Tax Law
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Tax Law
Controversial Tax Credit Provisions Could Delay The Long-Term Adaptation Of Electric Vehicles
If the government is serious about switching away from internal combusting engines in the long term, it should provide incentives to get more people into EVs, rather than trying to meet some ambiguous goal of economic fairness. -
Tax Law
It's Easy To Set Up A Plan That Provides Employees With Tax-Free Income For Student Loan Repayments
Right now, student loan repayment perks are the new hotness when it comes to employee hiring. - 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. -
Courts, Tax Law
The IRS Is Sued For Seizing And Depositing Collectible Coins Featuring Dead Presidents
An example of when someone can sue the IRS and potentially win.
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Government
Local DA Faces 11-Count Federal Indictment And You'll Absolutely Believe What City We're Talking About
He got *elected* after he was indicted. -
Tax Law
Suing IRS Tax Collectors Can Make Your Tax Debt Situation Worse
Sue the IRS. What could possibly go wrong? -
Tax Law
Yes, The IRS Demands That You Pay Taxes On Your 'Squid Game' Prize Money
A $39 million prize will result in a hefty tax bill and the government will be as eager as a loan shark to collect it. -
Small Law Firms, Tax Law
Will Reporting Lower Taxable Income Increase My Chances Of A Tax Audit?
Reporting lower income in your 2020 tax returns probably won’t increase the chances of an audit, but you should still take some steps to avoid raising red flags. -
Government
That’s Not How Contracts Work
Trump sues his niece with some... interesting legal theories. - Sponsored
The Business Case For AI At Your Law Firm
ChatGPT ushers in the age of generative AI – even for law firms. -
Tax Law
Should The Government Require Couples To Obtain Background Checks Before Getting Married?
A lot of us have financial skeletons in the closet. -
Tax Law
The Government Proposes To Obtain Everyone's Bank Transactions To Make Sure The Wealthy Aren't Hiding Income
So will this proposal work? It’s possible. -
Morning Docket
Morning Docket: 09.09.21
* The first rule of Tax Law: If you’re rich, you don’t pay them. [CBS News]
* Biden prepares to sue Texas over SB8. What’s Sleepy SCOTUS™ gonna do next? [Wall Street Journal]
* United Airlines blesses religious exemption to COVID vaccine, but will put you on unpaid leave. Talk about living on a prayer. [CNBC]
* Prepare for “Do you know how fast you were going? Add me on Facebook.” at your next traffic stop, LA. [The Guardian]
* Prosecutor opts out of charging felonies that stem from minor traffic stops. Rest in Peace, Mr. Castile. [Yahoo]
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Tax Law
How Law Firm Owners Can Legally Get Around The $10,000 State And Local Tax Deduction Limitation
Law firms should check their state tax laws and consult with their tax professionals to see if the IRS’s Notice 2020-75 allows them a workaround for the unpopular state and local tax deduction limitation. -
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
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
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…
Sponsored
Sponsored
The Business Case For AI At Your Law Firm
ChatGPT ushers in the age of generative AI – even for law firms.
Sponsored
Early Adopters Of Legal AI Gaining Competitive Edge In Marketplace
How to best leverage generative AI as an early adopter with ethical use.
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Finance
Tax Cheats Cost U.S. At Least Four Times As Much As Welfare Fraud, And Biden Wants That Revenue
By investing about $80 billion in the IRS over the next 10 years, the Biden administration calculates that it can recover an additional $700 billion in taxes owed by the wealthy and corporations. -
Government
The Infrastructure Bill Will Look Into Taxing Motorists For Every Mile We Drive
The VMT is controversial because it raises privacy concerns, and it is unclear how it will be applied fairly. -
Tax Law
Taxing Video Game Virtual Currency Transactions: Issue Business Licenses To Those In It For The Money
Where can the line between play and profit be drawn? -
Tax Law
The IRS Should Get The Funding They Need So Long As They Treat Taxpayers Fairly
Most agree that increasing funding to the IRS could reduce the tax gap that will help fund the infrastructure spending bill. -
Tax Law
Making The Case For Donald Trump's Indictment In The Court Of Public Opinion
Hmmmm, what *does* the former president know about tax law? -
Tax Law
The Criminal Case Against The Trump Organization And Its CFO Is Not As Easy As It Seems
Even if the transactions involved here resulted in income to Weisselberg, do they warrant jail time? -
Tax Law
An Investigative Article On How The Ultra-Wealthy Avoid Taxes Shows No Secret Documents And Only Tells What Most Of Us Already Know
The article also complains that executives pay themselves a low salary as a tax-dodging tactic.