Daily Business Review | Commentary
By Marvin Kirsner | December 2, 2019
Many real estate investors hoping for clarity on whether they will be eligible for the tax break for pass-through entities under the Tax Cuts and Jobs Act (TCJA) will be disappointed that guidance from the Internal Revenue Service (IRS) will not help much for projects leased on a triple-net basis.
Daily Business Review | Analysis
By Dylan Jackson | November 22, 2019
The Trump administration's tax law provided the catalyst for more of the very rich to transfer their permanent residence from high-tax states like New York to states known for their lower tax burden — like Florida.
By Marcia Coyle | November 18, 2019
The Supreme Court on Monday put on hold enforcement of a U.S. House subpoena for Trump financial records. The court could decide as early as Thursday whether—and when—to hear Trump's arguments for keeping his tax return information secret.
Daily Business Review | News|Profile
By Raychel Lean | November 15, 2019
Miami attorney Michael Kosnitzky represents hedge fund managers, Silicon Valley tech experts, Russian oligarchs, casino and cruise line operators, Hollywood producers and members of families that have been rich for centuries. And yes, there are perks.
By Jack Newsham | September 26, 2019
Weil has sought to withdraw as counsel for financial services firm Perella Weinberg Partners after a newspaper report said Weil partners had concluded they risked being sued for malpractice over the advice they gave Perella.
By ALM Staff | September 9, 2019
From banking issues to intellectual property to weed in the workplace—Higher Law delivers news and analysis that helps lawyers make smart business decisions and provide sound advice.
Daily Business Review | Commentary
By Marvin Kirsner | August 12, 2019
Many blame rising home prices, construction and land costs, and a lack of inventory, but a large part of the reason for this disconnect between home sales and the economy may be due to changes in the 2017 Tax Cuts and Jobs Act (TCJA) that either reduced or eliminated the tax advantage of purchasing a house rather than renting one.
New York Law Journal | Analysis
By Daniel A. Kaskel | July 10, 2019
Make the move to Florida more appealing and less appealable.
Daily Business Review | Commentary
By Marvin A. Kirsner | July 8, 2019
The tax bill signed into law by Florida Gov. Ronald DeSantis includes a slight reduction on the sales tax rate for commercial leases, but the bill is more notable for what it did not include—a law that would have required online retailers and marketplace sellers to collect tax on sales to Florida residents, even if the seller does not have a physical presence in Florida.
By Mike Scarcella | July 2, 2019
"Defendants have mounted an extraordinary attack on the authority of Congress to obtain information needed to conduct oversight of Treasury," U.S. House lawyers said in the complaint.
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