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Texas Lawyer

Don't Let the Tax Tail Wag the Dog

For those navigating estate and tax planning as President Joe Biden takes office, keep the entire picture in mind, say Colin Carter and Steve Aucamp, managing directors at Tiedemann Advisors.
4 minute read

New York Law Journal

Long Island Judge Narrows Issues in Origination Payment Case

Attorney Michael Zapson filed a lawsuit last year against Davidoff Hutcher & Citron, which describes itself as a commercial law and government relations firm.
2 minute read

New Jersey Law Journal

Follow-up on PPP 'Loans' to Large NJ Law Firms 

OP-ED: I stated in my prior piece that I was ashamed of my profession. I still am—but it was good to hear from other attorneys who are as well.
3 minute read

New York Law Journal

Filing Amended Returns in the Age of the Pandemic

In his Tax Tips column, Sidney Kess advises that this year in particular warrants a review of returns filed for 2018 and 2019. And even after the 2020 returns are filed, it may be desirable in the future to amend previous returns.
7 minute read

New York Law Journal

Rakoff Rules Banks Not Required to Pay Agent Fees in PPP Lawsuits

The court dismissed six proposed class action lawsuits that claimed the Coronavirus Aid, Relief and Economic Security Act, or CARES Act, mandated the payments, regardless of whether agents had agreements with banks.
3 minute read

Daily Business Review

Deloitte Medicaid Contract Spurs Challenges From Competitors

The Agency for Health Care Administration last month announced its intent to award a Medicaid contract to Deloitte, months after the state's CONNECT unemployment system largely crashed amid a massive number of claims because of the coronavirus pandemic. Deloitte played a key role in putting in place the $77 million CONNECT system in 2013.
4 minute read

New York Law Journal

Donziger Ramps Up Effort to Delay or Dismiss Looming Criminal Contempt Trial

Facing the possibility of prison time if convicted, the lawyer who once won an $8.6 billion judgment against Chevron has intensified his battle against the special prosecutor appointed to his criminal case, the civil-case judge who leveled the charges against him, and and the Southern District of New York federal judge presiding over the looming bench trial.
11 minute read

New York Law Journal

Punished for Taking Maternity Leave? Women Sue Deloitte Over 'Smoke and Mirrors' Policy

"When women actually take full advantage of the leave provided by Deloitte, they actually give up important rights to return to their position," plaintiff counsel said.
4 minute read

Daily Business Review

Tax Lawyers Busy as Elections Loom and Wealthy Clients Weigh Changes to Gift-Tax Exemption

Attorneys said that most of their wealthy clients did not want to take a multimillion-dollar gamble that the current November general election polling would be incorrect.
4 minute read

Law.com

Accounting for the Coronavirus

This article examines challenges facing accountants due to economic and financial stress increasing at the same time that oversight may be relaxing, provides insight into the question of whether we should expect a rise in accounting manipulations, and concludes with comments on mitigating hindsight bias.
20 minute read

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