The IRS released a draft of Form 1099-DA “Digital Asset Proceeds from Broker Transactions” in April which will require anyone defined as a “broker” to report certain information related to the sale of digital assets. The new reporting requirements will be effective for transactions occurring in 2025 and beyond. The release of Form 1099-DA follows…
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There was a time when modern devices like smartphones, GPS devices, and infotainment systems in cars didn’t exist, but drivers still had to contend with other distractions. These included children in the back seat, beautiful scenery, and daydreaming, which are also leading causes of car accidents.
All forms of distractions are dangerous to some extent.…
In recent years, a substantial number of “Schedule A” trademark infringement cases have been filed in the Northern District of Illinois. In such a case, the trademark owner may file a trademark infringement complaint against a number of defendants, with the complaint identifying the defendants as “The Individuals, Corporations, Limited Liability Companies, Partnerships and Unincorporated…
Rollover accidents are commonplace throughout Bakersfield and the rest of Kern County due to a variety of reasons. These accidents can easily happen due to speeding, distracted driving, fatigue, and more. When a rollover crash occurs, the results can be catastrophic and devastating – from severe injuries to fatalities in certain cases. If you and…
A divorce can be one of the most challenging events that any person endures, and for men, the issue can be even more difficult. Regardless of the details of the separation, the reality is that divorce still carries a powerful social stigma that can negatively impact a person’s sense of self-worth and mental health.
Men’s rights…
Anti-Money Laundering and Sanctions Whistleblower Program
In a May 6, 2024 speech at the SIFMA AML Conference, the Director of the Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) Andrea Gacki discussed the success of the Anti-Money Laundering Act (AMLA) in generating disclosures about money laundering and sanctions evasion:
[The whistleblower] program holds tremendous potential as an enforcement force-multiplier.…
When is the FTC’s rule effective?
The FTC’s non-compete ban is not in effect yet. It does not become effective until 120 days after the date of publication in the Federal Register of the final rule. The Federal Register is expected to publish the final rule next week, likely making the effective date around the…
In today’s digital landscape, the exchange of personal information has become ubiquitous, often without consumers fully comprehending the extent of its implications.
The recent actions undertaken by the Federal Trade Commission (FTC) shine a light on the intricate web of data extraction and mishandling that pervades our online interactions. From the seemingly innocuous permission requests…
Because big rigs are some of the largest vehicles on our roads, they are capable of causing some of the most catastrophic accidents. In many of these cases, those inside a smaller vehicle will be severely injured or even have their lives taken. If you have lost someone you love in a fatal truck accident…
On 2 May 2024, the Commodity Futures Trading Commission’s (CFTC) Technology Advisory Committee (Committee) released a report entitled Responsible AI in Financial Markets: Opportunities, Risks & Recommendations. The report discusses the impact and future implications of artificial intelligence (AI) on financial markets and further illustrates the CFTC’s desire to oversee the AI space.
In the accompanying press…