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 […]
GKG Law’s Ed Greenberg recently won a major victory for non-vessel operating common carriers (“NVOCCs”) in regard to the overturning of specific long-standing Federal Maritime Commission (FMC) regulations. In response to a petition filed by Ed, on July 19, 2018 the FMC issued a final decision agreeing to ease tariff related obligations on NVOCCs by […]
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 Successfully Challenging Outdated UBI Determinations In June 2018, a non-profit association (the “Association”) received a refund of nearly $2 […]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 […]
On May 24, 2018, a GKG Law non-profit association client (the “Association”) received a no change letter from the Internal Revenue Service (“IRS”) Appeals Division. The no change letter overturned a prior proposed determination of a substantial tax deficiency due to unreported unrelated business income (“UBI”) by the IRS Examinations Division. During its examination of […]
Hosted by Association Trends By definition Codes of Ethics and Standards are restraints of trade. Until recently that hasn’t been a major issue for associations and professional societies. In fact, having a Code of Ethics has been an asset to prohibiting inappropriate behavior and improving accountability and business relationships. However, the Federal Trade Commission scrutinizes associations’ […]
Most everyone in the business aviation industry has heard that the 2017 Tax Cuts and Jobs Act (the “Act”) permits a 100% write off of the purchase price of new and used aircraft in the year of their purchase. However, many people do not realize that this provision of the Act is subject to a […]
By Tariq Panja Rafael Márquez, one of the best-known stars on Mexico’s World Cup soccer team, is a standout of the tournament in Russia. But it has nothing to do with his prowess on the field. Márquez, 39, is on a United States Treasury Department blacklist of people it says have helped launder money for […]
Note: GKG Law's Steven John Fellman serves as General Counsel to the TRSA. This article was published in a June 2018 edition of the TRSA's Textile Services Weekly. On June 12, Judge Richard Leon of the U.S. District Court of the District of Columbia approved AT&T’s $85.4 billion merger with Time Warner. The case was significant in that the […]