Gerry W. Beyer, of Texas Tech University School of Law, has made available for download his article, "Texas Estate Planning Judicial Update: Spring 2021 Edition," published in SSRN. The abstract is as followed: This article discusses recent judicial developments (first quarter of 2021) relating to the Texas law of intestacy, wills, estate administration, trusts, and … Continue reading Gerry W. Beyer: Texas Estate Planning Judicial Update: Spring 2021 Edition (April 10, 2021)
Author: Elise Kim
Barbara T. Kaplan and Shira Peleg (Greenberg Traurig LLP): IRS Establishes Office of Promoter Investigations with Emphasis on Conservation Easements and Micro-captive Insurance Arrangements (April 21, 2021)
Barbara T. Kaplan and Shira Peleg, of Greenberg Traurig LLP, have made available for download their article, “IRS Establishes Office of Promoter Investigations with Emphasis on Conservation Easements and Micro-captive Insurance Arrangements,” published in a Greenberg Traurig Alert. The abstract is as follows: On April 19, 2021, the IRS announced the establishment of a new Office of Promoter Investigations (OPI). The creation of OPI … Continue reading Barbara T. Kaplan and Shira Peleg (Greenberg Traurig LLP): IRS Establishes Office of Promoter Investigations with Emphasis on Conservation Easements and Micro-captive Insurance Arrangements (April 21, 2021)
AICPA Tax Insider (April 22, 2021): IRS extends penalty relief for pandemic payroll credits; COD income and cross-border considerations; and More!
IRS extends penalty relief for pandemic payroll creditsThe IRS provided for penalty relief under Sec. 6656 for an employer's failure to timely deposit certain employment taxes with the IRS to allow employers to immediately take advantage of various credits enacted in response to the COVID-19 pandemic. IRS extends e-signature authorization for 6 monthsThe IRS is extending … Continue reading AICPA Tax Insider (April 22, 2021): IRS extends penalty relief for pandemic payroll credits; COD income and cross-border considerations; and More!
Felix Chang: How Should Inheritance Law Remediate Inequality? (April 2, 2021)
Felix Chang, of the University of Cincinnati College of Law, has made available for download his article, "How Should Inheritance Law Remediate Inequality?" published in the Washington Law Review, Vol. 97, 2022. The abstract is as followed: This Essay argues that trusts and estates (“T&E”) should prioritize intergenerational economic mobility—the ability of children to move … Continue reading Felix Chang: How Should Inheritance Law Remediate Inequality? (April 2, 2021)
David Horton and Reid K. Weisbord: Probate Litigation (March 16, 2021)
David Horton and Reid K. Weisbord, of University of California, Davis - School of Law and Rutgers Law School, respectively, have made available for download their article, "Probate Litigation," published in the University of Illinois Law Review, forthcoming 2022 and the Rutgers Law School Research Paper No. Forthcoming. The abstract is as followed: The field … Continue reading David Horton and Reid K. Weisbord: Probate Litigation (March 16, 2021)
Ying Khai Liew: Justifying Anglo-American Trusts Law (2020)
Ying Khai Liew, of the University of Melbourne - Melbourne Law School, has made available for download his article, "Justifying Anglo-American Trusts," published in the William & Mary Business Law Review, Forthcoming. The abstract is as followed: Is the existence of trusts law within Anglo-American law justified? The literature to date does not provide a … Continue reading Ying Khai Liew: Justifying Anglo-American Trusts Law (2020)
Edward H. Kammerer (Greenberg Traurig LLP): Non-Recourse Financing Can Imperil Tax Deductions: The Application of the Internal Revenue Code ‘At-Risk’ Rules to Aircraft Purchases (May 3, 2021)
Edward H. Kammerer, of Greenberg Traurig LLP, has made available for download his article, “Non-Recourse Financing Can Imperil Tax Deductions: The Application of the Internal Revenue Code ‘At-Risk’ Rules to Aircraft Purchases,” published in a Greenberg Traurig Alert. The article begins as follows: Taxpayers who lease or purchase aircraft face a myriad of tax issues, and aircraft can be a … Continue reading Edward H. Kammerer (Greenberg Traurig LLP): Non-Recourse Financing Can Imperil Tax Deductions: The Application of the Internal Revenue Code ‘At-Risk’ Rules to Aircraft Purchases (May 3, 2021)
Holland & Knight Webinars: International Private Client Webinar Series: You Can Run But You Can’t Hide from the IRS (May 13, 2021)
Holland & Knight will host a webinar as a part of their International Private Client Webinar Series, titled "You Can Run But You Can't Hide from the IRS," which will be held on May 13, 2021. The presenters include Kevin Packman, Andrea Darling de Cortés, and William Shepherd. Online registration will be open until May … Continue reading Holland & Knight Webinars: International Private Client Webinar Series: You Can Run But You Can’t Hide from the IRS (May 13, 2021)
Timothy Barrett (Argent Trust Company): Legal Advice for Parents with Kids in That ‘Awkward Stage’ of Semi-Adulthood
Timothy Barrett, of Argent Trust Company, has made available for download his article, “Legal Advice for Parents with Kids in That ‘Awkward Stage’ of Semi-Adulthood,” published in The Kiplinger Washington Editors. The abstract is as follows: For guidance on preparing a financial power of attorney and patient advocate designation for your semi-adult child, you should … Continue reading Timothy Barrett (Argent Trust Company): Legal Advice for Parents with Kids in That ‘Awkward Stage’ of Semi-Adulthood
TaxProf Blog – Bryan Camp: Lesson From The Tax Court: Abatement Of Assessment Brings No Relief From Liability (April 26, 2021)
Bryan Camp has published an article on the TaxProf Blog, titled “Lesson From The Tax Court: Abatement Of Assessment Brings No Relief From Liability,” which discusses the outcomes of Robert Craig Colton and Alina Mazwin v Commissioner, T.C. Memo. 2021-44 (Apr. 21, 2021) (Judge Lauber) as they pertain to differences between tax assessment and tax liability. The article … Continue reading TaxProf Blog – Bryan Camp: Lesson From The Tax Court: Abatement Of Assessment Brings No Relief From Liability (April 26, 2021)
Kaiser Health News: Judith Graham: Biden Seeks $400 Billion to Buttress Long-Term Care. A Look at What’s at Stake.
Kaiser Health News ran the following story about President Biden's proposal to provide long term care assistance to the elderly. The Kaiser story is as follows (below the line): ------------------------ There’s widespread agreement that it’s important to help older adults and people with disabilities remain independent as long as possible. But are we prepared to … Continue reading Kaiser Health News: Judith Graham: Biden Seeks $400 Billion to Buttress Long-Term Care. A Look at What’s at Stake.
AICPA Tax Insider (April 15, 2021): Guide to expensing HVAC costs; AICPA recommendations on Q1 estimates and 2020 Form 709 extensions; and More!
Guide to expensing HVAC costsBy Eddie Price and Malik JavedHeating, ventilation, and air conditioning (HVAC) replacement costs can be significant expenses for businesses that own or lease real estate. Find out about how to distinguish between deductible repairs and more extensive work that must be capitalized. IRS explains which meals qualify for temporary 100% expense deductionThe … Continue reading AICPA Tax Insider (April 15, 2021): Guide to expensing HVAC costs; AICPA recommendations on Q1 estimates and 2020 Form 709 extensions; and More!
BDO: Frequently Asked Questions Related to Employee Stock Ownership Plans (ESOPs) (April 2021)
BDO has published an article, “Frequently Asked Questions Related to Employee Stock Ownership Plans (ESOPs),” which discusses the logistics behind an ESOP, and the benefits these kinds of retirement plans can produce. The article begins as follows: Employee ownership can be an attractive option for owners looking to sell their business while maintaining their legacy … Continue reading BDO: Frequently Asked Questions Related to Employee Stock Ownership Plans (ESOPs) (April 2021)
Bloomberg Tax: The Unfairness of the Marriage Tax Penalty (March 31, 2021)
Patricia Cain, of Bloomberg Tax, has recently made available her article that discusses the history of the marriage tax penalty and the need to eliminate joint tax returns. Her article, “The Unfairness of the Marriage Tax Penalty,” begins as follows: Wisconsin Republican U.S. Representative Glenn Grothman recently criticized the Covid-19 relief bill by pointing to … Continue reading Bloomberg Tax: The Unfairness of the Marriage Tax Penalty (March 31, 2021)
Procedurally Taxing: Appointing a Receiver to Protect Value and Innocent Third Parties (April 16, 2021)
Keith Fogg, Clinical Professor of Law at Harvard Law School, discusses how the ambiguities in federal tax lien IRC 6331 pose problems for the IRS. The Supreme Court has said that Congress could not have written a broader lien than the federal tax lien. In addition to the lien, Congress gave the IRS broad powers … Continue reading Procedurally Taxing: Appointing a Receiver to Protect Value and Innocent Third Parties (April 16, 2021)
KHN: Katheryn Houghton: Getting a Prescription to Die Remains Tricky Even as Aid-in-Dying Bills Gain Momentum (March 30, 2021)
Katheryn Houghton has published her Kaiser Health News article, titled “Getting a Prescription to Die Remains Tricky Even as Aid-in-Dying Bills Gain Momentum." The summary of the article is as follows: Every session of the biennial Montana state legislature since [2009], a lawmaker has proposed a bill to formally criminalize physician-assisted death. Those who back … Continue reading KHN: Katheryn Houghton: Getting a Prescription to Die Remains Tricky Even as Aid-in-Dying Bills Gain Momentum (March 30, 2021)
Taxpayer Advocate Service: TAS Tax Tips: Recovery Rebate Credit and Economic Impact Payment information you might need to know (April 15, 2021)
The Taxpayer Advocate Service has published an article titled “TAS Tax Tips: Recovery Rebate Credit and Economic Impact Payment information you might need to know,” which tells taxpayers how to identify which Economic Impact Payments (EIPs) and Recovery Rebate Credits (RRCs) they are eligible for. The article begins as follows: Economic Impact Payments (EIPs), also … Continue reading Taxpayer Advocate Service: TAS Tax Tips: Recovery Rebate Credit and Economic Impact Payment information you might need to know (April 15, 2021)
Taxpayer Advocate Service: NTA Blog: Taxpayers may file a 2020 superseding return changing their joint filing election to receive the third economic impact payment (April 20, 2021)
The National Taxpayer Advocate Blog has published an article, titled “Taxpayers may file a 2020 superseding return changing their joint filing election to receive the third economic impact payment,” which discusses how taxpayers filing superseding returns that change their election from filing jointly are eligible to claim a Recovery Rebate Credit. The abstract is as … Continue reading Taxpayer Advocate Service: NTA Blog: Taxpayers may file a 2020 superseding return changing their joint filing election to receive the third economic impact payment (April 20, 2021)
Mark Munson and Kayla Murphy (Ruder Ware LLP): IRS Releases Publication on RMDs for Inherited Retirement Benefits (and, of course, creates confusion) (April 19, 2021)
Mark Munson and Kayla Murphy, of Ruder Ware LLP, have made available for download their article, "IRS Releases Publication on RMDs for Inherited Retirement Benefits (and, of course, creates confusion)," published in JDSUPRA. The abstract is as follows: Much to the dismay of the estate planning community, the Internal Revenue Service (IRS) recently released an … Continue reading Mark Munson and Kayla Murphy (Ruder Ware LLP): IRS Releases Publication on RMDs for Inherited Retirement Benefits (and, of course, creates confusion) (April 19, 2021)
Hiroyuki Watanabe: Trust Law Theory in Japan – Controversy as to Fundamental Construction of Trust (December 22, 2020)
Hiroyuki Watanabe, of Waseda University, Faculty of Law, has made available for download his article, “Trust Law Theory in Japan - Controversy as to Fundamental Construction of Trust,” published in SSRN. The abstract is as followed: This paper describes the history of the academic theories on Trusts in Japan, focusing on how the theories have … Continue reading Hiroyuki Watanabe: Trust Law Theory in Japan – Controversy as to Fundamental Construction of Trust (December 22, 2020)
Wealth Strategies Journal 