TaxProfBlog – WSJ: Why So Many Accountants Are Quitting (January 3, 2023)

Paul Caron has published an article on the TaxProf Blog, titled “WSJ: Why So Many Accountants Are Quitting,” which discusses reasons as to why the job market for accounting has become increasingly less desirable, and upcoming initiatives meant to reinvent the field’s image. The article begins as follows: More than 300,000 U.S. accountants and auditors … Continue reading TaxProfBlog – WSJ: Why So Many Accountants Are Quitting (January 3, 2023)

Bloomberg Tax: From Crypto to Sales Taxes, a Look at State Taxation for 2023 (December 19, 2022)

Bloomberg Tax presents in-depth observations into four categories of state and local taxation for the upcoming 2023 fiscal year that litigators should seek to direct their focus toward. The article begins as follows: Gary C. Bingel of EisnerAmper previews some of the areas of state and local taxes that are most ripe for guidance and … Continue reading Bloomberg Tax: From Crypto to Sales Taxes, a Look at State Taxation for 2023 (December 19, 2022)

Florida Probate & Trust Litigation Blog: FY 2020-21 Probate Court Filing Statistics: How busy are our probate judges? (January 1, 2023)

Juan C. Antúnez, in his Florida Probate & Trust Litigation Blog, discusses two key methods on how to easier facilitate the time of Probate court filings noted from his observations of the FY 2020-21 Probate Court Statistical Reference Guide. The article begins as follows: If you make your living in and around our probate courts … Continue reading Florida Probate & Trust Litigation Blog: FY 2020-21 Probate Court Filing Statistics: How busy are our probate judges? (January 1, 2023)

Frank Baldino (Lerch, Early & Brewer LLP): Revocation of Revocable Trust was Fraudulent Transfer (December 30, 2022)

Frank Baldino, of Lerch, Early & Brewer LLP, has made available for download their article, “Revocation of Revocable Trust was Fraudulent Transfer,” published in JDSUPRA. The abstract is as follows: This article first appeared in the December 2022 Edition of the Estate Planning Journal. In JPMorgan Chase Bank, N.A. v. Winget, the United States Court … Continue reading Frank Baldino (Lerch, Early & Brewer LLP): Revocation of Revocable Trust was Fraudulent Transfer (December 30, 2022)

Forbes: The SECURE 2.0 Act’s Impact on Roth IRAs (December 22, 2022)

Forbes has published an article, “The SECURE 2.0 Act’s Impact on Roth IRAs,” which discusses the impacts Roth IRAs will experience as a result of the SECURE 2.0 Act and how to adjust one’s plans accordingly to these effects. The article begins as follows: As a special Christmas present to all of us, the Secure … Continue reading Forbes: The SECURE 2.0 Act’s Impact on Roth IRAs (December 22, 2022)

TAS Tax Tip: TAS shares tips to help taxpayers prepare tax returns without issues that cause return processing errors and refund delays (December 29, 2022)

The National Taxpayer Advocate has made available for download their article, “TAS Tax Tip: TAS shares tips to help taxpayers prepare tax returns without issues that cause return processing errors and refund delays,” published in The National Taxpayer Blog. The abstract is as follows: TAS will launch a Pre-Filing Season Awareness outreach campaign in January.  … Continue reading TAS Tax Tip: TAS shares tips to help taxpayers prepare tax returns without issues that cause return processing errors and refund delays (December 29, 2022)

Forbes: 5 RMD Changes Looming With Passage of SECURE 2.0 Act (December 22, 2022)

Forbes has published an article, “5 RMD Changes Looming With Passage Of SECURE 2.0 Act,” which discusses five provisions in the Secure 2.0 Act that holds the most influence in changing required minimum distributions (RMDs) policies. The article begins as follows: Back when the SECURE Act passed in 2019, I wrote an article for Forbes … Continue reading Forbes: 5 RMD Changes Looming With Passage of SECURE 2.0 Act (December 22, 2022)

Albert Feuer: What is Complete Estate Planning for a Proprietor’s 401(k) Plan Benefits? (December 15, 2022)

Albert Feuer, of Law Offices of Albert Feuer, has made available for download his article, “What is Complete Estate Planning for a Proprietor’s 401(k) Plan Benefits?,” published in the NYSBA Trust & Estates Journal, Vol. 55 No. 4 (2022). The abstract is as follows: The estate planning of an individual who owns a professional or … Continue reading Albert Feuer: What is Complete Estate Planning for a Proprietor’s 401(k) Plan Benefits? (December 15, 2022)

Victoria J. Haneman: Dynasty 529 Plans and Structural Inequality (March 12, 2022)

Victoria J. Haneman, of Creighton University- School of Law, has made available for download her article, “Dynasty 529 Plans and Structural Inequality,” published in Washburn Law Journal, 2022. The abstract is as follows:  The tax advantages available through 529 accounts, such as the potential for perpetual tax-free growth, have been maximized by the wealth defense … Continue reading Victoria J. Haneman: Dynasty 529 Plans and Structural Inequality (March 12, 2022)

Forbes: SECURE 2.0 Passes —- Here’s What It Means To Your Retirement (December 23, 2022)

Forbes has published an article, “SECURE 2.0 Passes —- Here’s What It Means To Your Retirement,” which discusses how the recently passed SECURE 2.0 Act influences retirement planning and analyzes the future implication of these changes for retirement savers. The article begins as follows: In the dark of the night, snuggled within the 4,000+ page … Continue reading Forbes: SECURE 2.0 Passes —- Here’s What It Means To Your Retirement (December 23, 2022)

NTA Blog: Heard Loud and Clear: IRS Postpones Implementation of $600 Form 1099-K Reporting by a Year (December 27, 2022)

The National Taxpayer Advocate has made available for download their article, “Heard Loud and Clear: IRS Postpones Implementation of $600 Form 1099-K Reporting by a Year,” published in The National Taxpayer Blog. The abstract and key-points are as follows:  As a result of taxpayer confusion, lack of clear guidance, concerns about the existing backlog, and … Continue reading NTA Blog: Heard Loud and Clear: IRS Postpones Implementation of $600 Form 1099-K Reporting by a Year (December 27, 2022)

Forbes: Secure 2.0 Act Allows Later Distribution of IRAs (December 27, 2022)

Forbes has published an article, “Secure 2.0 Act Allows Later Distribution of IRAs,” which discusses the benefits of the recently passed Secure 2.0 Act, specifically in regards to Qualified Charitable Distributions (QCDs), and how taxpayers can strategically take advantage of this development. The article begins as follows: Congress has passed legislation benefitting savers who have … Continue reading Forbes: Secure 2.0 Act Allows Later Distribution of IRAs (December 27, 2022)

Forbes: Pay IRS Penalties or Show Reasonable Cause (December 15, 2022)

Forbes has published an article, “Pay IRS Penalties or Show Reasonable Cause,” which discusses the components of the reasonable cause exception. The article begins as follows: Taxpayers claim that IRS penalties are not warranted for many reasons. One of the biggest and most misunderstood is the defense that a tax position was based on reasonable … Continue reading Forbes: Pay IRS Penalties or Show Reasonable Cause (December 15, 2022)

LexBlog: Automations Are Key to Reducing Law Firm Errors (December 15, 2022)

Zack Glaser has made available for download their article, “Automations Are Key to Reducing Law Firm Errors,” published on the LexBlog. The abstract is as follows: Automations can be a great help to any law firm. They can reduce errors, decrease needed effort, and even manage workflows. Yet, most offices don’t automate as effectively as … Continue reading LexBlog: Automations Are Key to Reducing Law Firm Errors (December 15, 2022)

NY Times: The Rich Get College Subsides While the Student Debt Debate Goes On (December 13, 2022)

Ron Lieber, in his New York Times article, discusses the implications of student loan forgiveness in the context of “Dynasty” 529 saving plans. His article, “How Rich Families Pay for College Using ‘Dynasty’ 529 plans,” begins as follows: Ron has been writing about 529 plans for at least 18 years and will start paying for … Continue reading NY Times: The Rich Get College Subsides While the Student Debt Debate Goes On (December 13, 2022)

David Reidel and Kathryn Windsor (Alder Pollock & Sheehan P.C.): A Spouse’s Inheritance Rights Vary State by State (December 12, 2022)

David Reidel and Kathryn Windsor, of Alder Pollock & Sheehan P.C., “A Spouse’s Inheritance Rights Vary State by State,” published in JDSUPRA. The abstract is as follows: If you’re preparing to get remarried, your estate plan likely isn’t top of mind. However, depending on the state you live in, your spouse has property rights that … Continue reading David Reidel and Kathryn Windsor (Alder Pollock & Sheehan P.C.): A Spouse’s Inheritance Rights Vary State by State (December 12, 2022)

TaxProfBlog – Lesson From The Tax Court: Taxpayers Behaving Badly 2022 (December 12, 2022)

Bryan Camp has published an article on the TaxProf Blog, titled “Lesson From The Tax Court: Taxpayers Behaving Badly 2022,” which presents TaxProf Blog’s customary ‘shake my head’ (SMH) facts of the year.  As is now customary, my last new blog of the year is a list of some of the cases I read during … Continue reading TaxProfBlog – Lesson From The Tax Court: Taxpayers Behaving Badly 2022 (December 12, 2022)

Matthew Peters and Cody Shultz (Guidepost Solutions LLC): Why Family Offices Turn to Embedded Security Managers for Security, Safety, and Peace of Mind (December 13, 2022)

Matthew Peters and Cody Shultz, of Guidepost Solutions LLC, have made available for download their article, “Why Family Offices Turn to Embedded Security Managers for Security, Safety, and Peace of Mind,” published in JDSUPRA. The abstract is as follows: A recent Forbes article details the significant growth of family offices worldwide, particularly in North America. … Continue reading Matthew Peters and Cody Shultz (Guidepost Solutions LLC): Why Family Offices Turn to Embedded Security Managers for Security, Safety, and Peace of Mind (December 13, 2022)

Reid K. Weisbord: Trust Law’s Public Policy Doctrine: Major Policy Fault Lines, Aggressive Home Rule Legislation, and Implications for Conflicts Reform (November 16, 2022)

Reid K. Weisbord, of Rutgers Law School, has made available for download his article, “Trust Law’s Public Policy Doctrine: Major Policy Fault Lines, Aggressive Home Rule Legislation, and Implications for Conflicts Reform,” published in Tulane Law Review, Forthcoming. The abstract is as follows: Trust law is highly deferential to settlor intent, however, under the public … Continue reading Reid K. Weisbord: Trust Law’s Public Policy Doctrine: Major Policy Fault Lines, Aggressive Home Rule Legislation, and Implications for Conflicts Reform (November 16, 2022)

Open AI’s Assistant and Andrew M. Perlman: The Implications of OpenAI’s Assistant for Legal Services and Society (December 5, 2022)

Open AI’s Assistant and Andrew M. Perlman, of Suffolk University Law School, has made available for download her article, “The Implications of Open AI’s Assistant for Legal Services and Society,” published in SSRN. The abstract is as follows:  On November 30, 2022, OpenAI released a chatbot called ChatGPT. To demonstrate the chatbot’s remarkable sophistication and … Continue reading Open AI’s Assistant and Andrew M. Perlman: The Implications of OpenAI’s Assistant for Legal Services and Society (December 5, 2022)