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Increased IRS Enforcement Helped Chamberlain Hrdlicka Grow Revenues, Profits in 2023
The Southeast being "kind of the epicenter of IRS enforcement" involving conservation easement disputes in 2023 was the main driver of increased profits, the managing shareholder said.
Considerations in Conducting Tax Due Diligence in Business Acquisitions
Details of diligence engagements vary depending on the size and complexity of the target business, transaction budget, and the sophistication of accountants and other advisers, but they are usually intricate and time-sensitive. Errors can result in substantial tax liability and exposure. This article focuses on federal income tax aspects of tax due diligence from the perspective of purchasers' attorneys.
From Prohibition to Profit: The Potential Tax Benefits of Legalizing Marijuana
If Pennsylvania legalizes and taxes medical marijuana, what are its options? Shapiro proposed a 20% tax on the wholesale price of cannabis. The states that have legalized and are taxing marijuana have taken varied approaches, yet they fall into three general categories of excise taxes: percentage-of-price taxes; weight-based taxes; and potency-based taxes.
Winston, Vinson & Elkins, Chamberlain Hrdlicka Hire Partners in Hot Practices
Winston & Strawn and Vinson & Elkins hire partners working in energy and infrastructure, while Chamberlain, Hrdlicka, White, Williams & Aughtry hired a former Internal Revenue Service commissioner.Tax Treatment of Partnership and Their Partners—Are Rough Times Ahead?
Now is a good time for partnerships and their partners to take steps to mitigate the potential consequences of the audit changes, and to anticipate potential legislative developments.
Law Journal Press | Digital Book
New Jersey Tax Handbook 2024
Authors: Robert F. Connolly, MST, Susan K. Dromsky-Reed, Jeffrey D. Gordon, Tiffany Wagner Donio, Frances B. Stella, Alysse Mcloughlin, Kathleen Quinn
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On the Move: Law Firms Elect New Partners in Atlanta, Add New Georgia Offices
"We look at it in a three-year cycle in that we were averaging over eight new partners a year which is indicative of a growing client base and growing client demand," said Morris Manning's leader.
Litigators of the Week: A Bankruptcy Win for Sandy Hook Families Against Alex Jones
Lawyers for families of those killed in the 2012 school shooting won rulings finding that litigation debts Jones accrued through "willful and malicious injury" to their clients cannot be discharged through bankruptcy.
More Than A Dozen Homegrown Texas Law Firms Earned Mansfield Certification This Year
Thirteen Texas-founded law firms recently earned Mansfield Certification for 2023 or Midsize Mansfield Certification in a Diversity Lab program that measures leadership and advancement opportunities for historically underrepresented groups.
IRS Announces Employee Retention Credit (ERC) Moratorium and Settlement Initiatives
Although the ERC was designed to put money into the pockets of businesses experiencing disruptions during the COVID-19 pandemic, it also created a cottage industry of ERC advisers competing for those businesses as clients.
New Partner Training Is a Key Component of Law Firm Success
Training new partners helps them develop the necessary skills to become successful attorneys and eventually leaders in their firms. This investment demonstrates the commitment the firm has to the young partner which will reduce attrition and enhance engagement.TRENDING STORIES
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