NFTs, or “non-fungible tokens,” are the latest sensation in the cryptocurrency universe, or as many like to call it, the “Cryptoverse.” And if you haven’t heard about NFTs yet, now is a great time to learn because they are likely to be a big part of our collective future. So what is an NFT? In the most basic terms, an NFT is a cryptographic token that exists on a blockchain and is used to establish proof of Read More
Dahl Presents Webinar “Sign HERE: Viability and Implementation of Electronic Contracts & e-Signatures” for Sacramento County Public Law Library
Electronic contracts bring a unique set of risk, compliance, and litigation issues to business transactions. The Electronic Signatures in Global and National Commerce (ESIGN) Act and the Uniform Electronic Transactions Act (UETA) have provided rules for creating binding electronic contracts, but legal questions and concerns still exist. In this webinar Tyler Q, Dahl covered: how to identify and resolve the Read More
A Not-So-Happy Accident: Bob Ross’s Estate Planning Failures Leave His Son With Next to Nothing—Part 2
As the host of the wildly popular The Joy of Painting TV series on PBS, Bob Ross became a pop-culture icon, who was equally famous for his giant head of hair, soothing baritone voice, and folksy demeanor as he was for his iconic landscape paintings. And like so many other artists, Bob’s artwork and image would become even more popular following Bob’s death in 1995. Bob’s philosophy in both painting and life was Read More
The IRS Allows Flexible Allocations for LLCs Taxed as Partnerships—Don’t Ignore It!
The limited liability company (LLC) legal structure is a popular one among entrepreneurs. Founders may enjoy limited personal liability while avoiding double taxation present with traditional corporations. The Internal Revenue Code (IRC) also offers flexibility among LLC members (owners) when it comes to allocations of profits, gains, losses, deductions, and credits. With great flexibility, however, comes great Read More
A Not-So-Happy Accident: Bob Ross’s Estate Planning Failures Leave His Son With Next to Nothing—Part 1
As the host of the wildly popular The Joy of Painting TV series on PBS, Bob Ross became a pop-culture icon, who was equally famous for his giant head of hair, soothing baritone voice, and folksy demeanor as he was for his iconic landscape paintings. And like so many other artists, Bob’s artwork and image would become even more popular following Bob’s death in 1995. Bob’s philosophy in both painting and life was Read More
5 Common Mistakes When Starting a New Business
It seems that everywhere you look, a new start-up is trying to make it big with a game-changing idea, or an aspiring family member is looking to set up a business to provide better for his or her family, and achieve new accomplishments. But it’s only the ones that can turn that idea into reality that reach business success. Too many start-ups fail to make the transition from idea to execution or encounter major Read More
2021 Estate Planning Checkup: Is Your Estate Plan Up to Date?
Even if you put a totally solid estate plan in place, it can turn out to be worthless for the people you love if it’s not regularly updated. Estate planning is not a one-and-done type of deal—your plan should continuously evolve along with your life circumstances and other changing conditions, such as your assets and the law. No matter who you are, your life will inevitably change: families change, laws Read More
Properly Executing a Section 351 Exchange
Owners of real property or other assets with built-in gain (and a low tax basis) may wish to transfer the appreciating property to a newly formed corporation in exchange for stock. By exchanging property for shares of a corporation’s stock, the property owner can also realize tax benefits through Section 351 of the Internal Revenue Code (IRC). Many times, transferring property to a corporation in exchange for Read More
Estate Planning Must-Haves for Single Parents
If you are a single parent, life for you right now probably couldn’t get any busier. You are likely being pulled between work, school activities, and home - and the inevitable emergencies that fill the lives of single parents everywhere. Being a single parent is a huge responsibility, even if you do share time with a parenting partner, and especially so if you don’t. Regardless, as a single parent, your children’s Read More
Tyler Q. Dahl Presents at Start-up Sacramento
Attorney Tyler Q. Dahl presented at “Start-up Sacramento”. This program is organized by the Franklin Boulevard Business District and the Sacramento Hispanic Chamber of Commerce. Emprende Sacramento is a 10-week program comprised of sessions geared towards early-stage businesses or businesses with revenue under $1 million on core business concepts and practices. Each session guides businesses through Read More
