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Why do some HOA boards decide to ‘go it alone’?
This content has been archived. It may no longer be relevantNote: this week’s column was written by Florida condo and HOA attorney Donna DiMaggio Berger. Her blog can be found at http://www.communityassociationlawblog.com/ I often wonder what variables factor into an association board’s decision to forego professional management and an annual retainer relationship with a law firm…
Executive Leaders Radio CEO Interview With Rokas Beresniovas Hosted By Offit Kurman
Executive Leaders Radio conducts “elite interviews” of prominent CEOs, CFOs, and Presidents focusing on “what makes them tick.” The ten to twenty-five minute on-air interviews are really informal POSITIVE conversations. Guests may be asked about their background education, influences, mentors and early career experiences, asked about their business, what they do and who they serve. They…
Compensation and Compliance Matters: Minimum Requirements of Appraisal Management Companies
The final rules pertaining to minimum requirements of appraisal management companies were released last week. These rules do not specifically require states to create registration and supervision programs. However, if a state fails to do so, the AMC cannot provide services in that state pertaining The minimum requirements states need to follow include registering in…
Friday Factoid: Wal-Mart Challenges Converse’s Chuck Claims
In October 2014, Converse (a Nike company) filed suit with the International Trade Commission (ITC) against more than 30 companies (including Wal-Mart, Kmart, Skechers, Fila, Aldo and Ralph Lauren) claiming many shoe makers and retailers in the U.S. are infringing on trademarks associated with the iconic Chuck Taylor sneaker. In April 2015, Wal-Mart responded by…
A Conversation with Jamie McDonald, Founder of Generosity, Inc
Leveraging commerce technology to build caring communities and stimulate the generosity economy Jamie McDonald is the founder of Generosity, Inc., an organization established in 2015. Generosity, Inc. applies the latest advancements in digital commerce to help nonprofits, educational institutions, companies, and communities raise more money for good causes and fully engage their supporters. The organization’s…
Surprising Facts About Employee Theft
When it comes to occupational fraud (i.e., employee theft), there are generally three primary categories: asset misappropriation (i.e. theft of company money or property), corruption, and financial statement fraud.[i] Asset misappropriation is the most common form of fraud, occurring in about 85% of the cases analyzed. Corruption and financial statement fraud follow second and third,…
The Weekly Scenario: Social Security Benefits and IRA Taxation
Question: What is the difference between how social security benefits are taxed and distributions taken from retirement plan accounts (IRAs)? Answer: The rules for taxing social security benefits are different than those for retirement plan benefits. Social security benefits may or may not be taxable. About forty percent of people who get social security pay income taxes…
IP Alert: Facebook’s New Digital Inheritance Policy
Earlier this year, Facebook introduced a policy that allows users to specify who will inherit their account information after they die. New features such as account “memorialization” and “legacy contacts” address some of the longstanding legal uncertainty surrounding individuals’ digital legacies and assets. The problem? Most users have not chosen executors. As more and more…
Executive Leaders Radio CEO Interview With Lisa Renstrom Hosted By Offit Kurman
Executive Leaders Radio Conducts “Elite Interviews” Of Prominent CEOs, CFOs, And Presidents Focusing On “What Makes Them Tick.” The ten to twenty-five minute on-air interviews are really informal POSITIVE conversations. Guests may be asked about their background education, influences, mentors and early career experiences, asked about their business, what they do and who they serve. They…
Read|Delete: Mother’s Day
The custom of honoring mothers goes back at least as far as 17th-century England, which celebrated (and still celebrates) Mothering Sunday. Mother’s Day in the United States originated in 1872 with Julia Ward Howe, a writer, abolitionist, and suffragist who wrote the words to “Battle Hymn of the Republic.” In 1911, President Woodrow Wilson made…