For many wineries, compliance is something of an elephant in the room –its presence is known to all. Certainly, maintaining full compliance can be daunting, complicated and time-consuming. Not being in compliance, however, can have far more dire consequences. Penalties
For many wineries, compliance is something of an elephant in the room __its presence is known to all.
I Have to Pay Taxes On Forgiven Loan Proceeds? One of the harsh realities of our beloved taxing system is that it will tax you on any benefit received. With the housing market still crawling out from the depths of
Effective January 1, 2010, Judge Martin Tangeman will take over the civil department of the Paso Robles Courthouse, replacing Judge Roger Picquet. We in the North County will be luck to have Judge Tangeman and hope he has a long
I recently had the privilege of teaching a class in Municipal Law at the Santa Barbara College of Law. One thing that I found myself emphasizing to the students was how public entities have to observe a number of things
As discussed in our last posting, not having a BSP in effect can have some very undesirable results – such as increased tax liabilities and the unnecessary or unplanned sale or closure of a winery. An example of the potential
Contractors know that hiring unlicensed subcontractors is a bad idea for a number of reasons. Sometimes it happens, however, because the prime contractor does not carefully check paperwork or just cannot pass on the price offered by an unlicensed sub. However,
As a general matter, retirement benefits are pretax dollars that have been invested on behalf of an employee. Accordingly, when the employee, or his designated beneficiary, ultimately receive the funds, they will be subject to ordinary income tax. There is little
California is home to over 2,000 wineries, the majority of which are family owned and operated. Frequently, the name you see on the bottle is the name of the family that produced the wine inside. Wineries and winemaking tend to
In the most difficult economic times the country has seen in decades, bankruptcies have risen dramatically. Obviously bankruptcies do not affect only the individuals and businesses filing them. For example, companies with outstanding accounts receivable are likely to collect only
For many wineries, compliance is something of an elephant in the room –its presence is known to all. Certainly, maintaining full compliance can be daunting, complicated and time-consuming. Not being in compliance, however, can have far more dire consequences. Penalties
For many wineries, compliance is something of an elephant in the room __its presence is known to all.
I Have to Pay Taxes On Forgiven Loan Proceeds? One of the harsh realities of our beloved taxing system is that it will tax you on any benefit received. With the housing market still crawling out from the depths of
Effective January 1, 2010, Judge Martin Tangeman will take over the civil department of the Paso Robles Courthouse, replacing Judge Roger Picquet. We in the North County will be luck to have Judge Tangeman and hope he has a long
I recently had the privilege of teaching a class in Municipal Law at the Santa Barbara College of Law. One thing that I found myself emphasizing to the students was how public entities have to observe a number of things
As discussed in our last posting, not having a BSP in effect can have some very undesirable results – such as increased tax liabilities and the unnecessary or unplanned sale or closure of a winery. An example of the potential
Contractors know that hiring unlicensed subcontractors is a bad idea for a number of reasons. Sometimes it happens, however, because the prime contractor does not carefully check paperwork or just cannot pass on the price offered by an unlicensed sub. However,
As a general matter, retirement benefits are pretax dollars that have been invested on behalf of an employee. Accordingly, when the employee, or his designated beneficiary, ultimately receive the funds, they will be subject to ordinary income tax. There is little
California is home to over 2,000 wineries, the majority of which are family owned and operated. Frequently, the name you see on the bottle is the name of the family that produced the wine inside. Wineries and winemaking tend to
In the most difficult economic times the country has seen in decades, bankruptcies have risen dramatically. Obviously bankruptcies do not affect only the individuals and businesses filing them. For example, companies with outstanding accounts receivable are likely to collect only
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