Deloitte has published an article, “Build Back Better Act remains stalled as Senate returns from recess,” which points out that Senator Manchin remains opposed to the piece of legislation. The article begins as follows: Members of the Senate returned to Capitol Hill from their holiday recess this week and it became apparent as the new … Continue reading Deloitte: Build Back Better Act remains stalled as Senate returns from recess (January 7, 2022)
Author: Bennett Mansour
Associate Editor Bennett Mansour is a legal assistant with the Law Office of Lewis J. Saret and a third year at the Georgetown University, where he is majoring in English and minoring in Theology. Bennett joined the Journal as an Associate Editor in 2021.
Daniela Lamas (New York Times): When Faced With Death, People Often Change Their Minds(January 3, 2022)
Daniela Lamas, of The New York Times, has made available for download her article, “When Faced With Death, People Often Change Their Minds,” published in The New York Times. The article begins as follows: My patient had done everything possible to avoid being intubated. After a traumatic hospitalization when she was young, she had consistently … Continue reading Daniela Lamas (New York Times): When Faced With Death, People Often Change Their Minds(January 3, 2022)
The Washington Post: The ‘Cowboy Cocktail’: How Wyoming Became One of the World’s Top Tax Havens (December 20, 2021)
The Washington Post has made available for download their article, “The 'Cowboy Cocktail': How Wyoming Became One of the World's Top Tax Havens,” which discusses Wyoming's unique laws that make it an attractive tax location. The article begins as follows: The honky-tonk bar under neon lights on the town square serves Grand Teton Amber Ale and … Continue reading The Washington Post: The ‘Cowboy Cocktail’: How Wyoming Became One of the World’s Top Tax Havens (December 20, 2021)
Jason Freeman (Jason Freeman LLP): Releases and Family Settlement Agreements in Trust & Estate Litigation (December 15, 2021)
Jason Freeman, of (Jason Freeman LLP), has made available for download his article, "Releases and Family Settlement Agreements in Trust & Estate Litigation," published in JDSUPRA. The abstract is as follows: A settlement agreement can be beneficial to all parties – it may help reduce litigation costs, facilitate dispute resolution, or guide the parties to … Continue reading Jason Freeman (Jason Freeman LLP): Releases and Family Settlement Agreements in Trust & Estate Litigation (December 15, 2021)
Bloomberg Wealth: These Are the World’s Richest Families (September 17, 2021)
Bloomberg Wealth discusses the world's richest families and their continued increase in wealth. The article begins as follows: Scarcely a day goes by without a stock sale hitting the market: $99 million one day, $146 million the next, almost $294 million last week alone.The discrete offerings, frequently by Goldman Sachs Group Inc., are on behalf of … Continue reading Bloomberg Wealth: These Are the World’s Richest Families (September 17, 2021)
Texas Fiduciary Litigator: Presentation: Litigating Self-Interested Transactions Involving Fiduciaries (December 13, 2021)
Winstead, in its Texas Fiduciary Litigator Blog, has made available for download its article "Litigating Self-Interested Transactions Involving Fiduciaries," which discusses David Fowler Johnson's paper on stipulations common to litigating self-interested transactions. The article begins as follows: David F. Johnson presented his paper “Litigating Self-Interested Transactions Involving Fiduciaries” to the State Bar of Texas’s Fiduciary Litigation Course … Continue reading Texas Fiduciary Litigator: Presentation: Litigating Self-Interested Transactions Involving Fiduciaries (December 13, 2021)
Robert W. Wood (Wood LLP) : Crypto IRS Reporting Rules Promise Tax Compliance—And Enforcement (December 13, 2021)
Robert W. Wood, of Wood LLP, has made available for download his article, “Crypto IRS Reporting Rules Promise Tax Compliance—And Enforcement,” published in Forbes Magazine. The abstract is as follows: The Infrastructure Investment and Jobs Act (H.R. 3684) put crypto in the crosshairs in a comprehensive way. The crypto community was outraged when the measures … Continue reading Robert W. Wood (Wood LLP) : Crypto IRS Reporting Rules Promise Tax Compliance—And Enforcement (December 13, 2021)
Procedurally Taxing: When Is a Late Return Not Really “Late”?? – Part 1 (December 3, 2021)
Bob Probasco, Senior Lecturer and Director Tax Dispute Resolution Clinic, has made available for download his article, “When Is a Late Return Not Really “Late”?? – Part 1” published on the Procedurally Taxing blog. The article begins as follows: The IRS released a legal memo recently on an issue I had never thought of before. Would a … Continue reading Procedurally Taxing: When Is a Late Return Not Really “Late”?? – Part 1 (December 3, 2021)
BDO USA: FIRPTA Rules Impact Investments in U.S. Real Property (December 2021)
BDO USA has published an article, “FIRPTA Rules Impact Investments in U.S. Real Property”, published on BDO USA. The abstract is as follows: The Foreign Investment in Real Property Tax Act (FIRPTA) was enacted in 1980 to provide an exception to the capital gain sourcing rules with respect to foreign corporations’ or nonresident aliens’ gains … Continue reading BDO USA: FIRPTA Rules Impact Investments in U.S. Real Property (December 2021)
Forbes: 7 Tax-Planning Moves To Make By End Of 2021 (December 1, 2021)
Forbes has published an article, “7 Tax-Planning Moves To Make By End Of 2021,” which discusses the proactive steps business owners and individuals can make to reduce the impact of the end-of-year taxes. The article begins as follows: Wow! 2021 has been yet another wild and crazy year. Many people have seen their incomes jump … Continue reading Forbes: 7 Tax-Planning Moves To Make By End Of 2021 (December 1, 2021)
Jason Freeman (Jason Freeman LLP): Does an Executor Breach Their Fiduciary Duty By Failing to Disclose Facts to Beneficiaries? (December 10, 2021)
Jason Freeman of (Jason Freeman LLP), has made available for download his article, "Does an Executor Breach Their Fiduciary Duty By Failing to Disclose Facts to Beneficiaries?," published in JDSUPRA. The article begins as follows: A fiduciary’s failure to disclose material facts to beneficiaries may violate their fiduciary duties. A recent Texas court’s decision outlines the … Continue reading Jason Freeman (Jason Freeman LLP): Does an Executor Breach Their Fiduciary Duty By Failing to Disclose Facts to Beneficiaries? (December 10, 2021)
Finance Committee Releases Updated Build Back Better Text
Washington, D.C. –Senate Finance Committee Chair Ron Wyden, D-Ore., today released updated text of the Finance Committee’s title of the Build Back Better Act. The updated text includes both technical and policy changes, as well as modifications to ensure compliance with Senate budget rules. “The Finance Committee has made targeted improvements to the Build Back Better Act, and is ready … Continue reading Finance Committee Releases Updated Build Back Better Text
Procedurally Taxing: When Is a Late Return Not Really “Late”?? – Part 2 (December 6, 2021)
Bob Probasco, Senior Lecturer and Director Tax Dispute Resolution Clinic, has made available for download his article, “When Is a Late Return Not Really “Late”?? – Part 2” published on the Procedurally Taxing blog. The article begins as follows: And now some observations and questions about that recent IRS legal memo on an overpayment interest issue. The … Continue reading Procedurally Taxing: When Is a Late Return Not Really “Late”?? – Part 2 (December 6, 2021)
Forbes: Florida Court Sheds Light On Piercing The Corporate Veil (November 27, 2021)
Forbes has published an article, “Florida Court Sheds Light On Piercing The Corporate Veil,” which discusses the necessary components needed to penetrate the veil a LLC provides an individual. The article begins as follows: In the 2021 3rd District Court of Appeals case of Segal v. Forastero, Inc., an investor who bought and sold real estate … Continue reading Forbes: Florida Court Sheds Light On Piercing The Corporate Veil (November 27, 2021)
BDO USA: 2021 Year-End Tax Planning for Individuals (November 2021)
BDO USA has published an article, “Year-End Tax Planning for Individuals”, published on BDO USA. The abstract is as follows: As we approach year end, now is the time for individuals, business owners, and family offices to review their 2021 and 2022 tax situations and identify opportunities for reducing, deferring, or accelerating tax obligations. Areas … Continue reading BDO USA: 2021 Year-End Tax Planning for Individuals (November 2021)
Journal of Accountancy: Tax provisions in the Build Back Better act (November 19, 2021)
Alistair M. Nevius, J.D. has published an article on the Journal of Accountancy, titled “Tax provisions in the Build Back Better act.” The article begins as follows: The House of Representatives on Friday morning passed H.R. 5376, the Build Back Better Act, by a vote of 220–213. The bill encompasses a wide range of budget … Continue reading Journal of Accountancy: Tax provisions in the Build Back Better act (November 19, 2021)
Julie Virta (Vanguard Personal Advisor Services): Tax-Efficient Tips for 2021’s Charitable Giving Season
Julie Virta, of Vanguard Personal Advisor Services, has made available for download her article, “Tax-Efficient Tips for 2021’s Charitable Giving Season." The article begins as follows: Spurred in part by the pandemic, a record $471 billion was donated to U.S. charities in 2020, according to Giving USA. I expect that trend to continue this year, as individuals, … Continue reading Julie Virta (Vanguard Personal Advisor Services): Tax-Efficient Tips for 2021’s Charitable Giving Season
Rachel Louise Ensign and Peter Rudegeair (Wall Street Journal): Rich Millennials to Financial Advisers: Thanks for the Golf Invite, but You Can’t Invest My Money (November 8, 2021)
Rachel Louise Ensign and Peter Rudegeair have made available for download their article, “Rich Millennials to Financial Advisers: Thanks for the Golf Invite, but You Can’t Invest My Money”, published in the Wall Street Journal. The article begins as follows: Michael Martocci, a 26-year-old startup founder, ignores the golf invitations and other solicitations from the … Continue reading Rachel Louise Ensign and Peter Rudegeair (Wall Street Journal): Rich Millennials to Financial Advisers: Thanks for the Golf Invite, but You Can’t Invest My Money (November 8, 2021)
NTA Blog: IRS Initiates New Favorable Offer In Compromise Policies(November 15, 2021)
The National Taxpayer Advocate has made available for download their article, “IRS Initiates New Favorable Offer In Compromise Policies”, published on The National Taxpayer Blog. The abstract is as follows: The IRS has the discretion to accept an offer in compromise (OIC) or to release refunds it would otherwise apply against taxpayers’ tax debts through … Continue reading NTA Blog: IRS Initiates New Favorable Offer In Compromise Policies(November 15, 2021)
TaxProf Blog – Bryan Camp: Lesson From The Tax Court: Not Every Decision Comes With An Opinion (November 15, 2021)
Bryan Camp has published an article on the TaxProf Blog, titled “Lesson From The Tax Court: Not Every Decision Comes With An Opinion,” which discusses Tax courts' discretion to issue an opinion when the IRS concedes a case. The article begins as follows: Once a taxpayer petitions the Tax Court to contest a Notice of … Continue reading TaxProf Blog – Bryan Camp: Lesson From The Tax Court: Not Every Decision Comes With An Opinion (November 15, 2021)
Wealth Strategies Journal 