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Friday, November 1, 2013

Joe B Garza Talks Obama's Expansion of Affirmative Action

Investor’s Business Daily recently featured an article on how the Obama administration is expanding affirmation action without using the legislative process. The Department of Labor has advised FDIC-insured banks to implement affirmative action programs. The Department of Housing and Urban Development (HUD) is taking legal action against Westchester, New York and other suburbs to force them to accept the construction of low-income housing. HUD objects to landlords who refuse to rent to tenants who rely on subsidies under the federal government’s Section 8 housing program. The Equal Employment Opportunity Commission (EEOC) has warned businesses that automatically disqualifying job applicants on the basis of arrest and/or conviction history may prompt a lawsuit because certain racial groups are overrepresented among the convicted. The Obama administration is targeting auto lender and home lenders such as Wells Fargo who make high-interest loans to minorities. Under the legal theory of disparate impact, a lender who charges applicants of a racial group a higher average rate than members of another group faces a potential lawsuit. Even if there is a rational, racially-neutral explanation for the discrepancy- such as the applicants’ respective credit scores- the lender is essentially presumed guilty until it offers rebutting evidence.

Even the field of education is not safe; the Justice Department is suing Louisiana to block a state law promoting school vouchers on the ground that it would exacerbate segregation patterns in schools. In addition, the Education Department is investigating schools that discipline a disproportionately high number of black students. Rather than fight the presumption of guilt, many schools and businesses will tailor their policies to avoid a confrontation with the activist Obama administration. Such changes can include making fewer loans, hiring fewer employees, and relaxing discipline in schools. These changes will have adverse effects, of course, but the effects are likely to be diffuse and thus are unlikely to attract the attention they deserve.

(A) More by Joe Garza (B) More on Tax News and Politics

Monday, October 7, 2013

The Rise of Parallel Entrepreneurship

Parallel entrepreneurship is an emerging trend in Silicon Valley. Entrepreneurs who are former workers in venture capital or who are affiliated with venture capital funds are especially likely to find parallel entrepreneurship a good fit. A parallel entrepreneur is one who oversees the startup of several companies at once. Because entrepreneurs are people with the rare skillset of setting a company’s vision and getting it off ground, it makes sense for them to focus on this skillset and to delegate the more mundane, ancillary tasks of a startup to subordinates or employees. Given how long it can take even a well-run company to start growing, an entrepreneur risks wasting his or her unique skills by focusing entirely on one company. Parallel entrepreneurship offers another key advantage; any advancement by one company (such as a new software program) can be used immediately by the other companies in the portfolio.

Once the entrepreneur’s batch of companies is up and running, he or she focuses on a new batch. Unsurprisingly, some parallel entrepreneurs prefer the phrase “company builder.” The company builders’ ties to venture capital are helpful because they allow them to get the funding necessary to grow a company quickly. While the process of building a company can still take years, secure financing relieves the company builders of typical startup worries and frees them up to do what they do best.

Not all businessmen are fans of parallel entrepreneurship. In the eyes of critics, parallel entrepreneurship dilutes the focus of a business leader during the crucial early years of a company. Whether parallel entrepreneurship is the proper route brings to mind debates from decades ago in corporate America between those who favored the conglomerate business model and those who advocated a “fit and focus” for companies. Which approach is correct depends on the circumstances; the entrepreneur’s personality, the business sector he or she is in, the competition, available financing, etc.

Joe B. Garza talks Asset Protection

Monday, August 26, 2013

Spitzer Leads NYC Comptroller Race, but Questions Persist

In a July 8, 2013 editorial, the Wall Street Journal questioned whether Eliot Spitzer was a fit candidate for New York City Comptroller. Spitzer famously resigned as governor of New York in 2008 after his use of an escort service became public knowledge, but the editorial focuses largely on his actions while he was New York Attorney General (AG). While serving as AG, Spitzer cultivated an image as a person who would take on the powerful Wall Street interests. But critics allege that he acted inappropriately in wielding his power. For example, John Whitehead, a former chairman of Goldman Sachs, stated that Spitzer threatened him after Whitehead wrote an editorial in favor of Hank Greenberg, a then-CEO of American International Group (AIG) and a Spitzer target. According to Whitehead, Spitzer told him “You will pay the price. This is only the beginning and you will pay dearly for what you have done.

In 2005, Thomas Donahue, then-president of the U.S. Chamber of Commerce, blasted Spitzer’s methods: “Spitzer's approach is to walk in and say, 'we're going to make a deal, and you're going to pay $600 million to the state, and you're going to get rid of this person and that person, and if you don't do it by tonight, we're going to indict the company’...It is the most egregious and unacceptable form of intimidation we've seen in this country in modern times."

Despite valid concerns about Spitzer, his political comeback appears to be on sound footing. As of August 14, 2013, he held a 19-point lead among likely Democratic voters in the September 10th primary.

More News: Joe B. Garza

Wednesday, August 14, 2013

U.S., Cayman Islands Reach Agreement to Stem Tax Evasion



According recent news reports, the Cayman Islands – long heralded by the wealthy for its liberal and lucrative tax havens – has reached a binding agreement with the United States government, in efforts to implement a tax evasion law and address an issue that has long marred relations between the two countries. The issue being addressed is coordination with the island nation to adhere to the Foreign Account Tax Compliance Act (FATCA), a law implemented and created in 2010, and one that goes into effect in 2014.

Officials familiar with the scenario have stated that the nations have reached an agreement called an Inter Government Agreement (IGA) that will remedy this situation and streamline the implementation of this law in 2014.

According to Robert Stack, the U.S. Treasury Department’s deputy assistant secretary for international tax affairs, the IGA agreement will effectively "provide certainty to Cayman's significant fund industry with respect to FATCA implementation.”

The FATCA Act is a law designed to help prevent tax evasions in low tax or no tax countries, which are often used as illegal offshore tax havens by the wealthy. The agreement will mandate that financial institutions abroad inform the Internal Revenue Service of any accounts being held that have a balance which exceeds $50,000 U.S. This act is a direct result of the rampant scandal that was uncovered in the Swiss banking system, which led to its creation.

The Cayman Islands remains a popular destination for offshore funds hording, mostly due to the fact that there is no income tax in this nation and the banking system has consistently appeased to the wealthy. In 2008, President Obama labeled this island nation as a “tax haven” for the wealthy (who were trying to hide their money abroad to evade income taxes). With such a deal in place, wealthy citizens and companies will no longer be able to veil their assets in these offshore holdings.

The U.S. government hopes that the pact will encourage other low tax or no tax nations – such as Luxembourg, Bermuda and the British Virgin Islands – to follow suit and sign on board. Most recently, Ireland and Switzerland have agreed to this FATCA pact. The federal government is currently entertaining the notion to a slew of other popular offshore tax havens in efforts to crack down on income tax evasion.

Texas Lawyer Joe Garza (B) enjoys covering and writing about current tax news when he is not busy practicing asset protection and estate planning law. As a prominent tax attorney with more than three decades of practice, Garza possesses a natural infatuation with tax related news.

Thursday, July 11, 2013

Texas Lawyer Joe B Garza Explains Why Attorneys in Texas Have to Get Texas State Bar Association Certified



If you are wondering why Attorneys in Texas have to get Texas State Bar Association Certified before starting their legal practice, then you are not the only one who has this question because so many other people also ask this question from their friends, but only very few of them know the exact answer of this question. The simple and straightforward answer of this question is that law that is applicable in Texas is bit different from rest of the nation, and an attorney must need to understand that law along with federal law, and that's why Attorneys in Texas have to get Texas State Bar Association Certified. Hopefully this article by Texas Lawyer Joe B Garza can help you better understand the importance of a TBA.org mandate on legal practitioners.

The TBA.org certification is that local law does not want to have any kind of violation of its local rules and law by an attorney and it want to make sure that all the attorneys who do practice in Texas have higher value and ethics. Attorneys in Texas are required to gain the Texas State Bar Association Certified by passing an exam conducted by Texas State Bar Council.

This certification not only talks about the law, but it also encourage a lawyer to provide free services to low income people. However, this is not a mandatory service by law, but the state bar association tries to ensure that everyone has access to affordable legal services. Some ethics imply that lawyers provide a few hours of community services for low income people, but this is optional, not mandatory.

The Texas State Bar Association was formed by attorneys in year 1882. At that time, it was formed with one simple ethic that is still the main motive of Texas State Bar Association. That time attorneys founded this association with high ethics and they believed that every lawyer or attorney is an officer of justice and court, and that it is responsibly of every lawyer that the public should have imbibed faith on justice and judicial system.

Until 1939, it was a voluntary organization. However, in year 1939 the rules changed, and after the legalization bill passed, it became mandatory for every attorney become an approved registrant of Texas State Bar Association.

In case if you are curious as to how the certification process works, you can read more helpful articles on getting your TBA.org certified by Texas Lawyer Joe B Garza Here.

Joe Garza Attorney


Friday, June 14, 2013

Joe B Garza Offers Insight on How to Become Certified by the Texas State Bar Association



In order to become a certified and practicing lawyer in Texas it is mandatory that you be certified by the Texas State Bar Association. This is the body mandated with the task of regulating the legal profession in Texas to ensure that there is order. Becoming accepted and certified by the Texas State Bar Association is not a hard task as long as you have all the necessary information on how to go about it. However, armed with the necessary information, you will be able to make it to the bar with ease. There are four basic steps that you need to follow for you to be a certified lawyer in Texas. The steps are as listed below, a definitive guide by attorney Joe B Garza on joining the Texas State Bar Asssociation.

1. Graduation: This is the part in which you choose a particular subject in which you can major. You are required to attain high grades in your final exam. It is however recommended that if you want to pursue law you need to choose subjects that will come in handy in your career as a lawyer. Such subjects include public speaking, communications as well as criminal justice. Such subjects will prepare you adequately for the challenges that you may face to become an accomplished and articulate lawyer in Texas.

2. Application for Law School: After successfully graduating, you can go ahead and make an application seeking to join a law school of your choice. It is however important to ensure that the law school you apply to is recognized by the Texas State Bar Association so as to be sure that you will be admitted to the bar upon successfully completing your studies from the school.

3. Apply For and Sit the Law School Admission Test (LSAT): Upon successful completion of your law course from law school you can apply to take the LSAT. This is basically a test that is meant to ascertain that you had a good grasp of what you studied in law school.

4. License Application: This is the final step that you have to take for you to become a lawyer in Texas. it is however important to ensure that you provide all the necessary details as may be required of you. The information you provide needs to be accurate and as truthful as possible. This is due to the fact that your application for a licence may be rejected by the council upon the realization that the information as provided by you is false. Upon providing all the information as required, the council will issue you with a licence to practice law in the state of Texas.

The Texas State Bar Association is known to be very strict in licensing lawyers. It is therefore important for you to be at your best in every thing you do that concern's becoming a lawyer. Following the simple steps as outlined above will go a long way in ensuring that you achieve your goal of becoming an established lawyer in Texas. You do not have to struggle a lot wondering what to do for you to become certified by the Texas State Bar Association to be able to practice law in Texas.

Thursday, May 30, 2013

Lawyer Joe Garza Outlines How to become certified by the Texas State Bar Association


If you have been planning to become certified by the Texas State Bar Association, here are some things to help you with the process. There are several things that need to be done.

1. You should complete the State Bar Approved Training Course for the guardianship. There are several classes, self study tapes and DVDs available online for that.
2. Next step is to get the appropriate affidavit after your approved training is complete. You can download it in pdf format.
3. Notarization of the affidavit is also needed.
4. Mail the notarized affidavit and there is a processing fee of $25 which goes to the MLCE department.
5. You will then be added to the database of lawyers and get an authorized certificate.

The steps are simple and easy to do and should not take too long. 

You can also learn more about How to become certified by the Texas State Bar Association by checking out articles here:
http://www.joebgarza.net/2013/05/simple-tips-to-become-tba-texas-lawyer.html

Tuesday, May 21, 2013

How a TBA lawyer like Attorney Joe B. Garza will assist you to get a better compensation in a car accident case




TBA lawyers will always meet with someone, who contains a proper claim of personal injury. If a car accident happens, it can be frightening and it is the result of someone's negligence. TBA car accident attorneys may be able to assist get better monetary compensation for damages incurred. It is also essential that the negligent person be responsible for lost salaries, medical expenses and to some amount of suffering and pain for the injured individual. The initial consultation with these lawyers is free. Prior getting one to deal the case, it is necessary to choose the right TBA attorney to deal the case. The internet and telephone book are excellent references for the people who are looking to get efficient lawyer. Use these tips and make sure to read more articles by TBA.org Attorney Joe B. Garza to make the most of a bad situation.

It is not good to choose a lawyer at random, but instead meet with many various attorneys in TBA to get ideas about them. After making careful analysis, a customer must then be ready and able to take an informed decision. When an accident happens, it is highly essential that the parties involved stay at the picture till the police are called and come to interview every individual involved. After the interviewed are held, the officer will make a report and photograph the damage incurred. It will possibly be needed by the car accident attorneys in the research to know about reasonable compensation. After any car accident, immediately the injured parties must contact a medical professional. If the injury is clear, anyone can easily detect the injuries.

Many injuries are not evident, for this reason, it is essential to get a medical advice to make sure that there are no any hidden conditions that may create future pain. The physician will make a report that will be needed by the car accident attorneys prior they may proceed. After you have chosen a lawyer in Texas for your car accident case, this professional will start by ensuring that the injury claim is filed perfectly and in the timely manner. In most of the areas, there are certain deadlines in which the injured person may file a suit for personal injury. If it is not filed within the specified period of the time, an opportunity for compensation may be lost. Texas lawyers know this information that is why it is necessary to get legal suggestion quickly after the car accident occurs.

TBA lawyer will start negotiating a settlement; there will be number of telephone calls and letters, give to both the parties. After the settlement is reached, these lawyers will minus their commission and offer the customer with the share of the settlement. Rarely may it not be settled and go to trial. A trial is an expensive and lengthy process, most of the cases settled outside the court. But there are some cases that require proceeding with a trial. Only a legal expert will help you in the legal process to get a better compensation. TBA lawyers must guide their customers about the possibilities prior and at the time of negotiation and trial process.

Tuesday, May 14, 2013

Texas Lawyer Joe B Garza Offers Tips on How to Join Texas bar Association?





Recently, Texas has become the newest legal hotspots in the United States of America. Texas bar association is a reputed judicial agency that comes under the control of the Texas supreme court. The main duty of the Texas bar association is to check whether all the lawyers are legally licensed to practice law in Texas. Most of you who are all interested in making a career towards lawyer or attorney might be interested to know how to join the tax bar association to become a licensed professional lawyer for dealing cases. Here in this article we will help you to know "How to join Texas bar association" with these tips by Texas Lawyer Joe B Garza.

How to Join Texas bar Association?

If you need to join the Texas bar association, then you need to be following the below the steps. These below steps will be very much useful for all the lawyers who need to join the Texas bar association.

Step 1: Graduate from Law schools

To become a member in the Texas bar association, you must graduate from the law schools approved by the Texas bar association. To graduate from approved law schools in Texas, you must have a bachelor's degree.

Step 2: Take up Texas law school admission test

In order to become the member or join the Texas bar association, you need to pass the Law school admission test or LSAT. Without passing this test, you cannot get admission to any legally approved law schools by the Texas bar association. The law school admission test is conducted every year in the month of June, September or October, December and February. To take up this test you need to apply for LSAT in the law school admission website. You can either apply online or offline. Based upon the LSAT score you get, you may get the admission to Law schools.

Step 3 Texas bar association exam

After getting graduated from the legally approved law schools with your J.D.degree and if you're a United State citizen or a legal resident alien in the United states , then you may apply for the Texas bar association exams. This exam is usually conducted in the late February, July or august every year.

Step 5 Get approved in your legal special areas

To get legally certified in your legal special areas, you need to be certified by the governing board of the supreme court of Texas. For example if you need to be a legal specialized lawyer in Criminal area, then you need to have legal specialty certification in criminal areas.

Follow the above test to become a certified and professional approved Lawyer in Texas.