“Use it or lose it,” the saying goes. As McDonald’s recently learned as to its Big Mac burgers, that quote is more than theoretical when applied to protecting registered trademarks. You may have seen that the European Union Intellectual Property Office canceled McDonald’s trademark for its Big Macs. Is that because McDonald’s no longer sells.
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The federal Tax Cut and Jobs Act caps an individual’s deduction for state income taxes and property taxes. The cap is $10,000. The change is effective for 2018. In December, Wisconsin enacted legislation to help owners of S corporations and partnerships get around the cap. The new law allows a pass- through entity to elect.
Without any warning, you receive a notice from a bankruptcy court that a customer who owes you thousands of dollars has filed for bankruptcy. You’ve heard about companies going bankrupt, of course, but you’ve never been in the middle of one. What should you know? The notice should tell you what type of bankruptcy your.
A debtor, faced with a creditor’s lawsuit or judgment, will sometimes transfer property to a spouse, affiliated business or other third-party, and then claim “poverty” to avoid paying the debt. Wisconsin’s Fraudulent Transfer Act provides remedies for such defrauded creditors. Those remedies, however, don’t last forever. Wisconsin law bars a fraudulent transfer action that is.
In today’s global market, virtually all businesses import goods in one form or another, primarily from China. Whether it be the component parts incorporated into final products or the equipment used to create those products, the goods that companies are importing from China are cutting deeper into their pocketbooks at a significantly higher rate under.