Forbes has published an article, “Crunch Time: A Tax Update On The Infrastructure and Budget Bills”, which discusses the current state of several bills currently held up in Congressional proceedings The article begins as follows:  When we last checked in on Congress in August, at the top of the House's to-do list were two record-breaking bills: … Continue reading Forbes: A Tax Update On The Infrastructure and Budget Bills (October 7, 2021)

Paul Caron has published an article on the TaxProfBlog, titled "South Dakota's Tax Avoidance Schemes Represent Federalism At Its Worst", which discusses the release of the Pandora Papers and ways both Congress and states themselves can react in order to mitigate the negative effects discussed in the papers from being repeated in the future. The … Continue reading TaxProfBlog – South Dakota’s Tax Avoidance Schemes Represent Federalism At Its Worst (October 8, 2021)

Forbes has published an article, “More Offshore Account Prosecutions For Secret Accounts Seeking Heavy Prison Time”, which discusses the harsh penalties the IRS and U.S. Justice Department continue to give out to individuals who intentionally evade taxation through offshore accounts. The article begins as follows: These days, the IRS and Justice Department seem more intent … Continue reading Forbes: More Offshore Account Prosecutions For Secret Accounts Seeking Heavy Prison Time (September 29, 2021)

Daniel J. Hemel of University of Chicago - Law School and Robert Lord of Americans for Tax Fairness have made available for download their article, "Closing Gaps in the Estate and Gift Tax Base," published in SSRN. The abstract is as follows: Three transfer tax minimization mechanisms—zeroed-out grantor retained annuity trusts (GRATs), intentionally defective grantor … Continue reading Daniel J. Hemel and Robert Lord: Closing Gaps in the Estate and Gift Tax Base (August 13, 2021)