The Tax Cuts and Jobs Act (the “Act”) was enacted on December 22, 2017 and drastically changed certain provisions of the Internal Revenue Code of 1986, as amended (the “Code”). The impact of the changes touches practically all businesses and individuals in one way or another. Among other things, the Act permanently decreases the corporate tax rate, temporarily decreases individual income tax rates, limits or eliminates the ability of taxpayers to utilize certain deductions and/or tax credits, includes special provisions allowing certain owners of qualifying “pass-through” businesses and disregarded entities to deduct up to twenty percent (20%) of qualifying business income, and modifies a number of other provisions that will impact businesses and owners going forward. This article briefly summarizes certain provisions of the Act that may be of particular interest to our business clients.
Legal Ramifications of Hunting Accidents
Barry Covert wrote a guest column that appeared in the January 15 issue of the Buffalo Law Journal. In “Legal ramifications of hunting accidents,” Mr. Covert explains the various civil and criminal consequences that can result from injuring another person while hunting.
Victims Injured in Tour Bus Accident Receive Substantial Settlement
On Friday, October 27th, after a week of trial in Rome, New York, attorney William Moore secured an undisclosed monetary settlement for four victims of a tour bus accident. The four individuals, who are Canadian citizens, were among 30 passengers injured on a New York City bound tour bus in 2011. The bus was pulling from the shoulder onto the I-90 near Waterloo, New York, when it was struck by a tractor-trailer, causing a catastrophic accident. Read on to learn more about the accident and details surrounding the case and trial.