Tax Law
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Tax Law
Samuel Bankman-Fried's Criminal Indictment And Civil Lawsuits Could Provide Enhanced Tax Benefits To Those Who Lost Money On FTX
It is very likely that the activities being investigated would meet the definition of theft. -
Courts
The Supreme Court Will Soon Decide Whether The Student Loan Forgiveness Program Is Legal, Although The Chances Are Not Good
Will the Court allow the forgiveness plan to stand? Or is it just putting this matter to bed as quickly as possible so repayments can restart? Or can the Court come up with a creative compromise? - Sponsored
The Business Case For AI At Your Law Firm
ChatGPT ushers in the age of generative AI – even for law firms. -
Tax Law
President Biden's Student Loan Forgiveness Plan Might Have Been A Political Stunt All Along
The administration will likely take its time to figure out whether it is better politically to get a decision quickly or use delaying tactics until the next election.
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Tax Law
Criminal Prosecutions Of Cryptocurrency And NFT Scammers Could Increase So That Victims Can Take Advantage Of Enhanced Tax Benefits
Even if there is no indictment, crypto and NFT fraud victims can still take a theft loss if they invested the money with the intent of making a profit. -
Social Media
Twitter’s Blue Check Subscription Service Can Generate Almost $1B Annually If Subscribers Feel Special
If it goes wrong, then the financial consequences could be disastrous. -
Tax Law
Year-End Tax-Planning Tips For 2022
As always, it is recommended that you consult with a tax professional for more detailed and customized guidance. -
Government
Will Forgiving Student Loans Change How People Repay Their Loans And Save For Higher Education?
It seems likely that there will be another round of forgiveness in the future. -
Tax Law
Reductio Ad Absurdum: The Internal Revenue Code Needs Provisions For A 'Blue Tax'
How should Congress allocate 'blue tax dollars'? Here are several ideas. - Sponsored
Navigating Financial Success by Avoiding Common Pitfalls and Maximizing Firm Performance
In this CLE-eligible webinar, we’ll explore the most common accounting pitfalls and how to avoid them for your firm. -
Tax Law
6 States Sue To Block Student Loan Forgiveness Plan Because Their Governments Really Need The Interest Income
The gatekeeper here is whether the plaintiff states have standing to sue. -
Tax Law
The First Student Loan Forgiveness Lawsuit Has Been Filed
The plaintiff faces state income taxes if his loans are forgiven. -
Government, Tax Law
Student Loan Forgiveness Is Taxable In A Few States, Even If Lenders Do Not Report The Forgiven Amount To The Government
Right now, only six states will impose income tax on the debt forgiveness. -
Tax Law
There Are No Tax Benefits To Donating To Professor Amy Wax's Legal Defense Fund Especially When The Website Looks Like A Phishing Scam
It doesn’t seem like Wax meant it to be a 501(c)(3) anyway. -
Tax Law
An Analysis Of A Possible Court Challenge To President Biden's Student Loan Forgiveness Plan And Who Has Standing To Sue
Few would disagree that forgiving student loans for 43 million Americans would have a vast economic impact.
Sponsored
Sponsored
Legal AI: 3 Steps Law Firms Should Take Now
If 2023 introduced legal professionals to generative AI, then 2024 will be when law firms start adapting to utilize it. Things are moving fast, so…
Sponsored
Early Adopters Of Legal AI Gaining Competitive Edge In Marketplace
How to best leverage generative AI as an early adopter with ethical use.
Sponsored
The Business Case For AI At Your Law Firm
ChatGPT ushers in the age of generative AI – even for law firms.
Sponsored
Sponsored
Navigating Financial Success by Avoiding Common Pitfalls and Maximizing Firm Performance
In this CLE-eligible webinar, we’ll explore the most common accounting pitfalls and how to avoid them for your firm.
Sponsored
Is The Future Of Law Distributed? Lessons From The Tech Adoption Curve
The rise of remote work has dramatically reshaped the relationship between Lawyers and Law Firms, see how Scale LLP has taken the steps to get…
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Law Schools
Amy Wax Says Her Legal Defense Fund Is A 501(c)(3) Charity And That Seems... Odd
Can a legal defense fund for a private individual really be a 501(c)(3)? -
Law Schools
Planning On What You'll Do With That Extra 10-20k From Student Loan Forgiveness? You Might Want To Put Some Aside For Tax Day.
The next president will win because of their student loan tax forgiveness. Turtles all the way down. -
Tax Law
President Biden Finally Announces Student Loan Forgiveness
For some, the forgiveness will not make a serious dent on their overall balance but something is better than nothing. -
Government
California Legislature Bans State Bar From Spending Funds To Study Letting Nonlawyers Practice Law In The State
The lesson here seems to be that increasing the supply of lawyers will not reduce lawyer fees to $19.95 plus shipping and handling. -
Family Law
Is New Tax Bill The Key To Affordable And Equitable Fertility Treatment?
Tax policy can be a little dry, but with rising rates of infertility and concerns of substantial population shrinkage, it's a topic that we need to tackle sooner rather than later. -
Tax Law
What Do Taxes Have To Do With The 'Batgirl' Movie, Electric Vehicles, And An Unborn Fetus?
Let’s look at each in turn. -
Tax Law
Increased Funding To The IRS Could Result In A Faster Refund And A Higher Chance Of A Tax Audit
Democrats argue that increasing enforcement funding is necessary to target wealthy taxpayers to ensure that they pay their fair share.