The most prominent tax characteristic of a partnership or LLC is that these entities are flow-through entities for tax purposes. Consequently, the entities do not pay taxes themselves. Rather, they report to the IRS their income and the partners' or members'...
Discover some of the executive orders issued and tariffs implemented by President Donald J. Trump since his inauguration on January 20, 2025, and their potential impact on the insurance industry. Read now » Related Content Presidential Executive Actions...
Background Founded in 2024, Whitehall & Associates has quickly become one of Australia’s leading personal injury law firms. Committed to building strong, long-term client relationships founded on trust and reliability, Daniela Anicic, soon to be a Principal...
Market Trends 2024/25: Disclosure on the Holding Foreign Companies Accountable Act Foreign companies accessing U.S. capital markets are required to provide audited financial statements as part of their periodic disclosure obligations. However, if the U.S. Public...
Expect a lot of activity at the state level on insurance issues in 2025, so says attorney Karen C. Yotis , content manager for insurance on the Practical Guidance team for LexisNexis®. We asked Yotis, a frequent contributor to State Net® Capitol Journal™...
CA Urges Insurers to Make Things Easier for LA Wildfire Victims California Insurance Commissioner Ricardo Lara (D) issued a notice to residential property insurance companies in the state urging them to go beyond their legal obligation and pay policyholders affected...
Google Weighs in on Social Media Age Verification Days after Utah passed a first-in-the-nation law ( SB 142 ) requiring app stores to verify the age of users, Google finally weighed in publicly on the subject of minors’ access to social media. In a blog...
State Lawmakers Take Aim at Crypto Kiosks Lawmakers in at least 15 states have introduced bills to regulate cryptocurrency kiosks, which are often found at convenience stores and gas stations. The bills would limit transactions, generally to $1,000 per day, and...
The KRC team really enjoyed all the captions you submitted in honor of National Library Week! Voting closed last night, and the winners are . . . 1 st place – “Libraries Draw Communities Together” submitted by Cathy Hardy (Fenwick & West...
KRC Insights: Did You Know? Easily Find Segments for Searching Specific Content Types What’s New: Product Updates, Thought Leadership, & Practice Area Resources Legal Challenges to 2025 Presidential Executive Orders and Actions Tracker (Practical...