DPS Legal Counsel
Helping health professionals and entrepreneurs navigate the business of healthcare and the business of business
DPS Legal Counsel protects the business, regulatory, contract, transactional, intellectual property, compliance, and tax interests of health practices and small businesses from initial formation through founder retirement and practice/business succession
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Recent Blog Posts
IRS Does its Job – Issues New 2013 Withholding Tables
The Senate worked into the night on the so-called "fiscal cliff." This morning, we learned that the Senate passed a bill that will make changes to tax rates, apparently keeping the existing tax rates in place for those with $400,000 or less of taxable income ($450,000...
Tax Court Provide Good News/Bad News for Customers of Debt Resolution Companies
On November 6, the U.S. Tax Court decided the case of Tran v. Commissioner. This case involved a taxpayer who had credit card debt and hired a debt resolution company to negotiate a reduction in his account balances with two credit card companies, U.S. Bank and Wells...
The Internal Revenue Code of 2013
Tax law consists of a lot of moving parts. You have case law coming out of a whole range of federal courts all the time on tax questions that make up a part of what we call "tax law." For example, the U.S. Supreme Court in the big Obamacare case earlier this year had...
Surprise–Obamacare is Unpopular
Politico is reporting that in a head to head matchup, Obamacare is more unpopular than Romneycare. Based on a recent poll, 32% of voters said they were less likely to vote for President Obama because of Obamacare while only 14% of voters said that they were less...
Gordon Gekko Becomes an “Untouchable”
Today's Wall Street Journal reports that the FBI has 120 persons targeted for violations of insider trading. And, in a blast from the past, the actor, Michael Douglas, who portrayed Gordon Gekko in the 1980's movie, Wall Street, is the new spokesman for the FBI. He...
Armour v. Indianapolis – Supreme Court Arguments Tomorrow
Tomorrow morning, the U.S. Supreme Court will hear oral arguments for an hour in a fascinating tax case that highlights the intersection of a local government's tax policy, the financing of public utilities, and the Equal Protection clause of the Constitution. The...
CMS Issues Proposed Rule Dealing with Stage 2 Requirements for EHR Incentive Payments
This past Thursday, February 23, the Centers for Medicare and Medicaid Services (CMS) issued a proposed rule for the Stage 2 requirements to qualify for the Medicare and Medicaid Electronic Health Records Incentive Payments that were part of the 2009 federal stimulus...
Tennessee Tort Reform Bill Would Add “Loser Pays” to Tennessee Law
A pair of Tennessee bills currently in committee in the state legislature would make a big change in how businesses in Tennessee deal with litigation if they eventually make their way out of committee and into law. Under the tandem bills of Senate Bill 2586 and House...
Life Insurance in an Estate Plan – The Bad News, the Good News, and the Better News
When it comes to setting up an estate plan, one should consider the important advantages that life insurance provides. However, it is also important to know about the limitations on life insurance, and some possible planning ideas to utilize life insurance in an...
Welcome to the Tennessee Business Law Blog
Welcome to DPS Legal Counsel's Tennessee Business Law Blog. Here, you will find recent developments and important points of law of interest to Tennessee business. Check back often. It is my hope that you will find much here to not only be interesting and educational...