business), although the investors in the business may see their investment wiped out. As…
> You pay taxes based on where you have a nexus, such as an office. That's true as far as it goes, but the requirements for "nexus" were significantly weakened a few years back by South Dakota v. Wayfair. It is no…
Amazed to see Trollope mentioned here. I read Dr. Thorne probably twenty years ago, and liked it OK. I recently found, and have been completely blown away by, the Timothy West recordings of Trollope on Audible. They are…
> Actually, the situation i long for is before the creation of the LLC, where shareholders were responsible for paying for the corporations lawsuits. LLCs are fairly recent invention, and also one that hurt consumers a…
IIA[American]L. The answer to your question about how lawyers figure out changes to the law is: they give an assignment to a new associate (or law student, in the case of scholars) to track down the history manually.…
I hear you, but if your assessment is based on XSLT 1.0 (which is likely, since 2.0 was not very widely implemented) you might reconsider. The differences between 1.0 and 2.0 are so stark and significant that they're…
No. In a Chapter 11, the debtor (referred to in this context as the "debtor in possession") remains in control of the proceeding (with court oversight). Generally, the purpose of an 11 is to reorganize or restructure,…
This is very well put, and I agree with it unreservedly. But I do think that it's worth bearing in mind that "trans rights" is, for better or worse, an evolving concept in the culture at the moment. I grew up in the 70s…
It certainly can be confusing. I generally use the term "nonprofit" to mean a corporate entity formed under a nonprofit corporation act, e.g., one derived from the Model Nonprofit Corporation Act. This says nothing…
As noted elsewhere, the EITC is a so-called "refundable" credit. It wouldn't serve its intended purpose if it wasn't refundable.
>> The US tax code is very clear on that point and is not open for debate. > Anyone who has ever worked with an accountant knows this isn't true. The point being referred to here is that you can't take a deduction for…
Your advice above about maybe not spending recent withdrawals is really good. I just want to point out that recovery of "preferences" (which is what these withdrawals might, possibly, be) doesn't depend on there having…
That case probably (it's been a while since I checked) still shows up in most business law casebooks, but it doesn't really help much in understanding modern judicial thinking about the role of "profit motivation" in…
What tax, specifically, is Delaware a haven from? Incorporating in Delaware doesn't get you out of Federal income taxes, or state income taxes (to the extent your operations, which are probably not based in Delaware,…
I worked in the same building in Honolulu as these folks. Several of us were able to buy various bits of hardware left over after they wrapped. I ended up with a massive monitor that I used for years after. My…
"Quiet enjoyment" is a archaic legal term of art, arising (I believe) in law governing conveyances of real property. The Black's law dictionary on my desk defines "quiet" in this context as "Unmolested; tranquil; free…
Another (transactional) lawyer here. While I generally agree with this, there are still circumstances in which something like a VC system would be useful. It's not uncommon for documents to go through a dozen or more…
I'm a lawyer, and a former (and still occasional) programmer. In my experience, tools developed for (or at any rate, targeted at) lawyers seem to always be bloated, slow, and of negligible utility as far as I can tell.…
The main "pro" of a successful Chapter 11 is that a viable but struggling business is saved (along with the jobs provided by the business), although the investors in the business may see their investment wiped out. As…
> You pay taxes based on where you have a nexus, such as an office. That's true as far as it goes, but the requirements for "nexus" were significantly weakened a few years back by South Dakota v. Wayfair. It is no…
Amazed to see Trollope mentioned here. I read Dr. Thorne probably twenty years ago, and liked it OK. I recently found, and have been completely blown away by, the Timothy West recordings of Trollope on Audible. They are…
> Actually, the situation i long for is before the creation of the LLC, where shareholders were responsible for paying for the corporations lawsuits. LLCs are fairly recent invention, and also one that hurt consumers a…
IIA[American]L. The answer to your question about how lawyers figure out changes to the law is: they give an assignment to a new associate (or law student, in the case of scholars) to track down the history manually.…
I hear you, but if your assessment is based on XSLT 1.0 (which is likely, since 2.0 was not very widely implemented) you might reconsider. The differences between 1.0 and 2.0 are so stark and significant that they're…
No. In a Chapter 11, the debtor (referred to in this context as the "debtor in possession") remains in control of the proceeding (with court oversight). Generally, the purpose of an 11 is to reorganize or restructure,…