Disallowance of Deduction of Fines and Penalties Versus Restitution
Subject to the origin of the claim test, most judgments or settlements paid by a business are fully deductible as ordinary and necessary business expenses…
Practice Tips for NIL Counsel: Supporting Parents of Student-Athletes
North Carolina high school student-athletes can lawfully commercialize their personal brands. With this shift in the legal landscape in favor of students,…
How to Survive Practicing Law While Being a Caregiver – Part 2
Parenting is hard. I am the last parent to pick up my children from daycare. Parenting as an attorney is hard. I miss my children’s activities to meet work…
Ethical and Practical Uses of AI for Paralegals: Part 2
My last post on AI focused on simple and practical ways that artificial intelligence can make everyday tasks in the legal field more efficient. In this post,…
Everybody Has a Plan . . .
Life as a lawyer can be a battle. Clients are demanding. Opposing counsel can be adversarial. And sometimes the greatest burden we carry is the one we put on…
The Myth Behind North Carolina’s Mandatory Construction Warranty
The first time a general contractor client mentioned, matter-of-fact, that North Carolina law required general contractors to provide a one-year construction…
Appellate Insights Recap: Navigating Urgency with U.S. Supreme Court Emergency Applications Attorney Robert Meek
At the United States Supreme Court building, there are statues of tortoises at the bottom of several lampposts. These tortoises symbolize the slow, deliberate…
Think Twice – Avoiding Waiver of the Attorney-Client Privilege Through Issuance of a Press Release
Your company has just been sued by a competitor for patent infringement, deceptive advertising, unfair competition, or any number of other business torts. The…
Empowering Seniors Through the Opt-Inspire Initiative
The North Carolina Bar Association is proud to launch the “Opt-Inspire Initiative,” a new pro bono program that empowers seniors with critical digital…
Federal Income Tax Update
I. Sections 453 and 1042 Deferral Provisions Can Apply in the Same ESOP Transaction; Berman vs. Commissioner, 163 TC No. 1 (2024). In 2002, Mr. and Mrs.…