Tax Law

  • Bensteindol

    Non-Sequiturs

    Non-Sequiturs: 07.28.15

    * “Bueller… Bueller…” Richard Hsu chats with Ben Stein. [Hsu Untied]

    * NFL deflates Tom Brady’s hopes of playing a full season. [Redline]

    * Can a public defender really handle 700 cases a year? Spoiler alert: No. [Mother Jones]

    * About a third of the seats on the Court of Federal Claims are vacant, and a solitary Senator aims to keep it that way. Why are Republicans against getting citizens tax refunds? Shouldn’t that be their whole schtick? [Constitutional Accountability Center]

    * If you’re around August 11, check out “Many Faces of Mediation: An Alternative to Courtroom Drama” at JAMS HQ in New York. [ABA]

    * If you’ve been hankering for a podcast covering the U.S. Tax Court, then hanker no further. [U.S. Tax Court Podcast via iTunes]

    * A proposal for expanding the U.S. News Diversity Index. [Iowa Law Review via SSRN]

    * The continuing tribute to commenter Partner Emeritus rolls on. This time delving into my favorite Baby Boomer trope: lame excuses for skipping out on Vietnam. [What About Clients?]

    * Talmage Boston explains how Atticus Finch is still worthy of respect in a post-Go Set a Watchman (affiliate link) world. [Washington Independent Review of Books]

    * Talmage will be moderating a panel at the ABA Annual Meeting featuring Judge Posner, William Landay, and Laura Caldwell. The panel will also include our own David Lat, discussing Supreme Ambitions (affiliate link). [Supreme Ambitions]

    19 Comments / / Jul 28, 2015 at 5:05 PM
  • Hilary Bricken

    Marijuana, Tax Law

    Cashed: The Tax Man Continues To Be The Plague Of Pot

    We should not expect the courts to give the marijuana industry any tax relief — that is going to have to come from Congress.

    / Jul 27, 2015 at 4:20 PM
  • Trombone

    Non-Sequiturs

    Non-Sequiturs: 07.23.15

    * Remember The Spread Love Band? They’re the street band that played near Skadden’s D.C. office. Skadden hated them so much they tried to convince the Secret Service to shoo them. Now they’re playing the Kennedy Center. It’s like the old joke, “How do you get to Carnegie Hall?” except instead of “practice,” the answer is “enrage a bunch of uptight lawyers.” [Washingtonian]

    * Important request of the ABA: just say no to your task force on legal education financing, chaired by a member of the Infilaw board. [The Lawyer Bubble]

    * What’s the best big city for law school grads? [Adjunct Law Prof Blog]

    * Aaaand what’s the best small city for law school grads? [Adjunct Law Prof Blog]

    * Lawyer fined around $30K for blowing an email review. It’s OK, it might not really be legal work anymore. [Press Gazette]

    * Rental car companies tried to deduct collision damage on their taxes. That didn’t work out for them. [Tax Prof Blog]

    * Justice Willett discusses social media and the judiciary. [Washington Times]

    * Judge tried to interfere in the kitty abusing case against his son. Some real-life Itchy the Mouse stuff. [Law360 (sub. req.)]

    * R.I.P. Professor and Associate Dean Christopher M. Fairman. [Ohio State Law]

    7 Comments / / Jul 23, 2015 at 4:59 PM
  • San Bruno pipeline explosion 2

    Tax Law

    California Just Learned That Gas Companies Can Deduct Settlement Damages From Their Taxes

    California learns how its own laws work.

    0 Comments / / Jul 23, 2015 at 11:01 AM
  • 50 Pence None The Richer (Photo by Ethan Miller/Getty Images)

    Morning Docket

    Morning Docket: 07.17.15

    * “I don’t know what you heard about me, but a bitch can’t get a dollar out of me.” Truer lyrics have never been rapped. 50 Cent’s legal team will face off in bankruptcy court against lawyers for a woman owed $5 million thanks to a sex-tape scandal. [Business Insider]

    * You may be happy that income-based loan repayment exists and is saving you from defaulting on your law school debts, but in a few decades, you’re probably going to get F’d in the A by a ticking tax time bomb. [Student Loan Ranger / U.S. News]

    * If you missed it, James Eagan Holmes, the shooter in the Dark Knight movie theater massacre in Colorado, was convicted for killing 12 people and wounding 70 others. Next up is the sentencing phase of his trial, and the death penalty is on the table. [Denver Post]

    * The head honchos at Goldman Sachs are sad their second-quarter profits were reduced by ~half thanks to protracted litigation stemming from the financial crisis. The bank had to put away $1.45B for “mortgage-related litigation.” [DealBook / New York Times]

    * The stars at night may be big and bright deep in the heart of Texas, but Berg & Androphy, led by attorney David Berg, is trying its hand at big city life in New York. It got the hang of things, y’all: B&A has already poached two Kasowitz partners. [Lawdragon]

    14 Comments / / Jul 17, 2015 at 9:02 AM
  • Apple-Computer-Apple-Computers-Inc

    Non-Sequiturs

    Non-Sequiturs: 07.06.15

    * Is Apple Music an antitrust violation, a second-rate streaming music provider, or both. Probably both. [Dorf on Law]

    * Former Goldman employee Sergey Aleynikov acquitted… again. Who would have thought Cyrus Vance’s trumped up show trial would fail so thoroughly? [Dealbreaker]

    * Landmark cases reimagined as movie posters. [Res Ipsa Law Poster]

    * If you missed it, here’s the New York Times Editorial about the “Activist Roberts Court” that everyone was talking about over the weekend. [New York Times]

    * In her defense, Sarah Palin may not be the dumbest person from Wasilla. [Legal Juice]

    * In the wake of Obergefell, will some holdout religious schools lose their tax-exempt status? [Tax Prof Blog]

    * Susman Godfrey’s Steve Susman chats with Richard Hsu about distance cycling. [Hsu Untied]

    25 Comments / / Jul 6, 2015 at 5:13 PM
  • angry handcuffs

    Biglaw, Crime, White-Collar Crime

    Former Biglaw Partner To Plead Guilty To Criminal Tax Law Violations

    He’s not the first Biglaw partner to run afoul of the tax laws, and he won’t be the last.

    20 Comments / / Jun 4, 2015 at 12:08 PM
  • Court Reporting Stenograph

    Non-Sequiturs

    Non-Sequiturs: 05.20.15

    Judge settles sexual harassment case brought against him by his former court reporter; Elizabeth Wurtzel talks about Biglaw inefficiencies; Vermont has banned litigation financing for a year; Crowdfunding police abuse lawsuits…and more.

    10 Comments / / May 20, 2015 at 5:05 PM
  • US china flags

    China, Tax Law

    China’s Slowing Economy Means Its Tax Authorities Are Coming After You

    The key to foreign companies weathering China’s economic slowdown will be to focus on scrupulous regulatory compliance and not assume that a slowdown won’t affect its business.

    / May 18, 2015 at 10:20 AM
  • Martin Richard. Photo by Bill Richard.

    Non-Sequiturs

    Non-Sequiturs: 04.17.15

    * Parents of Boston bombing victim Martin Richard are hoping their child’s murderer avoids the distracting spectacle of the death penalty. [Boston Globe]

    * Local prosecutor may have been munching down on pot brownies. [Al.com]

    * At least the Middle District of Florida is willing to throw a speed bump into the Kardashians’ continuing assault on the human spirit. [South Florida Lawyers]

    * Jesus, overcriminalization is stupid: Atlanta teacher cheating edition. [Lawyers, Guns & Money]

    * Note that cheating among poor inner-city kids demands the criminal justice system, while cheating at Stanford is a curiosity. [TaxProf Blog]

    * Meet the labor lawyer who has it in for Uber. [Fusion]

    * The phrase “fart clears courtroom” is always going to be a story. [Legal Cheek]

    7 Comments / / Apr 17, 2015 at 5:20 PM
  • 'Damn this tax scam!' says the tax law prof.

    Morning Docket

    Morning Docket: 04.16.15

    * At least a dozen professors from UT Law have had their identities stolen, and they only found out about it after their tax returns were rejected. As it turns out, the data thief had already filed their returns for them. Law profs’ tax refund checks must be tasty. [American-Statesman]

    * If you’ve been wondering what kind of salary it’d take to woo away the dean of one of the top law schools in the nation to become your university’s president, wonder no more. The answer is $660K per year. Way to go, Dean Schill! Play on, playa. [Register-Guard]

    * If you thought the list of the legal profession’s luminaries was looking like a giant sausage party, then you should check out this new ranking of the “most accomplished female attorneys working in the legal profession today.” [National Law Journal]

    * Biglaw, bigger egos? Law firm managing partners aren’t feeling as confident as they once were about economic and legal industry growth, but they’re totally jazzed about their own firms’ potential for revenue growth and the demand for their services. [Am Law Daily]

    * Another law school makes big changes thanks to legal academia’s rocky road: Loyola Law in L.A. is planning a 25% enrollment cut and is taking $20 million from its university’s endowment to entice students to attend with fat scholarships. [Los Angeles Loyolan]

    27 Comments / / Apr 16, 2015 at 9:00 AM
  • judge-judy

    Non-Sequiturs

    Non-Sequiturs: 04.15.15

    * Happy tax day! Let’s take a moment to remember that the tax prep industry spends millions to keep taxes a confusing, unpleasant mess. [TaxProf Blog]

    * “Since You Were Wondering, Judge Judy Is Having Amazing Sex” is the most goddamned horrifying headline of the year. [Morning After / Gawker]

    * Judge Kopf congratulates his colleague Judge Gerrard on the latter’s acclaim as a “rising star” judge to clerk for. [Hercules and the Umpire]

    * Lawyers facing charges just disappearing all over the place. [Arkansas Times]

    * The dream juror: a guy whose whole schtick is getting unanimity. Chief Justice John Roberts reports to his local courthouse. [Washington Post]

    * Sad news. “Mr. Fuzzy,” who traveled the Washington firms shining shoes, appears to have been found dead near the tidal basin. [Hill Now]

    15 Comments / / Apr 15, 2015 at 5:03 PM
  • unhappy young woman lawyer tax taxes bills

    Federal Government, Health Care / Medicine, Money, Tax Law

    The Secret Taxes On The Young: Health Insurance And Student Loan Interest

    On this Tax Day, columnist Shannon Achimalbe looks at two payments that are not called taxes but feel like and have the effect of a tax.

    71 Comments / / Apr 15, 2015 at 12:05 PM
  • Snickers-broken

    Non-Sequiturs

    Non-Sequiturs: 04.14.15

    * Not going anywhere for a while? Try a Snickers. Just don’t try to write it off as a business expense. [TaxProf Blog]

    * Toilet cameras involve moral turpitude. This is an opinion that needed to be written. [Legal Profession Blog]

    * Police decline to charge Dwight Howard with child abuse. He’d allegedly punished his child with his belt, which is nowhere near as bad as letting them walk outside alone (if you listen to Elie’s rants). [ESPN]

    * There’s no bar exam too small for his analysis: North Dakota’s February results. [Bar Exam Stats]

    * A look back at the Lincoln assassination 150 years later. Something like this would never happen today — probably because Lincoln would still be on the waiting list for Book of Mormon. [Constitutional Accountability Center]

    * I knew SeaWorld was in trouble when I saw a glossy commercial during primetime television explaining how great they are. And my instincts were right — they’ve been hit with three salacious lawsuits in a month. [The Dodo]

    * Oh, the things you learn from lawsuits! Find out exactly how the WWE feels about your city. Getting dissed by Vince McMahon must sting. [411Mania]

    * If you’re in Chicago or Los Angeles, you should come out to see David discuss his new book, Supreme Ambitions (affiliate link). [Supreme Ambitions]

    12 Comments / / Apr 14, 2015 at 4:58 PM
  • Occupy Wall Street 4 Citizens United

    Non-Sequiturs

    Non-Sequiturs: 04.01.15

    * Protesters disrupt the Supreme Court to complain about Citizens United. Just two or three more of these and Alito is sure to break! [SCOTUSBlog]

    * In completely unrelated news, TV spending in the Supreme Court race in Wisconsin has now topped $600,000. No risk of corruption there. [Brennan Center For Justice]

    * Arkansas Governor Asa Hutchinson has, at the last minute, refused to sign a new RFRA after watching Indiana blow up its own economy over the same law. In other news, Indiana Governor Mike Pence received a delightful gift basket today this morning with the message, “Thanks for taking the hit on this one — Asa XOXOXO.” [New York Times]

    * Speaking of the RFRA kerfuffle, defending champion UConn is boycotting the Final Four in Indiana this weekend. Not qualifying for the tournament certainly helps. How about we hold off praising this “bold stance” until a team actually playing this weekend makes a symbolic show of support. [NBC Connecticut]

    * After a season of reading about cops brutalizing unarmed kids for no reason, there’s a project in Baltimore trying to get the police to better connect with teens. Anything would help. [Washington Post]

    * There’s a new .sucks domain name, more or less designed for the sole purpose of extorting money from companies and celebrities. I don’t see the problem, they extort money out of us all the time. [LXBN]

    * Cool new tech. It’s like Google Glass for transactional lawyers, designed to instantly identify and highlight key provisions. OK this is an April Fools gag, but their real product actually operates on the same principle. [Kira Specs]

    * Just because married couples can file jointly doesn’t mean they should. For that matter, just because couples can marry doesn’t mean they should. Think about it. [California Lawyer]

    * Richard Hsu talks with Guy Kawasaki, the Chief Evangelist of Canva, and former Chief Evangelist of Apple. Evangelists just in time for the holiday! [Hsu Untied]

    * What have we done? We wrote about a candidate for SBA President at the University of Miami School of Law with a cheesy campaign video and he won. And now he’s drunk with power. He’s instituting a mandatory dress code! His email is on the next page…

    Miami Law Family,

    First and foremost, congratulations to all of the newly elected Student Leaders. Today’s Passing of the Gavel ceremony was a huge success, and I look forward to working with you all during the upcoming school year.

    It is now time to roll up our sleeves and get to work. I recently surveyed a group of students about immediate issues they want the SBA to address. Without question, they felt that the biggest issue with the law school was that too many students wear flip flops and T-shirts to class. Thus, starting next Monday, April 6th, the SBA will be implementing a mandatory business casual/professional dress code for all full-time students. I know it may come as a shock, but my cabinet felt that this is a priority that needed to be addressed. We chose to make this our first order of business to demonstrate that we are here to work. This is clearly the first step to improve our bar passage rate, and I thank you for your understanding.

    I will be following up with you all later this week about upcoming SBA matters. I know you all had a nice break from me spamming your inbox, but I’m back and better than ever.

    Please see below for a detailed outline of what attire will be included/excluded from the mandatory dress code.

    Truly yours,
    Matt Deblinger
    President, Student Bar Association

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    Oh, before I forget… THANK YOU to Outgoing SBA President Sara Solano. Miss Solano did a phenomenal job as President, and she left big shoes to fill, despite being much shorter than me. As for that mandatory dress code I mentioned….. April Fools!!! :)

    In all seriousness- I cannot wait to work with all of the SBA E-board members, SBA Senators, administrators, and the student organization leaders. There is an SBA meeting tomorrow, 4/2/15, at 12:30PM in F309, where we will be appointing our Speaker of the Senate and discussing next year’s SBA Budget. As always, time will be allotted for general student body comments. We encourage you all to attend.

    Your Student Leaders are going to be working hard to ensure that the 2015-16 school year will be one of the most successful year’s in Miami Law’s history. You’ve elected a great group of students.

    If you have any questions, concerns, or ideas– or simply want to grab Icees & appetizers with me– please do not hesitate to call/text me. It’s my job is to serve you, but at the end of the day, I’m equally your colleague and friend.

    Here’s to a good year,
    Matthew Ryan David Deblinger
    President, Student Bar Association
    University of Miami School of Law

    24 Comments / / Apr 1, 2015 at 5:54 PM
  • stat of the week image

    Biglaw, Tax Law

    Stats Of The Week: Biglaw Tax Lawyers Are Killing It

    Some recent survey findings on American perceptions of the tax system.

    7 Comments / / Mar 20, 2015 at 3:30 PM
  • Photo by Drew Havens.

    Morning Docket, SCOTUS, Supreme Court

    Morning Docket: 03.04.15

    * Meet David King of King v. Burwell, the epic Obamacare case to be argued before the U.S. Supreme Court today. [New York Times]

    * And meet the two legal heavyweights who will be arguing the case before SCOTUS. [Politico via How Appealing]

    * Meanwhile, another Supreme Court has put a stop to same-sex marriage down in Alabama — for now. [Buzzfeed]

    * General David Petraeus reaches a plea deal, requiring him to plead guilty to a misdemeanor and pay a fine (but no prison sentence). [Washington Post]

    * It’s not as sexy as Obamacare or marriage equality, but the collection of state sales tax on out-of-state purchases made online is a pretty important issue — and Justice Kennedy wants SCOTUS to revisit it. [How Appealing (linkwrap)]

    * In the wake of a leadership shake-up, Cadwalader is beefing up its Houston energy practice — but is that a wise idea, with the price of oil spiraling downward? [American Lawyer]

    * Finally, something that Elie Mystal and Jordan Weissmann can agree upon: dropping the LSAT is a bad idea. [Slate]

    * A jury of eight men and 10 women will start hearing arguments today in the trial of Dzhokhar Tsarnaev, defendant in the Boston Marathon bombing. [How Appealing (linkwrap)]

    * Legal ethics guru Monroe Freedman, RIP. [ABA Journal]

    14 Comments / / Mar 4, 2015 at 8:54 AM
  • Judge Richard Posner

    Pro Se Litigants, Richard Posner

    Judge Posner Lights Into Pro Se ‘Sovereign Citizen’

    Watch Judge Posner have to deal with a pro se crazy — in person.

    95 Comments / / Feb 23, 2015 at 4:05 PM