Blog & Announcements

Sheen v. Wells Fargo Bank, N.A – Lender Beware!

By:  Jack Easterbrook, Esq. Introduction A loan by a bank that was well intended when made experiences payment defaults.  Our story often begins here!  The borrower (Sheen) understandably requests the loan be modified, a classic strategy in any workout situation.  And...

Attorney Caroline Chen has received tenure at San Jose State University

Caroline Chen has received tenure at San Jose State University (“SJSU”) and will be promoted to Associate Professor at the Lucas College and Graduate School of Business at San Jose State University where she has been teaching corporate, individual and international...

IRS Announces Midyear Increase to Standard Mileage Reimbursement Rates

By: Tamara B. Pow, Esq. Due to the increase in fuel prices, for the first time in over ten years the Internal Revenue Service has issued a special midyear optional standard mileage rate increase effective for the last six months of 2022 (IR-2022-124, June 9, 2022): As...

California Passthrough Entity Elective Tax June 15 deadline!

By: Tamara B. Pow, Esq. When California first passed the Passthrough Entity Elective Tax (“PEET”) the law (AB 150) had some limits that made it not as attractive for some taxpayers.  Since then there have been some retroactive fixes to the law (SB 113) eliminating...

New Corporate Transparency Act

In order to assist law enforcement and national security by preventing owners from hiding behind shell and front companies, the new Corporate Transparency Act will require companies to report beneficial owners (direct and indirect) who own at least 25% and those...

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