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Posts from December 2008.

In late November, the United States Environmental Protection Agency (EPA) issued a final rule making significant changes to its Spill Prevention, Control and Countermeasure (SPCC) rule and issued a proposed rule to extend deadlines for compliance under the amended rule.

Patent owners enjoy a private right of action against infringers. Patent owners have the right to bring legal action against one who directly infringes their claimed invention, that is, one who, without authorization, makes, uses, offers to sell, or sells a patented invention within the U.S., or imports a patented invention into the U.S. during the term of the patent therefor. Patent ...

The Kentucky Energy and Environment Cabinet has seen several key personnel changes over the past month.

One of the most discussed pieces of legislation in Washington D.C. this past year has been the Employee Free Choice Act (EFCA). In brief, this legislation would do away with the traditional practice of allowing employees to decide by secret ballot election whether they wish to be represented by a union. Instead, a union could attain representative status merely by persuading a majority ...

The Internal Revenue Service announced the cost-of-living adjustments applicable to the dollar limitations for retirement plans for the 2009 tax year.

In the supply chain a push and pull exists between suppliers and buyers: suppliers need to get paid upon invoice maturity date or earlier to keep the supply chain moving. Buyers want to stretch the amount of time they take to pay suppliers in order to hold on to working capital longer. In the current economic downturn, the divergent pressures have increased drastically, but the risks to a ...

One of the remaining tax breaks in the estate and gift tax system is your right to make gifts of up to $12,000 to any number of donees ($24,000 per donee if you are married) free of transfer tax this year. These amounts will increase in 2009 to $13,000 per donee ($26,000 per donee if you are married). Making these gifts is a great way to reduce your estate and avoid death taxes. Each year that goes by without your making these gifts is a lost opportunity, and a gift to Uncle Sam. Use it by the end of December – and again in January – or lose it!! 



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