Congress passed and the President signed a tax act in December. Here are some highlights that may benefit startup companies. R&D Changes R&D Credit made permanent. The research and development (“R&D”) credit of 20% of qualified research expenditures had expired for costs incurred after December 31, 2014. The new tax act (known as the Protecting […]
Michael Shaff joined the firm in 2011 as Of Counsel. He is chair person of the Tax Practice Group.
This summary can only hit some of the more prominent aspects of the taxation of the development, purchase and sale of intellectual property. 1. What is intellectual property for purposes of this analysis? a. Copyrights, literary, musical or artistic compositions or similar property are expressly identified under the […]
SAM attorney Michael Shaff will be the featured speaker at the May 10, 2012 Orange County Bar Association’s Tax Law Section Meeting in Newport Beach, CA. Michael will be speaking on “Taxation of Deferred Compensation: An Overview of Section 409A and Common Issues.” For more information or to register, click here.
SAM attorney Michael Shaff, co-authored the “Real Estate Investment Trusts Handbook, 2011-2012 ed.” This handbook will guide your Real Estate Investment Trusts (REIT) clients safely through the pitfalls of federal tax requirements, SEC rules, and state Blue Sky provisions. It makes you aware of the related tax requirements and SEC rules in order to maximize […]
For over 30 years, partnerships have been subject to unified audit rules that permit the IRS to examine a partnership’s (including an LLC’s) tax return and make adjustments at the partnership level that affect all the partnership’s members.  To comply with the existing rules, LLC operating agreements generally provide for the appointment of a […]
There are a number of types of instruments that an employer can issue key employees and independent contractors (employees and independent contractors are referred to collectively as “service providers” to signify that the benefit discussed applies to independent contractors as well as employees) to give the service providers a piece of the upside in the […]
SAM Wire February 29, 2016 SAM Wire Highlights of the PATH Act and How It Benefits Startup Companies – By: Michael Shaff Congress passed and the signed a tax act in December. Here are some highlights that may benefit startup companies. To view the articles, click here. Preccelerator Program Company LockAware Publishes Article Regarding […]
August 6, 2015 SAM Wire Why Your Exit Strategy Matters By: Michael Shaff Exit strategy, the plan for monetizing or disposing of a business, may seem remote and speculative when organizing a new business. But it is important to know what exit strategies are available and how those strategies are likely to be taxed depending […]
Michael Shaff joined the firm in 2011 as Of Counsel. He is the chairperson of the Tax Practice Group. Michael specializes in all aspects of federal income taxation. He has served as a trial attorney with the office of the Chief Counsel of the Internal Revenue Service for three years. Mr. Shaff is certified by the Board of Legal […]