Blitz, Bardgett & Deutsch, LC is pleased to announce the opening of its newest office in Columbia, Missouri. The Columbia Office is located at 414 E. Broadway, Suite 100, Columbia, MO 65201. The Columbia office, along with current offices in St. Louis and Jefferson City, will enable the firm to better serve clients throughout Missouri […]
BB&D announces that Marc Ellinger has received the prestigious AV Preeminent® peer review rating from Martindale-Hubbell. Martindale-Hubbell® Peer Review Ratings™ are designed to assess the legal ability and ethical standards of an attorney. The AV Preeminent® rating represents a determination by Ellinger’s peers that he ranks at the highest level of professional excellence. Ellinger joins […]
Beginning in 2017, new tax incentives are available for manufacturers or distributors of manufactured goods shipped through Missouri ports. Senate Bill 861 (2016) enacted three new tax deductions for companies transporting cargo through water ports and airports in Missouri. See Sections 143.2100-.2115, RSMo. The Missouri Department of Economic Development (DED) and the Missouri Department of Revenue (DOR) are charged with jointly administering the new tax deductions. Taxpayers and tax professionals should be aware of these deductions and take steps to determine their eligibility for the 2017 tax year.
In situations where commercial borrowers (developers, businesses, etc.) are in default on a promissory note, the lender may offer to enter into a “forbearance agreement” or some other form of deferment agreement with the borrower. These are often presented by the lender as a generous concession on their part in order to give the borrower additional time to try to work its way out of the problem.