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Daily Archives: August 18, 2022
Pandemic Did Not Support Impossibility Defense
In an action for breach of contract, on a motion for summary judgment, defendant raised the affirmative defense that performance was impossible. That defense requires proof that defendant did “virtually” everything “within its powers to perform its duties under the … Continue reading
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What you should know about crowdfunding and taxes
Crowdfunding is a popular way to raise money online. People often use crowdfunding to fundraise for a business, for charity, or for gifts. It’s important to know that money raised through crowdfunding may be taxable. Some money raised through crowdfunding … Continue reading
Posted in Taxation
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A Golf Cart Can Be an Exempt Motor Vehicle
Those no longer able to drive cars will be pleased to learn that a golf cart can be exempt as a “motor vehicle,” at least in Oklahoma. Bankruptcy Judge Janice D Loyd of Oklahoma City said that hers was the … Continue reading
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