Jussie Smollett has ignited a media firestorm after it came out he allegedly paid his friends to stage a racially motivated attack to possibly promote his career. According to Rob Wood of Wood LLP in San Francisco, that means it was possibly for a business reason...which means his legal fees could be deducted as a business expense. He explains his theory in this interview.
Your golden years should be a time when you are relaxed, enjoying life and, of course, feeling safe, but some states are safer than others for retirees. The seniorlist.com takes a look at the safest states in the nation analyzing five criteria - reports of fraud, monthly housing costs for renters, residents over the age of 65 living in poverty, average annual rate of violent-injury death among residents 65 and older per 100,000 people and seniors living alone as a percentage of the state’s overall population.
The safest state was Iowa, followed by Nebraska, South Dakota, Minnesota and Utah. Interestingly enough Florida, which is a popular state among retirees, was the state that posed the most risk for seniors. Seniors in Iowa experience a low number of frauds, percentage of people 65 years and older living in poverty and a low percentage of seniors living alone as a percentage of the state’s overall population.
When you think of whistleblowers...you think of big payouts and dollar signs, but you may be surprised to hear whistleblowers have to pay taxes on money they make, too. Rob Wood of Wood LLP writes about this in a recent Business Law Today article and joins us here today to talk about it.
Women workers are increasingly seeing company stock as an important part of an employer’s benefits package, finds a Fidelity Investments study.
According to their findings, nearly half of women said a company stock plan is something they consider when accepting a new job and 52 percent said having company stock increases their loyalty to an employer. Nearly two-thirds of the women who participated in the Fidelity study reported having access to company stock gave them a sense of ownership in their organization and 67 percent said they were very satisfied with their company’s stock plan. 48 percent said they work harder knowing their stock plan will reward them if their company is successful.
Dogs, like humans, change personalities as they age, finds a new Michigan State University study. The study analyzed 1,681 dogs that ranged in age from one and a half weeks to 16 years old with about half of them being purebred.
Dog owners were asked to fill out questionnaires about their pet’s personalities. Owners were presented with 45 statements and were told to decide how much they agreed with each one by using a scale ranging from 1 being strongly disagree to 7 strongly agree.
The study found when it came to levels of fearfulness old and young dogs were the same. Maybe not surprisingly, younger dogs were found to be more active/excitable than older dogs. Interestingly, the study found a dog’s responsiveness to training rises from puppyhood until it reaches a peak at 7.44 years of age, when it then starts to taper off. When it came to aggression, the research found dogs were most aggressive when they were 7.74 years of age. Younger and older dogs showed lower levels of aggression.