Retirement Plans to the Rescue with Tax Cuts and Jobs Act Changes
One of the major changes in the tax law enacted last December in the Tax Cuts and Jobs Act (“TCJA”) was the creation of a new deduction for…
Modrall Sperling Attorneys Recognized by Best Lawyers® 2019
Nine shareholders have been selected by Best Lawyers in America® as a 2019 “Lawyer of the Year” in Albuquerque and Santa Fe. Only a single lawyer in each practice area and designated market is honored with this recognition. Lawyers listed by Best…
Northern New Mexico Human Resources Association Legal Update
September 6, 2018 9:00 a.m. – 5:00 p.m. Inn and Spa at Loretto Santa Fe, New Mexico Mia Kern Lardy, an associate with Modrall Sperling, was featured on a panel discussion of legal issues facing human resources professionals and others who…
Which is Better for Business Owners: Compensation or Dividends?
One of the major changes in the tax law enacted last December in the Tax Cuts and Jobs Act (TCJA) was the creation of a new deduction for…
Subject to Interpretation
“‘The words ‘subject to,’ used in their ordinary sense, mean ‘subordinate to,’ ‘subservient to’ or ‘limited by.’” Kokernot v. Caldwell, 231 S.W.2d 528 (Tex. Civ. App. – Dallas,…
Deducting Entertainment and Meal Expenses After the Tax Cuts and Jobs Act
The Tax Cuts and Jobs Act made major changes to the laws on business deductions for entertainment and meals, and these new rules will have some impact on…
Construction Law in New Mexico
This is a summary guide to some aspects of construction law in New Mexico that are important for out-of-state individuals or corporations to keep in mind when doing…
Which Door is Closing for Taxpayers with Foreign Financial Assets
On Sept. 28, 2018, the IRS will be closing its 2014 Offshore Voluntary Disclosure Program (OVDP), a program that assists taxpayers who failed to disclose foreign financial assets and to pay all tax on any income related to such assets. To patriciate…
Supreme Court Declines Review of Tenth Circuit Case Holding Tribal Acquisition of an Interest in an Allotment Defeats Eminent Domain Authority
The Supreme Court recently denied a petition to review the Tenth Circuit’s opinion in Public Service Company of New Mexico v. Barboan1. The Tenth Circuit affirmed the district’s court ruling that tribal ownership of a fractional interest in an “allotment,” land the…
Native American Law Watch Summer 2018
Current Law Watch Articles: Supreme Court Ducks Addressing “Immovable Property” Exception to Tribal Sovereign Immunity As Chief Justice Roberts put it in his concurring opinion in Upper Skagit Indian Tribe v. Lundgren, “There should be a means of resolving a mundane dispute…