What is Tax Avoidance and How to Avoid Paying More Taxes

What is Tax Avoidance and How to Avoid Paying More Taxes

by Legal Favor | Apr 9, 2022 | Tax Law

How many of you have heard the term tax avoidance before? Probably none, because it’s such an uncommon term that most people probably don’t even know what it means. But how many of you have heard the phrase tax loopholes? Most of you, right? Well, those are actually...
What Is Tax Evasion – What Happens If You Don’t Pay Your Taxes

What Is Tax Evasion – What Happens If You Don’t Pay Your Taxes

by Legal Favor | Apr 8, 2022 | Tax Law

Wondering what happens if you don’t pay your taxes? It’s important to understand that there are three types of tax evasion: Willful tax evasion means doing any of the following on purpose, not paying all the taxes you owe, or paying less than what you owe by lying on...
What is a SPAC and How Does it Differ from an IPO?

What is a SPAC and How Does it Differ from an IPO?

by Legal Favor | Apr 4, 2022 | Securities Law

A Special Purpose Acquisition Company (SPAC) is a company that raises money from investors to buy another company within an agreed-upon time period. IPOs and SPACs are similar in that they both offer investors shares of ownership in the newly formed corporation. They...
Special Purpose Acquisition Companies (SPACs) Litigation Landscape

Special Purpose Acquisition Companies (SPACs) Litigation Landscape

by Legal Favor | Apr 2, 2022 | Securities Law

A special purpose acquisition company (SPAC) can be thought of as an investment vehicle that allows companies to bypass the traditional initial public offering (IPO) process in order to raise capital. While this may seem like an attractive option, recent trends are...
What’s a Mass Tort and How Does it Differ from a Class Action Lawsuit?

What’s a Mass Tort and How Does it Differ from a Class Action Lawsuit?

by Legal Favor | Apr 1, 2022 | Lawsuit Information

Mass torts occur when numerous people who may not have been aware of each other’s injuries band together to file a single lawsuit and seek damages from the same party. This type of lawsuit typically involves dangerous products or large-scale negligence or malfeasance...
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