business | Law Firm Newswire - Part 4

Virginia Beach, VA (Law Firm Newswire) July 11, 2013 – A recent court decision illustrates the potential pitfalls of investing in “alternative” assets with an individual retirement account. Lawrence Peek and Darrell Fleck of Colorado used assets held in their self-directed IRAs to purchase a fire-safety business. In a May 9, 2013 ruling, a judge for the U.S. Tax Court said that the pair’s actions were not allowed and effectively terminated their accounts when they made the transaction. The two now owe taxes amounting to nearly half a million dollars. “IRA funds can be invested in a number of ways […]


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Houston, TX (Law Firm Newswire) June 24, 2013 – Business leaders are lobbying for H-1B visa amendments. As the Senate Judiciary Committee was preparing to meet to hammer out immigration reform, a number of business groups came together to submit a plea that they consider changes to H-1B visa program. A lobbying letter, which was signed by the National Association of Manufacturers, the Chamber of Commerce and multiple organizations representing technology urged the Committee approve a significant increase in the number of highly-skilled workers allowed under H-1B. “Proponents of updating the H-1B restrictions are hopeful significant changes can be made […]


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Tampa, FL (Law Firm Newswire) May 23, 2013 – A new bill has been introduced to help direct business to qualified disabled vets. A bill has been introduced in Connecticut which would establish a program requiring state and semi-public agencies contracting for goods and services in excess of $100,000 to set aside a percentage of contracts for bids exclusively from disabled veterans who are qualified contractors. “There are numerous small business construction companies led by qualified disabled vets,” remarked Tampa veterans attorney David W. Magann. “This Set-Aside bill is one way to help them prove their work and build their […]


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Chicago, IL (Law Firm Newswire) May 22, 2013 – In a recent case, the Illinois Workers’ Compensation Commission ruled that an injury sustained during a car accident at the end of a work day was compensable. In the case, Goss v. North Shore Trust & Savings, the petitioner, who was a director of investments, drove to a retail store at the close of business to purchase a rug for her employer’s booth at a local business exposition. On the way to the store, she was involved in a car accident and suffered injuries. The commission affirmed the decision of the […]


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Austin, TX (Law Firm Newswire) May 14, 2013 – American Airlines has settled its lawsuit against Orbitz. The lawsuit over the agency’s method for displaying information about the airline’s fares and schedules had been filed in federal district court in Fort Worth, Texas, where American Airlines’ (American) parent corporation is based. The suit was part of an ongoing dispute between American Airlines and Orbitz over the distribution of travel information. In the lawsuit, American claimed that Orbitz made American’s fares appear higher than they actually were. “This type of litigation often arises when companies are attempting to gain a competitive […]


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Houston, TX (Law Firm Newswire) May 2, 2013 – Immigration reform continues to be one of the hottest issues in Texas. Now, even evangelical leaders and entrepreneurs across Texas are becoming vocal about the changes they would like to see from Texas legislators. The groups have used radio time, online and in-person petitions and even demonstrations to ask the U.S. House and Senate bipartisan groups to vote their way. Meanwhile, the divide is growing between the Republicans that make up the congressional delegation, Texas small businesses, and the religious right. “Immigration law as it now stands, especially via restrictions, are […]


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Fort Lauderdale, FL (Law Firm Newswire) March 13, 2012 – Fort Lauderdale-based law firm Earnest/Tighe Law Firm, P.A. has announced its certification by the State of Florida as a Women’s Business Enterprise (WBE). The Earnest/Tighe Law Firm, P.A. is owned by attorneys Molly Earnest and Paula Tighe. Ms. Earnest has been licensed to practice law in Florida since 1988 and is also licensed to practice in Georgia and North Carolina. Ms. Earnest obtained her B.B.A. with honors and her J.D. from the University of Florida, and her LLM in Taxation Law with honors from the University of Miami. She has […]


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