Effective January 1, 2018, the IRS changed its rule from requiring entities taxed as a partnership to designate a “Tax Matters Partner” to requiring a “Partnership Representative”. The change is more significant than nomenclature. The change is important because it endues significantly more authority to the Partnership Representative to bind the …
Kansas City Attorney
No Liability Verdict!
In November 2019, Van Osdol obtained a “no liability” verdict for Central Mine Equipment Company, a leading drill rig manufacturer near St. Louis, Missouri. The Plaintiff suffered an amputation when performing maintenance on the rig’s running power unit. In his closing argument, Plaintiff asked the jury to award $3.1 million for his amputations, …
What Makes Van Osdol Tick?
Earning trust among its clients. That’s what does it. As a recent example, Shareholder Mindy Ward is recognized in The Best Lawyers in America 2020 Edition. What’s more… she was also recognized by Best Lawyers’ Women in the Law category. Mindy gives Van Osdol clients peace of mind. Specifically, she provides strategic planning to reduce …
Grandpa’s Oil
You or your children may be worth a lot more money than you think. Oil, gas, or other mineral interests which may not have been productive for decades are now arising as valuable assets with the advent of new technologies and new applications for things that can be extracted from the ground. Fifty years ago, there was no good way to discover …
Kansas City Law Firm Sheds Light On Kansas Tax Changes
Back in 2012, we had a lot of clients asking us if they should move their business over to Kansas because of the favorable tax laws with flow-through entities - we even contemplated this move ourselves. At the time, it looked like a great move for some business owners who lived in Kansas; however, in retrospect, it may not have saved as much tax as …
Military Appreciation: Van Osdol & Magruder Salutes and Supports Veterans
Cheryl Boushka, a well-known estate planning attorney and partner of Van Osdol & Magruder, commemorated her family’s proud military history in an article of the spring 2013 issue of the U.S. Armed Forces Command and General Staff College Foundation News. Read the article here! how to get him backMs. Boushka dedicated authored and dedicated the …