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Huddleston Tax CPAs | Accounting Firm In Seattle

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law

a wide view of an empty court room with wooden benches and witness stands and a red curtain

September 9, 2021 By john

Towne v Eisner & the Definition of Income

Today, many of us take for granted agreed upon terms, but there's usually an arduous road to establishing their definition. With the internet in particular, "privacy" has taken on myriad new meanings that need to be explored and defined. As recently as 2021, websites in the US need to announce their

Filed Under: law

pen and notepad in front of laptop with code on display screen

May 21, 2021 By john

Do Not Undervalue Tech For Your Law Firm

There are some small to mid-sized law firms that make the mistake of believing that improved technology will not benefit their practice. Consequently, they and their staff spend valuable time caught in outdated processes that should have been automated months or even years ago. Increasing

Filed Under: law

two business people shaking hands in front of a silhouette of other people

August 17, 2020 By john

What Is An Unconscionable Transaction?

Many entrepreneurs are familiar with the Pareto Principle or 80/20 rule as it applies to client-relationships. Essentially, 20% of your clients make up 80% of your problems. This can be especially difficult if your burgeoning business is trying to get a foothold in the industry and you have to deal

Filed Under: law

October 18, 2017 By john

A Basic Introduction to Reverse Section 1031 Tax Deferred Exchanges

Here on HTW, we’ve spent considerable time and effort exploring the complexities of Section 1031 tax deferred exchanges. And this is for good reason: if performed correctly, a 1031 like-kind exchange can be an extremely useful wealth maximization tool. Like-kind exchanges not only allow taxpayers to

Filed Under: law

February 20, 2017 By john

The Sixteenth Amendment & the Issue of State Sovereignty

In the next several installments of Huddleston Tax Weekly, we will discuss in great detail some of the controversies which were stirred by the sixteenth amendment. As we’ve noted in previous installments of HTC, the sixteenth amendment to the U.S. Constitution was an act of awesome importance.

Filed Under: law

December 9, 2016 By john

A Note on Direct & Indirect Taxes

In recent installments, we have discussed some of the legal and political issues surrounding the income tax. Upon reviewing these installments, there can be little doubt that the history of taxation in these United States is quite complex. Though the Congress has always had a power to tax, the

Filed Under: law

August 3, 2016 By john

Understanding Cost Basis

Cost basis is a tax concept which is used for determining the true amount which has either been gained or lost from the sale of a given commodity. When you sell property, basis is used to compute the correct amount of tax which is owed from the sale. Though cost basis is a relatively simple concept,

Filed Under: law

June 6, 2016 By john

Washington State Plays Leading Role in the Recruitment of EB-5 Investors

EB-5 InvestorsEB-5 investors are foreign investors who have chosen to take part in the EB-5 visa program. The EB-5 visa was initially created as part of the Immigration Act of 1990. The EB-5 visa program created an incentive for foreign nationals to invest money in the United States: after

Filed Under: law

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