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Latest Legal News

IRS Announces 2015 Retirement Plan Limits

The IRS has announced the 2015 cost-of-living adjustments for retirement plan related limitations, with almost all of the most watched figures increasing slightly from 2014. The 401(k) deferral limitation increased from $17,500 to $18,000 ( more

Retail Leasing News

Menard, Inc. v. Dep’t of Treasury: Who gets a Michigan sales tax refund on bad debt?

In a published opinion released by the Michigan Court of Appeals on September 12, 2013, retailers Menard's, Sears and Art Van were denied a refund of the sales tax they paid on customer purchases that were charged off as bad debts by the retailers' more