Yesterday, the IRS announced certain extension and penalty relief provisions applicable to the estates of persons dying in 2010 and the beneficiaries of those estates.
Here’s what the IRS has done:
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As readers of my legislative update are aware, our Texas Probate Code is not a real “Code.” It was first enacted in 1955, effective January 1, 1956, before Texas had adopted any organized system of statutory codification. It’s slated for replacement with the new Estates Code in just over two years.
In 1963, the legislature…
As flu season approaches, health care employers need to ensure that all their employees get their flu vaccinations. If this has not happened in the past, employers should look at how to achieve this goal. Many employers may be able to do it through a voluntary program, including employee education, reminders, paying the cost of…
Recent stories highlight the need for providers to be diligent in preventing unintended release of protected health information (PHI). Tragic losses of PHI occur through theft, accident or malfunctioning equipment. To protect the privacy of PHI, providers must be alert to behaviors of their employees, patients, and even individuals who have no relationship to the…
Effective March 25, 2011, all Medicare providers must report a change in ownership, practice location, or an adverse legal action within 30 days. CMS is now aggressively pursuing these violations and may impose penalties that include revoking physician privileges for up to three years. If a group practice is found in violation, CMS will revoke…
Here’s a way to speed up your sales that I think more sellers should consider…
Use an access agreement.
Most sellers and buyers don’t start the buyer’s inspection period until they’ve negotiated a purchase and sale contract. Why wait?
An access agreement allows the buyer to start doing its due diligence while you’re negotiating the…
Somewhat to our surprise, at the end of the First Called Session (more commonly known as the special session), the legislature added some guardianship provisions from H.B. 2900(that failed to pass in the Regular Session) to S.B. 1, the “fiscal matters” bill that was the primary reason for the special session in the first place. …
