5. Russell Updike

Mr. Russell Wayne Updike, Member

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Russell Updike Lawyer

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Employment, Accident & Injury, General Practice


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Update Date: 2019-07-16

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Change History

Change Date Change Field Previous Content
2019-08-09Phone540-962-4986
2019-08-09Firm NameWilson, Updike & Nicely
2016-10-19Address228 N. Maple Avenue Covington VA 24426 US
2019-08-09Address228 North Maple Avenue P.O. Drawer 590 Covington VA 24426 US
Russell Wayne Updike

P.O. Drawer 510
Covington, VA 24426
37.77853,-80.049724

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P.O. Drawer 510
Covington, VA 24426

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SAMPLE LEGAL CASES

The Ups and Downs of the Program for Voluntarily Reclassifying Your Workers
Whether a worker is properly classified as an employee or as an independent contractor depends upon the facts and circumstances. Generally, the determination is made under common law tests considering the right to control and direct the individual performing services. However, in some factual situations, the determination of the proper worker classification status may not be clear.
The IRS Says I Owe More Tax and We Couldn’t Reach an Agreement. Now What?
When a taxpayer receives a notice from the IRS proposing an additional assessment of tax, the taxpayer can often work administratively with the IRS to resolve the dispute. However, many times, the taxpayer and IRS are not able to come to an agreement. In those instances, there are four different forums which can be utilized to litigate a Federal civil tax case: the United States Tax Court, United States District Courts, the United States Court of Federal Claims, and United States Bankruptcy Courts.
QBI Guidance Issued; Safe Harbor Provided for Real Estate Enterprises
As we detailed in Section 199A: New 20% Pass-Through Deduction1, the Tax Cuts and Jobs Act of 2017 created new Internal Revenue Code §199A-providing a significant tax break to flow-through entities and structures. Subject to certain limitations, many eligible taxpayers (excluding C corporations) may deduct up to 20% of the “qualified business income” (QBI). Significantly, even qualified real estate businesses may benefit from the deduction.2