On Dec. 20, 2018, the Agriculture Improvement Act of 2018 (Farm Bill) was signed into law. The law removed hemp from the Controlled Substances Act, meaning it is now legal throughout the United States — subject to state law — ...

Tagged with: Jason Klimek Legal Bytes

One of the cornerstones of then-candidate Donald J. Trump’s promise to “Make America Great Again” was substantial reform of the federal tax system. On April 26, President Trump introduced a single-page plan summarizing his proposals in very brief, sweeping terms. ...

Tagged with: Jason Klimek tax law

What is considered “intellectual property” for tax purposes? The Internal Revenue Code (the “Code”) has a rather expansive definition of intellectual property, which includes patents, trademarks, copyrights, trade secrets, software, contractual rights, goodwill and covenants not to compete, many of ...

Tagged with: intellectual property Jason Klimek Legal Bytes