Earlier this week, a Jack County jury awarded $23.1 million to Nebraska-based Midwestern Cattle Marketing, LLC. Midwestern Cattle, a cattle brokering company, had done business with Texas-based Lyon Farms for several years. After hundreds of successful transactions, Midwestern Cattle allowed Tony Lyon to use a Midwestern Cattle checkbook and signature stamp – and in return,…
I don’t believe that’s an official designation, but many attorneys who handle divorce cases find that the turn of a new year typically sparks big decisions – including ending a marriage. But what if it were more difficult to obtain a divorce? Would you keep trying to make it work? State lawmaker Mark Krause, R-Fort…
At the beginning of each tax season, the IRS publishes a list of highly scrutinized tax matters, generally referred to as the “Dirty Dozen.” In 2015, the IRS added to this Dirty Dozen list a category for Abusive Tax Shelters. Within that category, the 831(b) Captive Insurance arrangements are the basis for very serious IRS…