GKG Law's popular Credentialing & Certification 411 Report has been updated with even more instructive topics for 2019. This free resource in collaboration with Association TRENDS contains information every education focused association executive needs to know. Are your credentialing exams secure? Could your Professional Disciplinary Committee's clear procedures and policies still leave you susceptible to challenges? Do […]
As many organizations have learned, on May 25, 2018, the EU implemented the General Data Protection Regulation (“GDPR”), which imposes obligations and liability on U.S. organizations that have control over EU residents’ personal data (“Controllers”) or that process EU residents’ personal data on behalf of other companies (“Processors”). The GDPR regulates how companies collect, use, […]
The NBAA Annual Convention to be held October 16-18, 2018 in Orlando, Florida, will definitely have a buzz concerning 100% Bonus Depreciation. Immediately following Labor Day 2018, GKG Law’s phone has literally been ringing off the hook with clients calling about purchasing an aircraft in order to get the 100% write off. The stock market has […]
In September 2018, the Federal Trade Commission (FTC) published a policy statement addressing antitrust concerns related to limitations on occupation license portability (FTC Report). The FTC Report reflected a long-term enforcement policy involving challenges to decisions by state licensure boards that the FTC believed took anticompetitive positions in an effort to restrict qualified practitioners from […]
The tax reform signed into law in December 2017 will have a significant impact on tax-exempt organizations nationwide, substantially increasing the amount of income that may be subject to tax. It is important that organizations are acutely aware of the changes in the law and, more importantly, the changes in the amount of income that […]
In the age of internet banking, hackers accessing online banking accounts is a widespread problem. One common fraud scheme involves obtaining a business’s bank account login information and then replacing intended beneficiary account numbers with account numbers belonging to the hacker or his or her accomplice. The account numbers could be swapped on scheduled outgoing […]
GKG Law frequently represents aircraft owners in contesting the validity of notices of liens filed with the FAA relating to their aircraft. Many aircraft owners face issues relating to FAA lien filings that create a “cloud” on the title to their aircraft. Often, such a cloud arises when vendors that have provided services relating to […]
Over the past year, GKG Law has witnessed successful results for clients that are good reminders that non-profit organizations and associations should continually re-evaluate their tax positions and be cognizant of potential errors by the IRS. Successfully Challenging Outdated UBI Determinations In June 2018, a non-profit association (the “Association”) received a refund of nearly $2 […]
The District of Columbia Office of Tax and Revenue (“OTR”) has become aggressive in challenging Taxpayer’s self-determinations that they are Qualified High Technology Companies (“QHTCs”) and thus exempt from the District of Columbia’s corporate franchise tax. GKG Law recently represented a Taxpayer who received a Notice of Proposed Assessment of Tax Deficiency (“Proposed Assessment”) against […]
Recently, GKG Law successfully assisted two clients with navigating challenges to adverse Unrelated Business Income (“UBI”) determinations made by the Internal Revenue Service (“IRS”). Combined, these saved our clients’ almost $2.4 million in taxes in 2018 alone. The first resulted in a nearly $2 million tax refund and future tax savings of hundreds of thousands […]