Law and Tax Express – Your Source For Law And Tax Information and Advice

Archive

Archive for October, 2009

Tax Relief for the Unemployed

October 31st, 2009

The Internal Revenue Service recognizes that the loss of a job may create new tax issues. The IRS provides the following information to assist displaced workers. > Severance pay and unemployment compensation are taxable. Payments for any accumulated vacation or sick time are also taxable. You should ensure that enough taxes are withheld from these [...]

Read More >>

Author: Categories: IRS Tax Tags:

Year-end tax planning letter

October 31st, 2009

The Internal Revenue Service recognizes that the loss of a job may create new tax issues. The IRS provides the following information to assist displaced workers. > Severance pay and unemployment compensation are taxable. Payments for any accumulated vacation or sick time are also taxable. You should ensure that enough taxes are withheld from these [...]

Read More >>

Author: Categories: IRS Tax Tags:

Criminal law

October 19th, 2009

The term criminal law, sometimes called penal law, refers to any of various bodies of rules in different jurisdictions whose common characteristic is the potential for unique and often severe impositions as punishment for failure to comply. Criminal punishment, depending on the offense and jurisdiction, may include execution, loss of liberty, government supervision (parole or [...]

Read More >>

Author: Categories: Criminal Law Tags: , ,

Common law

October 19th, 2009

Common law is law developed by judges through decisions of courts and similar tribunals (called case law), rather than through legislative statutes or executive action, and to corresponding legal systems that rely on precedential case law. The body of precedent is called “common law” and it binds future decisions. In future cases, when parties disagree [...]

Read More >>

Author: Categories: Common Law Tags: ,

Business Law & Legal Definition

October 19th, 2009

Business law encompasses the law governing contracts, sales, commercial paper, agency and employment law, business organizations, property, and bailments. Other popular areas include insurance, wills and estate planning, and consumer and creditor protection. Business law may include issues such as starting, selling ,or buying a small business, managing a business, dealing with employees, or dealing [...]

Read More >>

Author: Categories: Business Law Tags: , ,