American Investment Group

Beverly Hills, CA 90210 10,465 Sq/ft living space 6 En-Suite Bedrooms, 10 bathrooms Theater, Elevator, Jet Stream Pool & Spa... Call/text Karo Karapetyan @ 310-435-8179 or email: [email protected]

Witkin Award for Jurisprudence by the Witkin Legal Institute.

Yet, 57% of the population feels we are still in recession. I've never seen a recession like this!

Partnership Verdict in Dallas: You May be Married and Not Know it. On Tuesday, March 4, 2014, a Dallas jury found that Enterprise Products Partners, L.P. (Enterprise) had entered into a partnership with Energy Transfer Partners, L.P. (ETP) to jointly develop a crude oil pipeline from Cushing, Oklahoma to the Texas Gulf Coast despite the lack of executed partnership agreements and the inclusion of express non-binding provisions in their preliminary agreements. In awarding dam...Continue reading

Legal Research anyone?

Email is an indispensable business tool. But the speed and informality of email can lead to the accidental use of contract-forming language, resulting in unintentional binding agreements. This problem is made worse by statutes that compel courts to be liberal in finding contracts formed by emails, even where one party did not mean to be bound. In this environment, companies need to recognize and protect themselves from the very real risk of accidental contracts. THE LAW REC...Continue reading

Ivanka Trump thank you for all your support. From all of us here at American Investment Group

RETIREMENT CONTRIBUTIONS LIMITS ANNOUNCED FOR 2014 The Internal Revenue Service announced cost of living adjustments affecting dollar limitations for pension plans and other retirement-related items for Tax Year 2014.... In general, some pension limitations such as those governing 401(k) plans and IRAs will remain unchanged because the increase in the Consumer Price Index did not meet the statutory thresholds for their adjustment. However, other pension plan limitations will increase for 2014. Here are the highlights: The elective deferral (contribution) limit for employees who participate in 401(k), 403(b), most 457 plans, and the federal government's Thrift Savings Plan remains unchanged at $17,500. The catch-up contribution limit for employees age 50 and over who participate in 401(k), 403(b), most 457 plans, and the federal government's Thrift Savings Plan remains unchanged at $5,500. Contribution limits for SIMPLE retirement accounts remains at $12,000. The deduction for taxpayers making contributions to a traditional IRA is phased out for singles and heads of household who are covered by a workplace retirement plan and have modified adjusted gross incomes (AGI) between $60,000 and $70,000, up from $59,000 and $69,000 in 2013. For married couples filing jointly, in which the spouse who makes the IRA contribution is covered by a workplace retirement plan, the income phase-out range is $96,000 to $116,000, up from $95,000 to $115,000. For an IRA contributor who is not covered by a workplace retirement plan and is married to someone who is covered, the deduction is phased out if the couple's income is between $181,000 and $191,000, up from $178,000 and $188,000. For a married individual filing a separate return who is covered by a workplace retirement plan, the phase-out range is not subject to an annual cost-of-living adjustment and remains $0 to $10,000. The AGI phase-out range for taxpayers making contributions to a Roth IRA is $181,000 to $191,000 for married couples filing jointly, up from $178,000 to $188,000 in 2013. For singles and heads of household, the income phase-out range is $114,000 to $129,000, up from $112,000 to $127,000. For a married individual filing a separate return, the phase-out range is not subject to an annual cost-of-living adjustment and remains $0 to $10,000. The AGI limit for the saver's credit (also known as the retirement savings contribution credit) for low- and moderate-income workers is $60,000 for married couples filing jointly, up from $59,000 in 2013; $45,000 for heads of household, up from $44,250; and $30,000 for married individuals filing separately and for singles, up from $29,500.

5 Things You Should Do for Your Incorporated Business Before 2014 The end of the year is a great time to make sure your business has all the advantages it needs as you head into the following year. Find out five things you can do before the year ends to help your business and bottom line in 2014. 1. Make changes to your entity type before the new year... As your business grows or changes, you may need to change your entity type also. For example, a rapidly growing LLC could decide to convert to a C-Corporation so that owners can easily offer stock options to investors or employees. If you want to change your business entity type, the end of the year is a good time to submit your paperwork as it creates a clean break between one year and the next. In some cases, you will have to form a new Corporation and then dissolve the old business entity. 2. Get all of your end-of-year filings completed The biggest end-of-year filing most businesses need is their 1099s for any contractors that were paid over $600 during the year. 3. If you have employees, get everyone prepared for the coming year Your employees are critical to the success of your company. The end of the year is a great time to provide employee evaluations, so your employees have a clear vision of what you want in the coming year. It's also a good time to make sure you have the right agreements in place with current employees, including updated Employment Agreements and an Employee Handbook, which you can create and customize in less than five minutes. By following best employment practices, you can also avoid the cost and hassle of employment disputes. 4. Make sure your business is compliantand stays that way Most business owners don't find out they're not compliant until they face fines or other difficulties. Get the help you need to stay compliant in your state by asking a local lawyer your questions about what documents you need to submit to the state for your entity type. If you plan to buy or rent real estate in the coming year for your business or hope to attract new investors or borrow money, you will also need a Certificate of Good Standing. Call us at (310) 435-8179 and we can help you get your certificate from the state. 5. Not operating anymore? Make sure the new year doesn't bring new liabilities Just because you stopped operating doesn't mean the state knows it. If you've incorporated your business and a new year starts, you may be subject to another year of responsibilities for that business, such as additional taxes, if you don't dissolve it beforehand. You can dissolve your business with us by calling (310) 435-8179. Have a Happy and Prosperous 2014

New Listing in Moorpark, CA

Beverly Hills, CA 90210 10,465 Sq/ft living space 6 En-Suite Bedrooms, 10 bathrooms Theater, Elevator, Jet Stream Pool & Spa... Call/text Karo Karapetyan @ 310-435-8179 or email: [email protected]

Investor's dream, 2 bdrm, 2 bath condo in Cangoa Park listed for $229,000. Will easily rent for $1550+

Witkin Award for Jurisprudence by the Witkin Legal Institute.