A new bill, House Bill 5665, was recently introduced to the House of Representatives, creating the Class 3 felony for false representation and fraudulent claims for real estate title. This bill has been long overdue. Legislative Summary: "Amends the Code of Civil Procedure. Provides that a person commits false representation concerning title to real estate, [...]
We recently received the following email communication from our website hosting company and felt that it's important to pass the word around. The email's text is copied in its entirety, and we disclaim any and all responsibility associated with the information set forth therein. "Dear Sir/Miss, You may have heard about Protect-IP (PIPA) and the Stop [...]
The IRS has issued the new 2012 optional standard mileage rates used to calculate the deductible operating costs of an automobile used for business purposes. The new rates are as follows: Beginning on Jan. 1, 2012, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be: • 55.5 [...]
Recently, the Wisconsin Department of Justice posted an extensive guidance on the implementation of the new Wisconsin concealed carry law, 2011 Wisconsin Act 35. For a summary of the DOJ’s emergency rules and procedures enacted to implement the new concealed carry law, see the DOJ’s website: http://www.doj.state.wi.us/dles/cib/ConcealedCarry/ConcealedCarry.asp http://www.doj.state.wi.us/dles/cib/ConcealedCarry/ccw-faq-20111020.pdf On November 7, 2011, the Joint Committee [...]
Effective November 1, 2011, the Wisconsin legislature enacted a new concealed carry law, 2011 Wisconsin Act 35 (the “Act”). Wisconsin joined the other 48 states that allow their residents to carry concealed weapons. In essence, the Act permits qualified residents to carry certain concealed weapons, including electric weapons, into parks, beaches, private business properties, and [...]
The IRS announced today the cost of living adjustments affecting the pension plan contribution limitations for tax year 2012. Many of the pension plan limitations for 2012 will increase due to the cost-of-living index adjustment. Some of the important changes are summarized below: The elective deferral (contribution) limit for employees who participate in 401(k), 403(b), most [...]
We are pleased to announce that Oleg Feldman has been selected to be part of Top Tier Legal Group, LLC. Top Tier Legal Group is a company that provides the general public with a network of some of the best, most trusted attorneys in the Southeastern Wisconsin. The company recruits attorneys that have been recommended to [...]
The IRS launched a new program that will enable many employers to resolve past worker classification issues at a low cost by voluntarily reclassifying their workers. This new program will allow employers the opportunity to get into compliance by making a minimal payment covering past payroll tax obligations rather than waiting for an IRS audit. [...]
We remember the heroes who risked their lives to save the lives of many. Dedicated to the memory of those lost in the September 11, 2001, terrorist attacks. "9/11 was one of the saddest days in American History. On 9/11 moment of silence is a must because we have to remember all of those who [...]
Recently, Illinois became one of the states to permit formation of low-profit limited liability companies (often called “L3Cs”), by adopting 805 ILCS 180/1-26, as added by P.A. 96-126 (the “Act”). The main advantages of L3Cs are their tax treatment and flexibility generally associated with the limited liability companies. Unlike traditional not-for-profit entities, L3Cs do not [...]
