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Avoid these 5 small business tax mistakes Paying Uncle Sam can be a complicated matter, especially if you’re running a small business. This opens the possibility of making mistakes, and you can bet the Internal Revenue Service will catch some mishaps. Resolving tax issues can be a lengthy, burdensome process that negatively impacts your ability […]

65% of Banks Plan to Implement Blockchain Technology In the Near Future Blockchain has become a buzzword in the financial industry. According to a recent IBM survey, 65 percent of banks plan to implement the technology in the next three years. While blockchain has the potential to revolutionize the way businesses conduct transactions, it is […]

A trademark is a “source identifier.” That is, a trademark generally is a word, phrase, symbol, design or a combination of words, phrases, symbols, or designs that identify and distinguishes the source of the goods of one party from those of others, and can be used to indicate the source of goods and services. A […]

If you’ve been keeping up with the latest sports law news, you’ve probably heard Texas A&M Defensive Coordinator John Chavis will face a jury of his peers regarding his alleged breach of contract with Louisiana State University. The Advocate reported Baton Rouge District Judge Tim Kelley recently concluded a jury will decide whether Chavis or LSU […]

The U.S. tax system can be pretty complicated, especially for small businesses. The U.S. tax system can be pretty complicated, especially for small businesses. According to the Tax Foundation, enterprises across the nation spend 2.8 billion hours annually filing business income tax returns. This doesn’t include S Corporations, the employer’s quarterly federal tax return, sales […]

U.S. Supreme Court Clarifies Design Patent Damages The U.S. Supreme Court recently issued its much-anticipated decision in Samsung v. Apple, which revolved around how to calculate damages in design patent infringement cases. In a unanimous decision, the Court held that Samsung could be liable for only those profits associated with the infringing components of the […]

Scarinci Hollenbeck Partner, Intellectual Property & Music Business Attorney Ron Bienstock to participate in four roundtable discussions at 2017 NAMM Show WHEN:Wednesday, January 18, 2017 – Sunday January 22, 2017 WHERE:Anaheim Convention CenterAnaheim, California  Scarinci Hollenbeck partner Ron Bienstock will be among the participants at four educational sessions at the winter conference of the National […]

For those of you who follow mixed martial arts, Georges St-Pierre’s name certainly rings a bell. According to the famed fighter’s website, St-Pierre has been training since he was 7 years old, when he started studying Kyokushin karate. Since then, the 170-lbs fighter earned 25 wins, succumbing to defeat only twice in his career. Despite St-Pierre’s […]

Recently, the Supreme Court rejected an appeal from the NFL’s Washington Redskins to reverse a ruling that canceled the team’s trademarks. According to Yahoo Sports, the U.S. Patent and Trademark Office ruled the Redskins’ registered trademark images were to be canceled because they violated Section 2(a) of the Lanham Trademark Act of 1946 which states […]

Will the Federal Government Establish Policy Regarding Blockchain Technology? The Federal Reserve Board recently published a research paper entitled, “Distributed Ledger Technology in Payments, Clearing and Settlement.”  While not necessarily groundbreaking, the report signals that the federal government is moving towards establishing a national policy regarding blockchain technology.Several years ago, the Federal Reserve indicated that […]

Scout Media has had a bit of a turbulent year. In July, The New York Post reported that the company fired former CEO Jim Heckman. An email sent to its publishers stated that the board of directors maintained Heckman had “advanced his own personal interests at the expense of the company’s.” Recently, three of Scout’s […]

Those getting their estates in order will be pleased to hear that the IRS raised the estate, gift and generation skipping transfer tax exemption to $5.49 million per person effective January 1, 2017. What the changes mean Individuals who own assets worth more than $5.49 million at their death could have to pay a 40 […]