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Archive for for January, 2018

Simple Short Contracts. That’s The Way To Go. Why Bigger Might Be Better.

January 21, 2018

A lot of times clients and friends say “I just want a short contract.  Don’t make it long.”

Well, there are reasons lawyers write long contracts.  And it’s not because they want to bill more.

I agree with simple and understandable.  In a perfect world we’d all right one page contracts and forget it.

However given the complexity of today’s world spelling things out is preferred.

So many of the issue I get involved with as a lawyer (after an event has happened) are because an agreement was simple and Party A thinks they agreed this and Party B thinks they agreed to that.… Read the rest

Are You Collecting Sales Tax For The Right States? The State of Maryland Reaches into Travelocity’s Pocket

January 11, 2018

Collecting sales tax – and when sales tax needs to be collected – continues to get more complicated.

In a recent decision the Maryland Tax Court concluded that Travelocity, an online seller of hotel room and car reservations – with no cars or rooms it owns in the State of Maryland – was responsible for filing to do business in the State of Maryland and collecting and remitting sales tax to the State of Maryland.

The slippery slope is clear.  More and more states are finding more and more ways to find that businesses owe a tax to them.… Read the rest

All postings are intended to be planning tools to familiarize readers with some of the high-level issues discussed therein. No posting is intended to be a comprehensive discussion and additional details should be discussed with your transaction planners including attorneys, accountants, consultants, bankers and other business planners who can provide advice for your circumstances. This article should not be treated as legal advice to any person or entity.