Blog Archives

Pre-Sale Agreement in the Entertainment Industry

Pre-Sale Agreement in the Entertainment Industry The producer of a film has many different responsibilities, with the most important one is financing it. Raising the necessary amount for a budget can involve investors, funds, government grants, and agreements with studios/distributors. One of the deals a producer
Posted in Entertainment Law

How To Report Income Taxes for Summer Jobs

How To Report Income Taxes for Summer Jobs In this volatile and rather frightening economy securing a summer job is very challenging. However, for those who have summer jobs, the prospect of paying Uncle Sam a relatively large portion of their income looms large. Let us understand how
Posted in Personal law

Should You Appeal Your Home Low Tax Appraisal?

Should You Appeal Your Home Low Tax Appraisal? Given the volatile and rather frightening state of the housing market, many homeowners have been receiving notices from their county tax assessment boards appraising their homes lower than their current mortgages and thus lowering their home taxes. While many people
Posted in Personal law

Manufacturing Drugs in California

Manufacturing Drugs in California In California, there are specific laws and regulations regarding the manufacturing, selling, consumption, and manufacturing drugs, narcotics, and other controlled substances. While shows like Breaking Bad can dramatize what it is like to manufacture illegal drugs, the reality is that
Posted in Personal law

Committing Assault with Caustic Chemicals

Committing Assault with Caustic Chemicals In the state of California, assault crimes can have many different classifications and punishments as delineated by the law. One specific type of assault will be summarized in this article: assaulting someone with caustic chemicals. According to California Penal Code
Posted in Personal law

Broadcast Syndication

Broadcast Syndication When turning on the television, you will notice that the schedule will consist of shows that are being aired for the first time, as well as shows being re-run. One of the systems that governs the broadcasting of TV shows
Posted in Entertainment Law

What Does Escrow Encompass in Real Estate Transactions?

What Does Escrow Encompass in Real Estate Transactions? Many real estate transactions, to some extent, involve escrow. In fact, escrow is a term often used but not often delineated. Let us further educate ourselves on what escrow entails and how we could intelligently and prudently exploit it in
Posted in Real Estate

S Corporations v. Payroll Taxes: A Balance of Salary and Distributions

A recent tax case won by the IRS has closed a loophole employed by S corporations to circumvent paying payroll taxes by characterizing their wages as distributions. This ruling might have serious repercussions in the business world, especially for S
Posted in Business Law

Possessing a Fake ID as a Minor

Possessing a Fake ID as a Minor When watching TV shows or movies, it seems like minors (especially high school-aged teenagers) have easy access to alcohol and can get into nightclubs without any consequences. In real life, that isn’t true. The legal age limit to purchase alcohol
Posted in Personal law

Carrying a Concealed Weapon in California

Carrying a Concealed Weapon in California In the US, each state can have different laws regarding the carrying and use of firearms within the state. As such, it is imperative to know your rights as a responsible gun owner. While some states allow people to carry
Posted in Personal law