Insights

Ever since virtual currencies such as Bitcoin appeared on the scene, a multitude of questions has followed in their wake concerning the tax treatment of these new types of assets.  Over the past decade, the IRS has been slow to issue guidance to taxpayers on…
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Peloton, a seller of stationary bikes and other exercise equipment, recently released a now-infamous commercial titled “The Gift That Gives Back.” The 30-second ad, which has received over 8 million views as of this blog post, features an already fit wife, portrayed by actress Monica…
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On June 5, 2019, the Illinois legislature passed the 2019 Illinois Tax Delinquency Amnesty Act, which took effect October 1, 2019. This program offers taxpayers a short window to settle any outstanding tax debts, file for missed tax years, or amend any inaccurate returns that…
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Recent amendments to Missouri’s interpleader statute (RSMo § 507.060) provide significant protection for liability insurers seeking to avoid risky, time-consuming, and expensive excess litigation. However, the new amendments pose new questions and a thoughtful litigation and claims handling strategy is imperative. Liability insurers often encounter…
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Following up on last year’s blog post about how easy it is for a sweepstakes (often akin to a “giveaway”) to end up being considered “illegal gambling,” I wanted to discuss marketing and advertising in a more general capacity, along with some best practices influencers…
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This week, the Missouri Board of Accountancy released a comment concerning Amendment 2 to the Missouri Constitution, approved by voters on November 6, 2018.  Amendment 2, in general, approves the use of medical marijuana within the state. As of June 2019, 11 states have completely…
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Last week members of Capes Sokol’s Business and Real Estate Practice Group attended a CLE webinar co-sponsored by the American Bar Association Real Property, Trust and Estate Law Section and the American College of Real Estate Lawyers. The webinar entitled, “Blockchain and Real Estate –…
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