ENTERTAINMENT LAW

ENTERTAINMENT LAW

Merchandising and Commercial Tie-Ins in Entertainment Transactions
Merchandising and commercial tie-ins are relatively related concepts in entertainment transactions to further optimize dollar amount by promotion of a work and marketing of products. Let us further explore these two concepts and the related concerns from the perspectives of various parties involved in an entertainment transaction.

What Are Gross Participation and Net Profits in Motion Pictures?
Some of the salient provisions in any contract including entertainment-related agreements concern money. In fact, the way various participants might or might not be paid based on their reasonable expectations is at the core of negotiations. "Gross Participation" and "Net Profits" are the two terms people involved in creation of a motion picture most often hear about with respect to their compensation. These two terms and their definitions are as fluid and versatile as you can imagine. Hence, it behooves entertainment participants of any stripes to understand the concepts to protect their contractual rights in negotiations.

What Does Motion Picture Packaging Encompass?
The first ingredient of film production entails amalgamation of the package. Hence, it behooves entertainment-industry participants to ascertain what packaging entails and how to best optimize it. Let us explore such salient topic further.


REAL ESTATE LAW

What Are Some Damages in Breach of Real Estate Sales Contract?
It often happens parties fail to fully perform their contractual obligations in sale of real estate. Often, the most immediate consequence of such contractual breach is the nature and amount of damages, if any, PLUS other conceivable remedies available at law and in equity. Let us explore, to some extent, some detail of such damages.

What Do Mortgages Encompass in Real Estate Transactions?
Purchasing real estate, residential or commercial, most often requires large sums of money. While potential purchasers might borrow from family and friends to consummate the transaction, financial institutions such as banks, loan associations and credit unions are the common sources of such financing. Let us explore the mechanics and some intricacies of mortgages and further enlighten ourselves about them.

How To Sell Your House With Prudence and Caution
A lot of us seeking to sell our houses, have wondered what we should do except, possibly, hiring a real estate agent and thinking about the day after when we have sold the house. In fact, without having specific plans and objectives, selling a house might not be a pleasant experience and we might not obtain the dollar amount we reasonably deserve. Hence, to facilitate the selling process, let us explore the steps we should take.


BUSINESS LAW AND TAXATION

S Corporations v. Payroll Taxes: A Balance of Salary and Distributions
A recent tax case won by the IRS has closed a loophole employed by S corporations to circumvent paying payroll taxes by characterizing their wages as distributions. This ruling might have serious repercussions in the business world, especially for S corporations. Let us, to some extent, explore the ruling and dissect it.

Paying and Caring for Somebody? Probably, You May Deduct Some Taxes
With taxes looming over us and haunting our financial and non-financial decisions alike, it is time to delve into our expenses and find places where we could deduct some taxes, if possible. There are some ways to deduct some of the medical expenses you incur while caring for a friend or relative. Let us explore this important subject further, in some detail.

BASICS of Annual Gift Tax EXCLUSION
Annual gift tax exclusion as high as $13,000 for 2011 could be an intelligent prudent approach to move substantial assets and potential appreciation from taxpayer's assets. Let us explore the basics of such annual gift tax exclusion, in some detail.

What Are Some Important Tax Changes For 2011?
Given the last-minute enacted tax changes of 2011, we might feel bewildered as to such changes and their impact on our earnings, savings and investments. Let us briefly explore some of the tax changes for 2011 and further educate ourselves about this salient topic.

Student Financial Aid V. Taxes: A Dichothomy
Most students receive financial aid to attend public or private universities. The question then arises if such aid is taxable or not. Let us explore the intricacies involved in treating financial aid taxable or non-taxable.

What Are Some Tax Implications of Filing Jointly For Newly Getting Married?
One of the factors to take into account before getting married is the status of your taxes after getting married. Some of the tax questions to ponder could relate to the timing of your marriage such as the difference between getting married on or before December 31, 2010 or on January 1, 2011. In addition, it is important to know which filing status might suit you the best. Let us explore further such questions.

Should We E-File Our Taxes Or Not?
One of the most basic and rather vexing questions confronting taxpayers - especially the affluent - might be the choice between e-filing or filing paper returns. The IRS has slowly but steadily promoted e-filing and it seems e-filing will soon supplant to a very large extent paper filing. Nonetheless, some taxpayers might balk at e-filing. Let us explore, to some extent, the pros and cons of e-filing and paper filing.