On March 17, 2020, Treasury Secretary Steve Mnuchin announced that the deadline to pay taxes due April 15, 2020, for certain taxpayers would be extended by ninety (90) days until July 15, 2020. On March 18, 2020, the IRS issued Notice 2020-17 that provided an extension until July 15, 2020, for certain individuals who owe
On March 17, 2020, Treasury Secretary Steve Mnuchin announced that the deadline to pay taxes due April 15, 2020, for certain taxpayers would be extended by ninety (90) days until July 15, 2020. On March 18, 2020, the IRS issued Notice 2020-17 that provided an extension until July 15, 2020, for individuals who owe up
Joining 28 other states, Kansas now has a pending bill that would allow college athletes at Kansas colleges and universities to be compensated for the use of their names, images, and likenesses (NILs) and their athletic reputation. Similar to the other pending bills and the law passed last year in California, Kansas’ bill (Senate Bill
Lawmakers in Missouri are still questioning potential conflicts of interest within the medical marijuana industry. Over 800 medical marijuana applicants were denied over the past month, and the Missouri House’s government started hosting hearings to inspect the medical marijuana program. The primary cause for the hearings is the issue among lawmakers, and conflicts of interest
States are continuing to introduce and move forward bills that would allow college athletes to profit from their names, images, and likenesses. Bills have now been formally introduced in 27 states, with Louisiana and Connecticut joining the list yesterday. In many of the states where bills have previously been introduced, legislators are having little trouble
Arizona, California, Delaware, Illinois, Maryland, Massachusetts and New York has now approved and made available a credit card specifically for cannabis purchases at involved locations called a CNC Card (Columbia National Credit) . Columbia Care Inc. put in motion the card successfully in New York, and has now been launched in the other states mentioned
Kennyhertz Perry attorney Ben Tompkins has been named chair of the Tax Law Committee for 2020. This committee considers the laws and procedures pertaining to federal, state and local taxation; promotes its fair and just administration; studies and reports upon proposed, necessary or desirable legislation; and promotes legal education to members of KCMBA and the
TechNewsWorld sources Perry for his regulatory and compliance knowledge regarding new technology research done at a Swedish University in Zurich. New developments show a method that embeds artificial DNA into an object. This new process is being called “DNA of Things“, or “DoT”, a storage architecture to create materials with immutable memory. “With the ability
The FTC announced today that it sent letters to multiple companies that sell CBD products, waring them that claims they made regarding CBD violate federal law. These “warning letters” state that it is illegal to advertise that a product can prevent, treat, or cure human disease without competent and reliable scientific evidence to support such
Kansas City Business Journal Leadership Trust is an Invitation-Only Community for Top Business Decision Makers in the Kansas City Area Westwood Hills, KS (June 28, 2019) — Braden Braden Perry, Partner of Kennyhertz Perry, LLC has been invited to join Kansas City Business Journal Leadership Trust, an exclusive community for influential business leaders, executives and
On May 2, 2019, the US Treasury Department’s Office of Foreign Assets Control (“OFAC”) published A Framework for OFAC Compliance Commitments, which identifies five essential components of an effective Risk-Based Sanctions Compliance Program. While companies are not legally required to implement a program, a failure to follow these principles increases the risks of sanctions violations
Kennyhertz Perry Attorney Braden Perry was recently featured in a Disruptor Daily article discussing benefits of Blockchain in the cannabis industry. Mr. Perry was one of six experts to discuss the emerging technology. “Most marijuana companies would benefit from some aspect of blockchain technology, from the supply of products, fair pricing, efficient supply and improved product
