Author Archives: Ian Ferguson

BP Contests Feinberg’s Gulf Spill Settlement Terms

You can’t please everybody all the time. This seems to be the lesson in store for Ken Feinberg as he manages the $20 billion Gulf Coast Claims Facility (GCCF) distributing payments to victims of the Deepwater Horizon Oil Spill. Victims … Continue reading

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To Ensure Proper Service: Patent Fee Surcharge Proposed for 2012

Inventors and intellectual property attorneys have reason to cheer and fear the Obama administration’s budget for fiscal year 2012. The budget proposes a temporary application fee surcharge and seeks to allow the U.S. Patent and Trademark Office (USPTO) “full access … Continue reading

Posted in IP, Policy, Politics, Tech |

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IRS Audits S-Corporation Tax Returns for Evasive Profit Distribution and Salary Maneuvers

The IRS is cracking down on small business owners who take distributions from their S-corporations in lieu of salary. According to the IRS, “distributions and other payments by an S-corporation to a corporate officer must be treated as wages to … Continue reading

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Gov’t Loans for Small Business Exporters to Double

The Export-Import Bank of the United States plans to increase small business loans to $6 billion a year this year and $9 billion a year by 2015 as part of the Obama administration’s plan to double exports by 2015. Although … Continue reading

Posted in Business, Politics |

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California’s Online Impersonation Law: Shelter for the Cyber-Bullied

In California, it is a misdemeanor to maliciously impersonate another individual online, punishable by fines up to $1,000 and/or up to a year in jail. Continue reading

Posted in Law, Society, Tech |

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4 Signs the Economy Will Recover in 2011

Forecasters are optimistic that 2011 will bring robust growth, and point to several key performance indicators to support their outlook. Continue reading

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Medicare to Pay for Advance Health Care Planning

Medicare will reimburse doctors for “voluntary advance care planning” to discuss end-of-life treatment options as part of patients’ annual wellness visits. Continue reading

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Obama-GOP Tax Law Compromise, Jobless Benefits Extension Approved

Congress has approved the Obama-GOP tax law compromise to extend both the Bush tax-cuts and unemployment benefits. Continue reading

Posted in Congress, Employment, Policy, Politics |

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Small Business Optimism Increases (Barely)

Is small business back in business? The NFIB Index of small business optimism registered its highest level since December 2007. Continue reading

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Estate Tax Vote Approaches

Senate votes to endorse Obama-GOP tax cut and unemployment extension passage. Democrats debate estate tax provisions in anticipation of House vote. Continue reading

Posted in Congress, Policy, Politics |

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