Over the last few years, states have considered additional legalization of recreational and medical marijuana and now it’s Missouri’s turn. Missouri medical marijuana advocates are currently petitioning state courts to allow their initiative on the November ballot. The Missouri legislature recently defeated legislation to legalize medical …
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Kansas City Business Law Firm Reviews Uniform Trust Code In Kansas, Missouri And Florida
Many long time habitués of Kansas and Missouri also have homes in Florida and many of those individuals have also declared Florida to be their state of residence, primarily because Florida has no state income tax. Kansas, Missouri and Florida are among the twenty-nine states that have enacted the Uniform Trust Code. Effective January 1, 2003, …
Kansas City Law Firm Touts Support for International Public Charities To Family Private Foundations It Represents
One of the larger practice groups at Van Osdol is charities and nonprofit representation. The breadth of the practice representation ranges from international public charities to family private foundations. Photo Credit: Children’s International We represent locally based nonprofits and those based in many other states. Our clients give poor …
Charity Begins At Home
If you are one of those generous souls who makes significant charitable contributions each year, be sure you document contributions the right way or be prepared for a possible losing duel with the IRS over the tax deductibility of your contribution over $250. All contributions that exceed this amount are only deductible if you have a receipt from …
Van Osdol & Magruder Reviews Mass Exodus of Baby Boomers from Workforce & Legal, Business Transition and Estate Planning
Pew Research Center has recently announced findings which suggest startling statistics and possibilities for the next 20 years, spurred by the nation’s Baby Boomer generation. Van Osdol & Magruder analyzed the numbers and the likely impact. (Photo: babyboomervitamins.com) According to the research, 10,000 Baby Boomers will hit the age of 65 …
The Biggest Little Law Firm® Examines Kansas Tax Law Changes
By: Elizabeth E. Patterson Major tax law changes have come to Kansas. In May of this year, Governor Sam Brownback signed into law tax provisions that reduced income tax rates, increased the standard deduction, eliminated many income tax credits and exempted nonwage income from pass-through entities. The taxation of C Corporations and wages will …
