THE VALLEY CURRENT®️ COMPUTERLAW GROUP LLP Computer Law Group

Donald Trump’s taxes (and the tax code in general) have been a major source of controversy for years. Until now, inflating the value of your property to secure better loan agreements then later devaluing the same property has lurked in a gray area where this magnitude of asset manipulation has explicitly been labeled as illegal. By closing this loophole, the IRS expects to gain at least $5 billion per year in revenue through the next 10 years. Today host Jack Russo and CPA, Steve Rabin discuss this major crackdown on partnership basis loopholes and the consequences it will have on S-corporations in inherited trusts.
 
https://www.washingtonpost.com/business/2024/06/17/tax-basis-shifting-irs-partnerships/?utm_source=alert&utm_medium=email&utm_campaign=wp_news_alert_revere&location=alert 
 
Jack Russo
Managing Partner
Jrusso@computerlaw.com
www.computerlaw.com
https://www.linkedin.com/in/jackrusso
"Every Entrepreneur Imagines a Better World"®️
 

The future of Artificial Intelligence boils down to two possibilities: it’s either your average search engine that’s been overblown or it’s an amazing experiment already being leveraged at its infancy. More than likely the future will be fueled by augmented intelligence – meaning it needs human involvement supported by AI. Increased levels of intelligent automation will result in big shakeups for knowledge workers as new features roll out that will boost productivity and remove factors such as human error, biases, and emotional reactions. Today Jack Russo heads over to Latte With a Lawyer to discuss how AI will be applied to things like jury selection and more.
Encore Edition
 
Jack Russo
Managing Partner
Jrusso@computerlaw.com
www.computerlaw.com
https://www.linkedin.com/in/jackrusso
"Every Entrepreneur Imagines a Better World"®️
 

 A college degree is no longer a guarantee you’ll land a rewarding, high-paying job. This is what happened in Laos to Phengta Fachalem, whose family sacrificed the farm to get her educated only to find out that her pharmacology degree wouldn’t earn her enough to support herself. Not willing to let her degree go to waste, Pheng is teaming up with Don Elan to create and fund her own pharmacy in her province. Host Jack Russo and Don Elan discuss the urgent need for American micro investors to change the trajectory of an entire community in Laos.
 
Want to support Pheng and the people in Laos? Get in touch with her at Phengtaphajaleun2@gmail.com 
 
Jack Russo
Managing Partner
Jrusso@computerlaw.com
www.computerlaw.com
https://www.linkedin.com/in/jackrusso
"Every Entrepreneur Imagines a Better World"®️
 

As we go through life, the people we meet imprint themselves onto us in unexpected ways. Whether these people were parents who created a chaotic childhood, medical personnel who provided you with support in times of crisis, or someone who was simply kind to you when they didn’t have to be, these people shaped the way we think and learn. Exchanging negative thoughts for positive self-affirmation affects the way we look at the world and plays an incredibly important role in shaping our future chances of success. Money, power and position are the three general markers of success, but do they really provide us with everything we need? Host Jack Russo and Dr James Doty discuss James’s new book Mind Magic which focuses on the science of manifestation and how it can be used to lead a better, kinder life.
 
https://bookshop.org/p/books/mind-magic-the-neuroscience-of-manifestation-and-how-it-changes-everything-james-r-doty/20583075?ean=9780593541142
 
Jack Russo
Managing Partner
Jrusso@computerlaw.com
www.computerlaw.com
https://www.linkedin.com/in/jackrusso
"Every Entrepreneur Imagines a Better World"®️
 

The biggest barrier to change has always been culture. When personal computers were new to the workplace, many employees stuffed their computer into a corner and treated it as furniture or viewed it as something for just the secretary to work with. Now it’s difficult to think of a job that doesn’t require any use of a computer. We’ve come a long way since then, but that just goes to show you that transformation rarely goes well in the workplace. In fact, most businesses are probably 50-75 years behind the times due to resisting change! The addition of AI is currently the biggest disruptor of company culture due to the massive number of layoffs affecting mostly white-collar jobs. Managers now need a little guidance on how to handle changing attitudes in the workplace. Today host Jack Russo and David White discuss the broader view of the workplace changing under AI.
 
https://www.culture-logics.com/
 
Jack Russo
Managing Partner
Jrusso@computerlaw.com
www.computerlaw.com
https://www.linkedin.com/in/jackrusso
"Every Entrepreneur Imagines a Better World"®️
 

Could the Titanic have avoided the fatal iceberg and completed its maiden voyage? It possibly could have been avoided if Bruce Ismay (White Star Line chairman & managing director) hadn’t ignored Captain Smith’s warnings until it was too late. Situations like this are typically why capital and management are separated in an enterprise. So, what does this have to do with Donald Trump? When Ismay stood trial in both London and New York, he didn’t have much to say outside of a why me attitude while he shifted the blame. Today host Jack Russo and Francis Wilson discuss the similar no-remorse demeanors of Bruce Ismay and Donald Trump when they stand trial.
 
https://howtoacademy.com/events/how-to-write-a-life-story-a-five-night-retreat-in-trasierra-spain/
How to Survive the Titanic or the Sinking of J. Bruce Ismay
https://www.tripadvisor.co.uk/Hotel_Review-g644308-d338339-Reviews-Trasierra-Cazalla_de_la_Sierra_Province_of_Seville_Andalucia.html 
 
Jack Russo
Managing Partner
Jrusso@computerlaw.com
www.computerlaw.com
https://www.linkedin.com/in/jackrusso
"Every Entrepreneur Imagines a Better World"®️