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  Timely Opportunities

Amendments to the Family and Medical Leave Act (FMLA) extend new benefits to qualifying military families. There are two new reasons that allow family members of military personnel to take unpaid time off from work -- and one provision took effect on January 28, 2008. For more information on the changes and employer obligations under the FMLA, click "Full Article."
Copyright © 2008

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  Business Tax - US

If you've been claiming home office deductions on your tax return, you may wonder what happens when you decide to sell your house. Can you still collect a tax-free gain of up to $250,000 if you're single or $500,000 if you're married and filing a joint tax return? Depending on the circumstances, you may still be able to exclude all or part of the gain, provided you otherwise qualify. Read on to learn the tax law requirements and how you might be able to increase the amount you ca
Copyright © 2008

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  Elder Law

Some aging people need help with basic daily activities, but not enough to go into a nursing home. This is where assisted living facilities come in. Click "Full Article" for the details of what these facilities provide, how to manage the costs, and potential tax breaks.
Copyright © 2008

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  Real Estate

If you're thinking about buying real estate or other assets with high appreciation potential, don't let your C corporation own the property. You could get hit with double taxation on the capital gains when you sell — once at the corporate level and again on the personal level when the proceeds are distributed to you. Here's a better way to handle real estate ownership.
Copyright © 2008

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  Latest Business Headlines

UAE guarantees bank deposits, savings
middle-east-online.com - Mon, 13 Oct 2008 09:40:49 GMT

Markets rally as India moves to reassure investors
gulfnews.com - Mon, 13 Oct 2008 09:39:56 GMT

World leaders offer up cash
thenewstribune.com - Mon, 13 Oct 2008 09:31:59 GMT

Shares in Europe stage powerful comeback
nigeriasun.com - Mon, 13 Oct 2008 09:30:54 GMT

Qimonda to sell Inotera stake to Micron, to cut 3,000 jobs
marketwatch.com - Mon, 13 Oct 2008 09:28:28 GMT

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  Disclaimer of Liability

LSSLC, LLC provides the information in this newsletter for general guidance only, and does not constitute the provision of legal advice or professional consulting of any kind. The information provided herein should not be used as a substitute for consultation with professional tax, accounting, legal, or other competent advisers. Before making any decision or taking any action, you should consult a professional adviser who has been provided with all pertinent facts relevant to your particular situation. 

The information is provided "as is," with no assurance or guarantee of completeness, accuracy, or timeliness of the information, and without warranty of any kind, express or implied, including but not limited to warranties of performance, merchantability, and fitness for a particular purpose.