Don’t forget you can visit MyAlerts to manage your alerts at any time.
Court cases, judgements and ongoing coverage of tax topics with a legal perspective
By Stan Soocher | October 31, 2022
State tax credits are valuable tools for helping meet the costs of producing films, TV shows, commercials, and other media and entertainment productions. But if more than one production company is involved with a project, a legal dispute can arise over which company owns the right to the tax credit funds.
5 minute read
By Sidney Kess | October 28, 2022
Relying on per diem rates simplifies tax records. The paperwork for business travel are not submitted with tax returns; they are retained with tax records. Retention of the paperwork is essential in case the IRS challenges deductions for business travel.
6 minute read
By Emily Cousins | October 26, 2022
"Broadly speaking, I thought Justice Ecker's concerns potentially open the door to a little more looking at how we describe what's ambiguous and what's not, to really wrestle with that a lot more," plaintiff's attorney Brenden P. Leydon said.
4 minute read
By Colleen Murphy | October 26, 2022
A Florida appeals court reversed a trial court's dismissal of a lawsuit against Morgan, Lewis & Bockius that accuses the Am Law 50 firm of aiding and abetting both fraud and breach of fiduciary duty, and engaging in civil conspiracy.
6 minute read
By Ezra Dyckman and Charles S. Nelson | October 25, 2022
On Aug. 16, President Joe Biden into law the "Inflation Reduction Act," which, among other things, extended the limitation on the deduction of certain business losses from Jan. 1, 2027 to Jan. 1, 2029. The authors believe that this extension provision, although not highly publicized, could have a significant effect on businesses that have tax losses, including rental real estate businesses.
4 minute read
By Aleeza Furman | October 21, 2022
The case established any citizen could challenge a government's tax increase so long as it was illegally obtained or unnecessary, according to Arthur Wolk, founding partner of the Wolk Law Firm, who represented the taxpayers.
3 minute read
By Jane Wester | October 21, 2022
Jury selection in largely Democratic Manhattan will pose a challenge for the defense team.
5 minute read
By Conrad Teitell | October 21, 2022
In his Estate Planning and Philanthropy column, Conrad Teitell discusses the recent case of Patricia and Kevin Keefer, whose charitable contribution was disallowed by the IRS. The case is a good example of how careful you need to be with charitable contributions.
6 minute read
By David E. Kahen | October 19, 2022
The 'Belmont Properties' decision is an important reminder that the consistency rule may not be applicable where, for example, the government has been informed of the relevant facts and accepted the taxpayer's erroneous treatment without challenge in an earlier audit, in the context of a mutual mistake of law.
9 minute read
By Bruce Love | October 10, 2022
Brown Rudnick, ranked 146 in the Am Law 200, has made a number of management changes recently, as part of a succession management plan designed to empower its next generation of leaders.
2 minute read
Presented by BigVoodoo
The Daily Report is honoring those attorneys and judges who have made a remarkable difference in the legal profession.
Consulting Magazine identifies consultants that have the biggest impact on their clients, firms and the profession.
The National Law Journal Elite Trial Lawyers recognizes U.S.-based law firms performing exemplary work on behalf of plaintiffs.
Widener University is currently seeking an Assistant Dean for Career Development at the Delaware Law School. Reporting to the Dean of the L...
June-August 2024 Environmental and Land Use - Associate Attorney (1-3 years) Adams Broadwell Joseph & Cardozo is acc...
Our client, a highly regarded boutique firm with a strong real estate practice, is seeking an associate with 3 or more years of experience i...