Category: Uncategorized

$2.3 Billion of Taxable Income Disappears Via Alimony Reporting

Tax reporting for alimony payments is a relatively straightforward process.  Those who pay alimony deduct the amount on their tax return when calculating their taxable income.  Those who receive alimony must report the amount received as taxable income.  These requirements should result in a shifting of taxable income without changing the total amount.  In order …

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Permanent link to this article: http://betweenthenumbers.net/2014/05/2-3-billion-of-taxable-income-disappears-via-alimony-reporting/

Non-competitor can get false advertising damages

In Lexmark Int’l, Inc. v. Static Control Components, Inc., (U.S., No. 12-873, 3/25/14), the U.S. Supreme Court recently determined that a company can assert a false advertising claim against a non-competitor under Section 43(a) of the Lanham Act if it can “show economic or reputational injury flowing directly from the deception wrought by the defendant’s …

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Permanent link to this article: http://betweenthenumbers.net/2014/04/non-competitor-can-get-false-advertising-damages/

Speculative damages lead to summary judgment

When it comes to damage calculations, the term “speculative” is effectively a death sentence.  In order to provide evidentiary value, a damage calculation must be to a reasonable degree of certainty.  In Carter v. Clements Walker PLLC, et al. (“CW”), the Court found that despite an expert opinion that Carter suffered $33 million in damages, …

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Permanent link to this article: http://betweenthenumbers.net/2014/01/speculative-damages-lead-to-summary-judgment/

Have you Considered Adding a Computer Digital Account Plan to your Estate Plan?

A recent article, written by Sarah Butters, Esq. and David Shayne, Esq. of Holland & Knight, highlights an important issue that should be considered in estate plans.  Normally, an estate plan contains a will, power of attorney, and a healthcare directive.  In today’s digital world though, many of our important documents and information are stored …

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Permanent link to this article: http://betweenthenumbers.net/2013/12/have-you-considered-adding-a-computer-digital-account-plan-to-your-estate-plan/

Embezzler’s 401k is off limits to victim employer

Recently, in the matter of Richard Todd Thomas v. James S. Bostwick, the Northern District of California rejected a motion to dismiss, allowing a convicted embezzler to pursue retirement funds retained by his former employer (the victim of his crimes). Thomas was an employee of James S. Bostwick, a Professional Corporation (“Bostwick, Inc.”) from 1996 …

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Permanent link to this article: http://betweenthenumbers.net/2013/10/embezzlers-401k-is-off-limits-to-victim-employer/

Best Places to Work in Los Angeles

The Los Angeles Business Journal (LABJ) just published its list of the best companies to work for in Los Angeles for 2013.  The LABJ ranks the top 100 companies in Los Angeles, and segregates the list into Large (250+ employees), Medium (50-249 employees) and Small (15-49 employees) companies. The best places to work in Los …

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Permanent link to this article: http://betweenthenumbers.net/2013/08/best-places-to-work-in-los-angeles/

Businessweek Publishes Its List of Top Undergraduate Business Schools

Businessweek has released its current list of the top undergraduate business programs in the US.  The top three placeholders held strong from their 2012 ranking: University of Notre Dame’s Mendoza College of Business University of Virginia’s McIntire School of Commerce Cornell University’s Dyson School of Applied Economics and Management   The fourth and fifth place …

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Permanent link to this article: http://betweenthenumbers.net/2013/04/businessweek-publishes-its-list-of-top-undergraduate-business-schools/

How Much House Can You Afford?

The recent real estate bubble and foreclosure crisis that California faced has left first-time home buyers wondering how much home they can really afford.  With the relatively lower current prices and record low interest rates, the California Association of Realtors (C.A.R.) is suggesting it’s an opportune time to buy.  C.A.R. published the following chart that …

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Permanent link to this article: http://betweenthenumbers.net/2013/02/how-much-house-can-you-afford/

Incentives for Scientific Research Are Changing

The research community has historically shown a strong bias toward work that would ultimately create a profitable product or solution.  As a result, many solvable problems without a ready and lucrative market get little attention.  This is a frequent complaint amongst those with obscure illnesses.  The research funding has simply not been there. The increase …

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Permanent link to this article: http://betweenthenumbers.net/2013/01/incentives-for-scientific-research-are-changing/

Credit Agency Reform should be a Congressional Priority

My post yesterday summarized a recent SEC inspection report that showed dramatic continuing failures by the credit reporting agencies.  The post also indicated that the SEC is unable to address the needed changes on its own. In mid-December, the SEC issued a separate report required under section 939F of Title IX, Subtitle C. The SEC …

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Permanent link to this article: http://betweenthenumbers.net/2012/12/credit-agency-reform-should-be-a-congressional-priority/