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

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
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
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
Antitrust Laws in California

Antitrust Laws in California

According to federal and state regulations, antitrust laws aim to limit unfair practices by companies as they artificially change prices for the consumer. These regulations are important as they help the continued growth of economies, but also prevent harms to
Student Financial Aid V. Taxes: A Dichothomy

Student Financial Aid V. Taxes: A Dichothomy

Most students receive financial aid to attend public or private universities. The question then arises if such aid is taxable or not. Let us explore the intricacies involved in treating financial aid taxable or non-taxable. SOME BASICS Whether the financial
Why Should Written Contracts Protect Your Ideas?

Why Should Written Contracts Protect Your Ideas?

Probably, the most effective and efficient methodology to protect your ideas is through well-drafted contracts. Contracts could be express or implied-in-fact. If the agreement was not put into writing, the idea could NOT NECESSARILY be protected. Let us analyze how
Failing to Register as a Sex Offender

Failing to Register as a Sex Offender

When convicted of certain sex crimes under the California Penal Code, the convict is required to register under the California sex offender registration law. Moreover, the convict must also make sure to renew the registration as needed (each 5-year term
Expungement of a Criminal Record in California

Expungement of a Criminal Record in California

The criminal justice system in California has delineated in the penal code a specific measure, accessible to some, that allows for the expungement of a conviction. California Penal Code 1203.4 grants individuals the ability to expunge, or dismiss, the “penalties
A Closer Look at Publicists

A Closer Look at Publicists

Celebrities in Hollywood usually have a large team of individuals and firms working for them. Among these individuals are the publicists. While a general overview of being a publicist has been provided previously, this article will focus more on the