Navigating the Scope of High-Income Taxpayer Rules
In his Tax Tips column, Sidney Kess, CPA-attorney and of counsel at Kostelanetz & Fink, writes that, unfortunately, for high-income taxpayers, the federal tax burden is growing in a number of ways starting in 2013, and, to make things more confusing, the definition of who is a high-income taxpayer varies from rule to rule.Moving Toward Equitable Mortgage Tax Collection
Sullivan & Worcester's Hugh P. Finnegan and Cyril M. Derzie write that the momentum of the mortgage refinance boom that we are experiencing after the recent real estate crash provides a reminder of the inequity and inefficiency of the current mortgage tax regime, and ideally, an impetus for the New York State Assembly's Ways and Means Committee to finally bring the Mortgage Tax Reform Bill to a vote.Applying Collateral Estoppel in Attorney Discipline Cases
Jeff Henle, principal attorney at Jeff Henle, P.C., writes: It is remarkable that in attorney discipline cases, if the attorney was previously found guilty of wrongdoing before a judge or panel, the Appellate Division determines what, if any, punishment is to be dispensed without the benefit of witness testimony or oral argument.Protecting Judges Remains Top Priority For the OCA
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