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.
That’s Not How Contracts Work
Trump sues his niece with some... interesting legal theories.
How To Avoid Hallucinations: A Legal Research AI That Works Like A Junior Lawyer
Can we make legal research AI stop hallucinating? The answer is yes – and it’s how attorneys approach legal research with their associates.
Should The Government Require Couples To Obtain Background Checks Before Getting Married?
A lot of us have financial skeletons in the closet.
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: 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]
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.
What You Didn’t Learn In Law School
How do you keep up with the competition? Share your perspective in this brief survey to help us benchmark your lifelong training in professional skills. As a thank you, qualified respondents receive a chance to win a $250 gift card.
A Lawyer Should Not Purchase A Car To Fit Some Kind Of Image
Is it worth it? Maybe.
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.
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.
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?
AI Is Reshaping Legal Practice—But Tools Aren’t The Real Differentiator.
Explore the mindset, cultural shifts, and training strategies that define the AI‑savvy lawyer, revealing why human judgment, standardized competence, and integrated learning—not technology alone—will shape the future of the profession.
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.
Making The Case For Donald Trump’s Indictment In The Court Of Public Opinion
Hmmmm, what *does* the former president know about 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?
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.
Biden Plans To Build An Army Of IRS Agents, Send It After Large Corporations And The Wealthy
Now would be an excellent time for anyone concerned about tax liability to get their house in order.