The American Lawyer | Analysis
By Meredith Hobbs | December 30, 2020
"The outlook for tax is busy," says David Schnabel, the head of Davis Polk & Wardwell's tax practice, in part because changes from the 2017 tax cuts are still being digested. A new administration will only bolster demand.
The American Lawyer | Analysis
By Dan Roe | December 28, 2020
As courts reopen and providers return to normal operations, there will be deals to close for the pandemic's winners and losers.
New York Law Journal | Analysis
By Elisa Shevlin Rizzo and John Voltaggio | December 28, 2020
Real estate remains an important investment for many individuals, even during the current pandemic.
New York Law Journal | Analysis
By Conrad Teitell | December 23, 2020
In his Estate Planning and Philanthropy column, Conrad Teitell provides some last minute reminders and pointers: on the non-itemizer charitable deduction; the 100% AGI ceiling for an itemizer's cash gifts; and how to advantageously postpone direct IRA transfers to charity until early 2021.
Daily Business Review | Commentary
By Stanley Foodman | December 22, 2020
Given that the Biden administration could implement tax reform and that there is still a possibility of additional COVID-19 legislation, taxpayers may want to consider these things before the end of 2020.
New York Law Journal | Expert Opinion
By Ezra Dyckman and Charles S. Nelson | December 22, 2020
On Nov. 26, 2018, the Treasury Department issued proposed regulations under Section 163(j), and on July 28, 2020, these regulations were finalized. The final regulations largely adopt the proposed regulations, but with some important modifications that are generally favorable to taxpayers.
By Colin Carter | December 21, 2020
2020 delivered a crossroads of crises that begged the question for many who are fortunate enough to ask: What more can I do to help?
By New Jersey State Bar Association | December 21, 2020
Legislative leaders talk COVID, taxes, cannabis and recovery
By Greg Land | December 16, 2020
A plaintiffs attorney said the county and 14 cities within it could be on the hook for $60 million or more if the suit succeeds.
New York Law Journal | Analysis
By David E. Kahen and Elliot Pisem | December 16, 2020
A taxpayer suffers a loss by reason of errors made by a tax advisor, and the tax advisor makes a payment to compensate the taxpayer for the loss. May the payment be excluded from the taxpayer's income subject to tax? In this edition of their Taxation column, David E. Kahen and Elliot Pisem discuss a recent decision in which the Eleventh Circuit court concluded that the taxpayers before it could not exclude the payment at issue from income.
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