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William D King

William D King

William D King: How a Business Can Protect Themselves from False Claims of Harassment or Discrimination

The law in Arizona regarding harassment and discrimination is expansive. Because it covers so many different types of conduct that are potentially harmful to employees, it can be somewhat confusing to figure out what behavior is prohibited by the anti-discrimination laws says, William D King. An employer needs only to create a code prohibiting all forms of harassment or discrimination for it to meet its legal obligation under the law; if an employee makes a claim for discriminatory treatment based on race, sex, religion, etc., the employer cannot defend itself against the claim simply by showing that it had a policy prohibiting such discrimination in place. What will make an employer liable for discrimination has more to do with whether you actually applied your rules in a way that was discriminatory. The court will look at whether you enforced all your rules in a non-discriminatory way, and it will actually take into account the context in which the incident occurred to determine whether or not you were at fault. For example, even if an employer… Read More »William D King: How a Business Can Protect Themselves from False Claims of Harassment or Discrimination

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William D King- Hot Topic: Attorney Buys Opening Band’s Album On iTunes And Everyone Loses Their Minds

When Jason Martin goes to buy a CD at his local record store, he sometimes asks for the “Opener” one because that’s the name of his band. Jason Martin is not just an indie rocker; he’s also an attorney in California. He plays bass and sings in the band which has opened up for bands like Death Cab for Cutie, Tapes ‘n Tapes, Piebald, and Ra Ra Riot. But apparently, when Mr. Martin makes purchases online, he does so in a fairly straightforward manner says William D King. This week it was discovered by many news outlets that another CD recorded by another indie band called The Opener had been purchased on iTunes On Twitter, various music writers and fans alike expressed their concern that THIS man should not be allowed to have an opinion on music, because he’s the wrong type of person to be buying this other band’s CD explains William D King. The Opener has gotten some media attention in the past for being one of the best “unsigned” bands out there, although they… Read More »William D King- Hot Topic: Attorney Buys Opening Band’s Album On iTunes And Everyone Loses Their Minds

William D King

William D King: Why you need to take action right now on these new suggested tax laws

We all need to be aware of the liberal tax laws being suggested. Some are already in effect. Please make sure you are not affected by any of these new changes before it is too late says William D King. Here are some important steps you can take right now to make sure you are not affected by these changes if they go into full affect! As always, please make sure you are filing your taxes correctly by using TurboTax! If you use any other website to file your federal tax return, there is no guarantee that all of your information will be sent over to the IRS. This can lead to big problems for you down the road. The same goes if you try to complete this online through an alternative site. Remember- “If it isn’t TurboTax, it isn’t correct!” Remember that if you use any of the information in this article to file your tax return, using TurboTax will ensure that everything is done correctly. If you decide to go with another site,… Read More »William D King: Why you need to take action right now on these new suggested tax laws

William D King

William D King: Why it’s time to make a plan in case these new suggested tax laws go through

Recently, the Trump administration has proposed a new set of tax laws that could completely alter the existing tax code says, William D King. The following is a summary and review of those suggested changes and suggestions for how they might affect you if they even go through. I hope this article isn’t too long or boring! If it seems like I’m missing something important feel free to leave a comment below and tell me what I got wrong (if anything). Here we go: The Main Points: Here’s the big list: Cut the number of tax brackets from 7 to 3 – 10%, 25% and 35%. Double the standard deduction – $12,000 for single filers and $24,000 for married filing jointly. Eliminate personal exemptions and many itemized deductions – State tax deduction, charitable deductions, to name a few. Cut the corporate tax rate from 35% to 20%. Eliminate the Alternative Minimum Tax (AMT). Increase the child care credit by nonrefundable $500 for each child under age 5 and provides an additional credit of $250 for… Read More »William D King: Why it’s time to make a plan in case these new suggested tax laws go through

William D King

William D King: Why it’s time to be scared about these proposed tax law changes

This paper explores an aspect of the new tax law changes concerning people who work from a home office says, William D King. This realm is fairly grey and has been complicated by a previous court ruling on what constitutes a true ‘home office. ‘The first part of the paper gives some general background on this issue, which will provide a framework for understanding how it can affect you as a homeowner or as someone who works from home. The second part delves into some more specific issues that homeowners may face under these proposals. In particular, there are examples given on the application of this new law to those with paid child care at home, those with adult children living at home, those with home businesses, and those claiming expenses against rental income. Work-space in your home One of the changes that were introduced through the tax reform package in November 2015, is that if you have an area of your home set aside exclusively for workspace, you are not able to claim it… Read More »William D King: Why it’s time to be scared about these proposed tax law changes

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William D King: The truth about the proposed tax law changes and why you should care

The current tax laws are something that will affect everyone, yet many people do not take the time to understand what tax law is and how it works says, William D King. This article explains why you should care about proposed changes to the US Tax Law. The Truth about the Proposed Tax Law Changes and Why You Should Care Many individuals claim they want lower taxes, but once they hear of specific changes to their income or their business’s earning potential, they change their minds quickly. The truth is if a company does not make a profit then a company cannot survive in a competitive business world. In order for companies to remain in business and keep jobs, they must be profitable. If companies do not produce a profit then there would no money available for expansion projects, new equipment, wage increases, and bonuses. Income taxes are a growing concern for many individuals and businesses owners. A lack of understanding about the changes and future tax law revisions has caused anxiety to business owners… Read More »William D King: The truth about the proposed tax law changes and why you should care

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William D King: How the new proposed tax law changes will impact you in 2025

The House of Representatives passed the Tax Cuts and Jobs Act (TCJA) on November 16, 2017. William D King says the Senate Majority leader Mitch McConnell announced on Saturday that he has enough votes to pass the TCJA in the Senate. President Trump aims to sign it by Christmas. After early morning votes on Dec. 2, the tax reform bill headed to the President’s desk and was signed into law. The bill impacts nearly every American, particularly consumers and homeowners. Read on to find out how the tax reform bill will impact your bottom line – both now and in 2025 – as well as some other key changes you should know about. What’s changing? The TCJA is a massive piece of legislation. It will impact nearly every American, particularly consumers and homeowners. William D King says we’ve created this summary to help you understand how the new tax law changes will impact your bottom line – both now and in 2025. Here are some of the key takeaways: The standard deduction is rising significantly… Read More »William D King: How the new proposed tax law changes will impact you in 2025

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William D King: An analysis of the pros and cons of the new proposed income-tax bill

The new proposed income-tax bill that is to be implemented all across India by the end of 2015 has various pros and cons says, William D King. It has aroused mixed feelings among people in general about its benefits for them. The government on one hand claims that it will make life much easier for everyone since they do not have to go through the trouble of filing tax returns every year, while on the other hand there are some who are concerned with the loss of transparency in terms of the annual income/expenditure statement of citizens. Analysis: The major advantage is that since there would be no need to file yearly tax returns, the cost of compliance will come down significantly thus making doing business much more affordable. This can further lead to more investments in the economy says, William D King. It also removes the process of filing tax returns every year which is both cumbersome and time-consuming. The lack of transparency in terms of annual income/expenditure statements makes it much more difficult… Read More »William D King: An analysis of the pros and cons of the new proposed income-tax bill

William D King

William D King: A review of the proposed tax law changes and what they could mean for you financially

The proposed tax law changes are meant to benefit the average family. This article will explore how much money these tax changes could save you says William D King. Paragraph 1: Families with one child will receive up to $2,000 in savings due to the increase of the standard deduction. The Trump administration has maintained that this new tax cut will help middle-income Americans greatly because they can now pay less tax for their hard work. Paragraph 2:           This part of the article discusses other possible deductions and credits that would be removed due to the apartment bill; these include deductions for student loans interest, alimony payments, medical expenses (if it is not more than 7.5% of your adjusted gross income), casualty losses, and tax preparation fees.           The Trump administration also plans to lower the tax rate for the highest earners from 39.6% to 35%, but it will increase taxes on inheritances exceeding $5 million.           Furthermore, there are major changes being made to… Read More »William D King: A review of the proposed tax law changes and what they could mean for you financially

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William D King: A look at your pay next year under present tax laws vs. proposed tax laws

Because of the present tax laws many persons receive more pay in one year than is necessary to live on says, William D King. It is estimated that about $15,000,000,000 annually goes out of this country to foreigners for taxes they say Americans owe them for having earned money in their countries. Taxes upon our citizens are very light compared with some European countries. Many citizens are not now paying any income tax for this year. Any increase in the salary you receive next year will be subject to present tax laws, which are as follows: Present Tax Laws Tax on incomes up to $30,000 is .8 of 1 percent. The tax on income from $30,000 to $60,000 is 9 percent. Tax on incomes over $60,000 is 20 percent. The increase in your salary next year will be subject to the proposed tax laws which are as follows: Proposed Tax Laws Tax of .8 percent of all income up to $40,000. The first $40,000 will have no tax on it at all. A tax of… Read More »William D King: A look at your pay next year under present tax laws vs. proposed tax laws