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Month: December 2017

12/28/2017

How Prepaying Taxes Can Save You Money Under The New Tax Bill

Attorney reading the business newspaperSince the final federal tax bill (“tax bill”) appeared for the first time last Friday, December 15, 2017, many people have had questions as to how to best take advantage of the new bill. One way to take advantage of the tax bill is to prepay on state and local income taxes and property taxes. As the name suggests, prepayment means paying taxes in one year instead of another. Although counterintuitive, making advance payments on your state and local income taxes and property taxes can potentially save you upwards of five (5) figures. The following is a brief breakdown on how the tax bill will effect the prepayment of state and local income taxes; property taxes; and quarterly state income taxes. 

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12/20/2017

Appointment Process for Federal Judges

Martinson & Beason There’s been a lot of discussion recently about the appointment of federal judges, including the qualifications required to do the job and the confirmation process. Because they serve for life, federal judicial appointments are one of a President’s most enduring legacies. This article will take a non-partisan look at the federal judicial appointment process. Nomination Process Federal District Court Judges, Circuit Court of Appeals Judges and Supreme Court Judges are nominated by the President and confirmed by the Senate. They are lifetime appointments under the Constitution, which means the judges serve until death, impeachment, or retirement. They “hold their offices during good behavior” under Article III, section 1 of the Constitution.

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12/19/2017

MBCares Collects Warm Clothes, Batteries and Supplies for Tent City Project

Canned food drive Martinson & BeasonThroughout the holiday season, Martinson & Beason’s community service organization, MBCares, has collected camping gear, hygiene products, plastic bins, clothing, sleeping bags, hats, gloves, batteries, canned food, and other supplies for the homeless as part of the Tent City Project. The firm shares Tent City Project’s commitment to ensuring everyone in our community has the basic necessities to survive a cold winter. This year’s big drop-off of supplies will take place Saturday, December 16. Founded by Amy Mansell in 2008, the Tent City Project serves hundreds of homeless and displaced people throughout the year. The cold winter months are an especially important time as they provide warm clothes and blankets to those in need. With our city’s growth in population comes an increase in the area’s homeless. In fact, according to Tent City Project, there are nearly 500 homeless people in the city the organization seeks to assist.

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12/18/2017

Mo Show Live with Jimbo and Casio from Rocket 95.1

Martinson & Beason Personal Injury Attorneys Join Martinson & Beason, PC attorney Morris Lilienthal for the next episode of the Mo Show Live on January 3, 2018, at 11:00 AM, with special guests Jimbo and Casio from Rocket 95.1. Jimbo and Casio (Matt Mitchell and Jimbo Wood) have hosted their morning show since August of 2012. Together, Jimbo and Casio comprise over 50 years of radio experience. Their morning show is well recognized in the Tennessee Valley for its quick wit, good humor, and classic Southern storytelling. Guests of the show have included Willie Robertson of Duck Dynasty, Mike Henry, the voiceover actor of Family Guy, and numerous local celebrities.

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12/13/2017

Jury Hands Down $28 Million Verdict in Xarelto Case

On December 5, a Pennsylvania jury awarded a large verdict against the manufacturers of Xarelto, Bayer AG and Johnson & Johnson, in the amount of $27.8 million, over their failure to warn consumers of the high risk of internal bleeding and death. Xarelto is a blockbuster drug which has enriched Bayer Pharmaceutical to the tune of $3.41 billion in 2016 alone. As more consumers are experiencing unusual and lethal bleeds, however, they are demanding the company put profits ahead of safety in failing to warn consumers of the risks. Astoundingly, Xarelto has been linked to over 370 deaths. They argue Xarelto is a defective and dangerous product that has no counter-agent to stop bleeding.

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12/7/2017

The Mo Show Live with Elizabeth Garcia

Mo Show with Elizabeth Garcia Martinson & Beason, PC attorney Morris Lilienthal will be joined by Elizabeth Garcia, President of the Better Business Bureau of North Alabama, for the Mo Show Live, on Wednesday, December 13th, at 3:00 pm. The discussion will center on the important services provided by the Better Business Bureau of North Alabama and how the BBB engages with the community. As many consumers know, the Better Business Bureau is an important resource for verified and reliable information on local businesses. By contacting the BBB of North Alabama prior to engaging a local business for a product or service, consumers can avoid potential headaches as well as scams and rip-offs. The BBB, which has existed for over 100 years, sets the standards for ethics in business and monitors businesses to ensure ethical compliance. In addition to evaluating businesses, the BBB also reviews charities to help potential donors make informed decisions.

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