Amanda Jax celebrated her 21st birthday by going out to drink legally. As she partied at a Mankato, Minn., restaurant on October 29, 2007, her friends bought her drinks to celebrate her milestone anniversary. Unfortunately, Jax, who was studying nursing, … Continue reading
Author Archives: Mark Klein
New Nonprofit Tax Forms
The Internal Revenue Service recently published new draft instructions for a revamped version of Form 990, used by nonprofit organizations. The new rules will go into effect when nonprofits file their 2008 tax returns. In the interests of greater transparency … Continue reading
All in the Family – Father Wins $4 Million from Daughter
A jury has returned a multimillion-dollar judgment for the plaintiff in a case that is likely to make for strained relationships for one Michigan family. The winner, Richard, was the retired founder of a large automobile dealership. The loser was … Continue reading
Age Discrimination in Employment
When the federal government required one of its defense contractors to reduce its workforce, the contractor first evaluated its employees based on the criteria of “performance,” “flexibility,” and “critical skills.” After adding points to scores for years of service, the … Continue reading
Bank Violates Truth in Lending Act
A husband and wife who operated a day-care business out of their home decided to take out a new mortgage on the home. Over the 10 years that they had owned the business they had taken corresponding deductions and depreciation … Continue reading