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Court cases, judgements and ongoing coverage of tax topics with a legal perspective
By Jane Wester | December 1, 2022
Acting Supreme Court Justice Juan Merchan said he "took note" that defense lawyers made efforts to distance Trump from the case, so he said he would allow prosecutors to address the issue.
4 minute read
By Jane Wester | December 1, 2022
"The prosecutors have him by the balls," van der Veen told the jury, arguing that Weisselberg's testimony that he acted solely for himself is credible because "it isn't what the prosecutors want to hear."
4 minute read
By Jane Wester | December 1, 2022
During what turned out to be a half-hour break for the jury, a prosecutor said he had checked one of the transcripts of testimony that defense counsel was showing the jury and found that Acting Supreme Court Justice Juan Merchan had sustained an objection to the highlighted testimony.
4 minute read
By Andrew Seiken, Wing Wilson and Rafaela Vianna | November 30, 2022
The potential to obtain a full step-up in cost basis for trust assets regardless of which spouse predeceases creates significant opportunity for investors, owners of valuable real estate and those who have simply seen appreciation in marketable securities over time.
7 minute read
By Jim Saunders | November 30, 2022
Target Enterprise filed the lawsuit last December in a dispute that, at least in part, involved how income should be "apportioned" for tax purposes.
3 minute read
By Cheryl Miller | November 29, 2022
Scott Norris Johnson faces 18 months of home confinement for concealing income from his ADA lawsuit settlements.
3 minute read
By Jason Grant | November 29, 2022
"We agree with the [Attorney Grievance] Committee that respondent's guilty plea and sentence to the federal crime of willful failure to collect or pay over taxes made him no longer eligible for a resignation for non-disciplinary reasons," wrote the Appellate Division, First Department court.
5 minute read
By Suzanne DeWitt | November 29, 2022
The popularity of art as an asset class has been increased steadily over the years, and nothing is stopping that steady growth trend.
3 minute read
By Colleen Murphy | November 29, 2022
"In essence, Ohio said, by offering such a generous aid package during an economic crisis, the federal government left Ohio with 'no real choice' but to accept the funds," stated Judge John K. Bush. "And such coercion was especially egregious because of its intrusion upon Ohio's 'sovereign authority to set tax policy as it sees fit.'"
5 minute read
By Jane Wester | November 28, 2022
While Donald Bender appeared as a witness for the defense, Necheles and her colleagues emphasized that he met at length with attorneys in the DA's office.
4 minute read
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