By Ezra Dyckman and Charles S. Nelson | June 27, 2023
In their Real Estate Financing column, Ezra Dyckman and Charles Nelson discuss the recent case, 'ES NPA Holding, LLC v. Commissioner,' where the Tax Court interpreted Revenue Procedure 93-27 favorably. The case showed that taxpayers receiving partnership profits interests should be careful to ensure that they have satisfied all requirements of the revenue procedure.
By Ellen Bardash | June 22, 2023
Biden's defense counsel Christopher Clark is no stranger to high profile litigation: he's defended both Elon Musk and Mark Cuban in SEC actions. His client is set to plead guilty in July.
Daily Business Review | Commentary
By Rafael Gregorin, Gian Carlo Evaso, Juan Pablo Menna, Jorge Salazar-Cebrian and Cristián Bonacic | June 22, 2023
Although the local rules are different and the settlements in the region do not always take into consideration the specifics of each taxpayer, it is possible to negotiate with tax authorities in Latin America. Below we comment on the main aspects of the trend in key jurisdictions such as Brazil, Argentina, Chile and Mexico.
New York Law Journal | Analysis
By Sidney Kess | June 21, 2023
With the normal retirement age for Social Security now capped at 67, many individuals may be concerned about outliving their income. This is especially so given the high cost of health care over and above what Medicare provides. Fortunately, tax laws provide some ways to address the concerns of living to old age.
By Andrew Maloney | June 20, 2023
Sam Kamyans, who has joined Kirkland's D.C. office, said the recent merger talks between Allen & Overy and Shearman had "no impact" on his move.
The Legal Intelligencer | News
By Amanda O'Brien | June 16, 2023
The cuts to the city's business income and receipts tax and wage tax are minor, but they suggest political leaders recognize the need to present a more business-friendly environment.
By Marianna Wharry | June 15, 2023
"Because of the past mismanagement of Washington's Employment Security Department and the widespread confusion that was caused by new programs implemented in response to the COVID-19 financial crisis, this decision potentially effects tens of thousands of people in our state," said Weisman's attorney Timothy Ford. "It allows ESD to seize property without any kind of judicial process or court order whenever it decides that a person has been overpaid unemployment benefits—even if the overpayment was not their fault but ESD's. It does this by interpreting the words of a federal statute to mean something completely different from what the US Supreme Court has said they mean."
By David E. Kahen and Elliot Pisem | June 14, 2023
A discussion of the recent Tax Court case, Gage v. Commissioner, which addressed (1) the year in which a payment in settlement of claims made against the taxpayers by the federal government was considered to have been made for tax purposes, and (2) whether it was reasonable for the taxpayers to believe that the payment was not a "fine or similar penalty" nondeductible under IRC section 162(f).
The Legal Intelligencer | News
By Amanda O'Brien | June 8, 2023
Trusts and estates partner Kristen Behrens will join litigation partner Patrick Northen, who has been in the role for the past five years.
New York Law Journal | Analysis
By Joseph Lipari and Aaron S. Gaynor | June 6, 2023
Under an amendment recently signed into law, a whistleblower may now bring a case against an individual or entity which allegedly concealed or avoided and obligation to pay tax, regardless of whether a return or any other statement was filed.
Presented by BigVoodoo
Consulting Magazine identifies the best firms to work for in the consulting profession.
Join General Counsel and Senior Legal Leaders at the Premier Forum Designed For and by General Counsel from Fortune 1000 Companies
Women, Influence & Power in Law Awards honors women lawyers who have made a remarkable difference in the legal profession.
Litigation defense commercial casualty/complex catastrophic cases. Flexible schedule with work in Philadelphia, Conshohocken, and/or remot...
Our close client, an electric cooperative, is seeking to hire a Vice President General Counsel to lead its legal function. Hired attorney ...
POSITION SUMMARY The United States District Court for the District of New Jersey is seeking a Temporary Law Clerk for the period December 16...