Manufacturing Legal Update - September 2008

09/25/2008

 

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In This Issue:

  • EEOC Charges: How to prevent them and what to do when they are brought against you
  • Enhanced Tax write-off choices for corporations result from new Housing law and Economic Stimulus Act of 2008


Updates:

 

EEOC CHARGES

How do you prevent most EEOC charges?  And what do you do when you receive them?  Owners and human resources personnel may be interested in two recent articles in which attorneys Mark Geier and Chris Harristhal discuss EEOC charges in-depth.

 

To view the articles, click on the links to the Arrowhead Manufacturing and Fabricators Association newsletter, Shoptalk™ and the Minnesota Precision Manufacturing Association newsletter, Scratchpad™. 

 

Minnesota Law & Politics recently featured Harristhal for his success, nationwide, in this area.

 

TAX

Enhanced write-off choices for corporations.  On July 30, 2008, President Bush signed the Housing Act into law.  It gives some manufacturers an opportunity to claim additional deductions if they cannot not make full use of the bonus first year depreciation.

 

You may recall the Economic Stimulus Act of 2008,  signed into law in February, 2008.  This allows businesses to claim a bonus first-year depreciation deduction of 50% for most personal property and software acquired and placed in service during 2008. However, many corporations are struggling and can't make good use of the enhanced depreciation write-off.

 

The Housing Act gives such corporations an alternative tax break. For tax years ending after Mar. 31, 2008, corporations otherwise eligible for bonus depreciation may instead elect to claim additional research tax credits or certain minimum tax credits. This alternative choice is highly specialized and will require detailed analysis of a corporation's tax situation.

 


Recently Published:

 

Harristhal Interviewed in Minnesota Law & Politics

 

Chris Harristhal was interviewed in the August 2008 issue of Minnesota Law & Politics.  The article entitled "Can a Pagan Priest With a Beard Work in Food Service?" discusses the interesting employment and labor law issues Harristhal encounters in his practice.

 

For more information on this article, contact Chris Harristhal.

 


  Honors & Awards: 

 

Harristhal among 2008 Minnesota Super Lawyers®

 

The Super Lawyers list is the top 5 percent of attorneys in each state, as chosen by their peers and through independent research conducted by Minnesota Law & Politics magazine.  

 

 

Geier and Harristhal Receive Highest Professional Ratings in Legal Ability and Ethics

 

Mark Geier and Chris Harristhal have received "AV" ratings, the highest possible, by Martindale-Hubbell® Peer Review Ratings™.  The ratings are based on confidential surveys of attorneys and Judges.  "A" relates to their legal ability and indicates their peers have rated them as demonstrating "very high to preeminent" legal ability.  "V" relates to their professional conduct and indicates that their peers have rated them as adhering to "very high" ethical standards.

 


 


This alert is provided as a service to our clients and firm associates.  While the information provided in this publication is believed to be accurate, it is general in nature and should not be construed as legal advice.
 

September 2008

 

 

Welcome to the first edition of Larkin Hoffman’s Manufacturing Legal Update. Our goal in preparing this publication is to inform our clients and friends of important developments in manufacturing law.  Accordingly, we welcome reader imput.  If you would like to make a suggestion about content please send us an email.

-Mark Geier & 

Chris Harristhal

 

Corporate Law 

 

Business Employment Law 

                                                      


Our Manufacturing Practice: Larkin Hoffman represents manufacturers across the United States in all legal fields.  Clients consult them on strategic planning, executive and management decisions, and dealing with investors, lenders, customers, vendors and government agencies in the United States and abroad.   


 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

                                 

 
 

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