In June of last year, we reported to you that a new law would greatly increase the number of transactions that would need to be reported on a Form 1099, beginning in 2012. Those filing requirements were repealed by the Comprehensive 1099 Taxpayer Protection and Repayment of Exchange Subsidy Overpayments […]
Category: Legal Alerts
Social networking sites, such as Facebook and MySpace, started as online forums for individuals to connect on a social level. Today, however, these kinds of sites are valuable tools used by businesses to market products and services, attract and retain clients, and establish credibility in the marketplace. But, as with […]
The recent passage of the Arizona Medical Marijuana Act means that medical marijuana dispensaries-a budding industry which will ultimately total about126 under the law’s guidelines-will soon sprout on the landscape, along with an as yet-undetermined number of sites for the legal cultivation of the marijuana plant. Just because medical marijuana […]
Arizona employers are already overwhelmed by copious workplace issues, challenges and drama. Recently, an employer’s job became even more complicated with the passage of Proposition 203-the Arizona Medical Marijuana Act (the “Act”). The Act makes it legal in Arizona for individuals to qualify to receive and use marijuana to treat a variety […]
If you’ve ever wondered how cell phone towers end up here or there, you have your city’s local zoning codes and federal laws to thank. Most communities have zoning regulations governing where cell towers can be placed and the process an applicant must follow to get cell tower placement approval. […]
1. Is a Borrower Personally Liable After Foreclosure? A borrower is generally personally liable to the lender for a loan including the shortfall, or “deficiency,” created when the unpaid loan balance is more than the bid price/value of the property at a foreclosure auction. However, Arizona has statutory exceptions-commonly called […]
In May, the United States Securities and Exchange Commission approved changes to the continuing disclosure provisions of Rule15c2-12 (the “Rule”) that will affect new agreements executed on or after December 1, 2010. Under the current Rule, an Event Notice must be filed in a timely manner if any of 11 […]
If business owners thought the new health care bill was complicated, here’s yet another layer of complexity. The government has now issued new regulations on how employers can grandfather in their existing plans under the bill. Each employer has to decide, based on cost and other factors, if it is […]
Public entities often strike deals with developers and other private interests to bring commercial projects to life. So, when the City of Phoenix partnered with some Chicago-based developers to build a large, mixed-use development in north Phoenix, neither party anticipated that it would spark a lawsuit that would change the […]
Background As part of the American Recovery and Reinvestment Act of 2009 (“ARRA”), Congress added Section 54AA of the Internal Revenue Code of 1986, as amended (the “Code”), permitting a state or local government, including school districts, to issue anew type of taxable obligation called Build America Bonds (“BABs”) to […]