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A Half-Baked Tort: Deepening Insolvency
A Half-Baked Tort: Deepening Insolvency By Erich M. Paetsch SAALFELD GRIGGS PC Unfortunately, businesses fail despite the hard work and effort of everyone involved. A business failure can have lasting impacts upon the creditors of the business in addition to the...
What is that Ticking? Prompt Payment and Private Construction Contracts
What is that Ticking? Prompt Payment and Private Construction Contracts By Erich M. Paetsch SAALFELD GRIGGS PC On January 1, 2004, the Oregon Legislature changed the relationship among owners, contractors, subcontractors, and material suppliers involved in private...
Contractor Cannot Rely on Related Company’s Construction License
Contractor Cannot Rely on Related Company's Construction License By Shannon Raye Martinez SAALFELD GRIGGS PC In a ruling that will have effects far beyond construction liens, a June 2011 Federal District Court case in Oregon invalidated a nearly $5,000,000...
New Safe Harbor for Reverse Exchanges
New Safe Harbor for Reverse Exchanges By SG Business & Taxation Practice Group SAALFELD GRIGGS PC On September 15, 2000, the Internal Revenue Service finally issued some specific guidance for the completion of reverse, deferred like-kind exchanges. In Revenue...
‘Dividend’ – No Longer a Dirty Word
‘Dividend’ – No Longer a Dirty Word By SG Business & Taxation Practice Group SAALFELD GRIGGS PC Previously, much of the tax planning for closely-held corporations involved efforts to avoid dividend tax treatment on amounts distributed by the corporation to its...
Corporate Loans to Shareholders Taxed as Dividends
Corporate Loans to Shareholders Taxed as Dividends This article discusses a recent Fifth Circuit decision that reclassifies a “loan” to the sole shareholder of a corporation as taxable income to the shareholder in the form of a distribution. The case highlights the...
Business Planning for Measures 66 & 67
Business Planning for Measures 66 & 67 With voter approval of Measures 66 and 67, Oregonians increased personal income taxes and instituted a permanent increase in the minimum income tax for C corporations. Measure 66 increases the marginal tax rate on individual...
BETC: Oregon’s Tax Incentive to Reduce Energy Costs
BETC: Oregon’s Tax Incentive to Reduce Energy Costs By Saalfeld Griggs PC Over the last several years, one of the most pressing issues at both the local and national levels has been the drastic increase in the cost of energy. As a result, there have been increased...
The Legislature, Real Estate, and You
The Legislature, Real Estate, and You Every two years in the spring, the great lawmakers of our state assemble to partake in the democratic process by which our laws are made and amended. This is a time Oregonians appreciate our process and applaud our representative...
When a Release Does Not Release
When a Release Does Not Release When businesses resolve disputes or potential disputes short of a verdict, the one thing they desire is finality. What use is all the time, money and energy it takes to resolve or prevent a dispute, if the same or related issue can rear...