30 June 2015

A Resurgence in Internal Revenue Code Section 1031 Exchanges

Now that the commercial real estate market has rebounded, it is a good time to remember the benefits of structuring a sale as a Section 1031 exchange. For several years, since commercial real estate values were depressed, sellers did not need to think about how to shelter the gain on a sale. While it is […]


30 June 2015

Impact of Supreme Court’s Decision on False Claims Act Cases

On May 26, 2015, the United States Supreme Court handed down its decision in Kellogg Brown & Root Servs., Inc. et al. v United States ex rel. Carter, 575 U.S._____. The Supreme Court’s decision had been heavily anticipated by health care providers who face qui tam actions brought under the False Claims Act (FCA). In […]


30 June 2015

Michigan Creates a New Underground Storage Tank Cleanup Fund

Effective as of December 30, 2014, Michigan has a new Underground Storage Tank Cleanup Fund to help pay for the cleanup of contamination caused by releases from refined petroleum underground storage tanks (Act 416 of the Michigan Public Acts of 2014). Each year, the first $20 Million of the 7/8 cents-per-gallon tax on refined petroleum […]


30 June 2015

The ABLE Act. How Useful is the New Option for Special Needs Planning?

The ABLE (Achieving a Better Life Experience) Act creates a new option for some people with disabilities and their families to save for future disability related expenses. With certain limitations, funds held in an ABLE account do not interfere with eligibility for public benefits. ABLE accounts are created by federal law and approved for states […]


30 June 2015

The ABLE Act: How Useful is the New Option for Special Needs Planning?

The Achieving a Better Life Experience Act of 2014 (ABLE) creates a new option for some people with disabilities and their families to save for future disability related expenses. Within certain limitations, funds held in an ABLE account do not interfere with eligibility for public benefits. ABLE accounts are modeled after 529 education savings accounts […]