Jack Townsend has made available for download his article, “Supreme Court Denies Cert in FBAR Willful Penalty Case With Justice Gorsuch Dissenting on Excessive Fines Issue,” published on his Federal Tax Crimes blog. The article begins as follows: I previously blogged about United States v. Toth, 33 F.4th 1 (1st Cir. 4/29./22), CA1 here and … Continue reading Federal Tax Crimes: Supreme Court Denies Cert in FBAR Willful Penalty Case With Justice Gorsuch Dissenting on Excessive Fines Issue (January 23, 2023)
The Washington Post: Who is the ‘taxpayer’ and ‘spouse’ in marriages when both work? (January 23, 2023)
The Washington Post has made available for download their article, “Who is the ‘taxpayer’ and ‘spouse’ in marriages when both work?,” which discusses statistics and research surrounding financial norms of heterosexual couples. The article begins as follows: When married couples file a joint tax return, the form asks them to list one partner first and … Continue reading The Washington Post: Who is the ‘taxpayer’ and ‘spouse’ in marriages when both work? (January 23, 2023)
Adam Van Deusen: Creating Client Service Calendars That Demonstrate Ongoing Advisor Value (February 13, 2023)
Adam Van Deusen has made available for download their article, “Creating Client Service Calendars That Demonstrate Ongoing Advisor Value,” published on Kitces. The abstract is as follows: While it can be easy for financial advisors to recognize the wide range of ways they add value for clients throughout the year, clients themselves might not be … Continue reading Adam Van Deusen: Creating Client Service Calendars That Demonstrate Ongoing Advisor Value (February 13, 2023)
Alice Kwak, Jacob Israelsen, Clayton Morrison, Derek E. Bambauer, and Mihai Surdeanu: Validity Assessment of Legal Will Statements as Natural Language Inference (November 15, 2022)
Alice Kwak, Jacob Israelsen, Clayton Morrison, Derek E. Bambauer, and Mihai Surdeanu, of the University of Arizona, have made available for download their article, Validity Assessment of Legal Will Statements as Natural Language Inference , published in Findings of the Association for Computational Linguistics: EMNLP 2022. The abstract is as follows: This work introduces a … Continue reading Alice Kwak, Jacob Israelsen, Clayton Morrison, Derek E. Bambauer, and Mihai Surdeanu: Validity Assessment of Legal Will Statements as Natural Language Inference (November 15, 2022)
Ann Carrns (New York Times): A New Option for Moving Retirement Savings When Switching Jobs (2/10/2023)
Ann Carrns, of the New York Times, has made available for download her article, A New Option for Moving Retirement Savings When Switching Jobs, published in [NAME OF PUBLICATION]. The abstract is as follows: Moving retirement savings when switching jobs is about to get easier for millions of workers with small balances. The changes aim … Continue reading Ann Carrns (New York Times): A New Option for Moving Retirement Savings When Switching Jobs (2/10/2023)
Paul Kiel and Jeff Ernsthausen (ProPublica ):How the Wealthy Save Billions in Taxes by Skirting a Century-Old Law (2/9/2023)
Paul Kiel and Jeff Ernsthausen, of ProPublica, have made available for download their article, How the Wealthy Save Billions in Taxes by Skirting a Century-Old Law, published in ProPublica. The abstract is as follows: At first glance, July 24, 2015, seems to have been a brutal trading day for Steve Ballmer, the former Microsoft CEO. He dumped … Continue reading Paul Kiel and Jeff Ernsthausen (ProPublica ):How the Wealthy Save Billions in Taxes by Skirting a Century-Old Law (2/9/2023)
Peter J Reilly (Forbes): How The Fair Tax Act Of 2023 Might Work (2/7/2023)
Peter J. Reilly, of Forbes Magazine, has made available for download his article, How The Fair Tax Act Of 2023 Might Work, published in Forbes. The abstract is as follows: The Readers Digest version of the Fair Tax Act of 2023 is that it replaces the income tax, payroll taxes that fund Social Security and … Continue reading Peter J Reilly (Forbes): How The Fair Tax Act Of 2023 Might Work (2/7/2023)
TaxNotes – Andrew Blair–Stanek, Nils Holzenberger, Benjamin Van Durme: Shelter Check: Proactively Finding Tax Minimization Strategies via AI (December 27, 2022)
Andrew Blair-Stanek, Nils Holzenberger, Benjamin Van Durme have published an article on Tax Notes, titled “Shelter Check: Proactively Finding Tax Minimization Strategies via AI.” The article begins as follows: In Peracchi,1 the Ninth Circuit addressed what basis a taxpayer had in a note in which he was the debtor. At the end of the opinion, … Continue reading TaxNotes – Andrew Blair–Stanek, Nils Holzenberger, Benjamin Van Durme: Shelter Check: Proactively Finding Tax Minimization Strategies via AI (December 27, 2022)
NY Times: For Freelancers, New Federal Help in Saving for Retirement (January 6, 2023)
Thomas Fuchs, in his New York Times Article, “For Freelancers, New Federal Help in Saving for Retirement,” discusses aspects of the new benefits offered for nontraditional workers in the recently passed Secure 2.0 Act, particularly the option of “saver’s match.” The article begins as follows: Even though many gig workers are financially savvy, many worry … Continue reading NY Times: For Freelancers, New Federal Help in Saving for Retirement (January 6, 2023)
Joshua H. Hernandez & Martha J. Mohs (Reinhart Boerner Van Deuren s.c.): SECURE 2.0 and Its Impact on Defined Contribution Plans (January 6, 2023)
Joshua H. Hernandez and Martha J. Mohs, of Reinhart Boerner Van Deuren s.c., has published an article, “SECURE 2.0 and Its Impact on Defined Contribution Plans,” that discusses provisions within the SECURE 2.0 Act of 2022 that have defining changes on qualified retirement plans. The article begins as follows: In our prior alert, we introduced … Continue reading Joshua H. Hernandez & Martha J. Mohs (Reinhart Boerner Van Deuren s.c.): SECURE 2.0 and Its Impact on Defined Contribution Plans (January 6, 2023)
The Texas Supreme Court Affirms A Summary Judgment For A Fiduciary Defendant Based On The Statute Of Limitations And The Duty To Use Reasonable Diligence To Discover Claims (February 8, 2023)
David Fowler Johnson , in his Texas Fiduciary Litigator Blog, has made available for download his article, titled “The Texas Supreme Court Affirms A Summary Judgment For A Fiduciary Defendant Based On The Statute Of Limitations And The Duty To Use Reasonable Diligence To Discover Claims,” which discusses a recent case resulting in the clarification of … Continue reading The Texas Supreme Court Affirms A Summary Judgment For A Fiduciary Defendant Based On The Statute Of Limitations And The Duty To Use Reasonable Diligence To Discover Claims (February 8, 2023)
Jonathan H. Choi and Ariel Jurow Kleiman: Subjective Costs of Tax Compliance (February 1, 2023)
February 11, 2023 - Nicholas Ward Jonathan H. Choi and Ariel Jurow Kleiman of University of Minnesota Law School and Loyola Law School Los Angeles, respectively, have made available for download their article "Subjective Costs of Tax Compliance." The abstract is as follows: This Article introduces and estimates “subjective costs” of tax compliance, which are … Continue reading Jonathan H. Choi and Ariel Jurow Kleiman: Subjective Costs of Tax Compliance (February 1, 2023)
Charles E. Rounds, Jr. (Suffolk University Law School): Limited Liability in Trust Context: A Black-Letter Synopsis(February 5, 2023)
Charles E. Rounds, Jr., of (Suffolk University Law School), has made available for download his article, Limited Liability in Trust Context: A Black-Letter Synopsis, published in JDSUPRA. The abstract is as follows: As to the parties to a trust relationship, there are two categories of limited liability apropos trust administration: internal and external. Fiduciary liabilities … Continue reading Charles E. Rounds, Jr. (Suffolk University Law School): Limited Liability in Trust Context: A Black-Letter Synopsis(February 5, 2023)
David L.J.M. Skidmore (Warner Norcross + Judd): Appointment of a Guardian Does Not Mean That the Ward Automatically Lacks Testamentary Capacity (February 3, 2023)
David L.J.M. Skidmore, of Warner Norcross + Judd, has made available for download his article, Appointment of a Guardian Does Not Mean That the Ward Automatically Lacks Testamentary Capacity, published in JDSUPRA. The abstract is as follows: People frequently assume that a person for whom a guardian/conservator is appointed automatically loses the right to engage … Continue reading David L.J.M. Skidmore (Warner Norcross + Judd): Appointment of a Guardian Does Not Mean That the Ward Automatically Lacks Testamentary Capacity (February 3, 2023)
The Fiduciary Litigator: Court Granted Mandamus Relief To Order District Court To Abate Trust Dispute Due To Earlier Filed Suit In Probate Court (January 30, 2023)
David Fowler Johnson, in his The Fiduciary Litigator Blog, has made available for download his article, “Court Granted Mandamus Relief To Order District Court To Abate Trust Dispute Due To Earlier Filed Suit In Probate Court.” The article begins as follows: In In re McGowan, a dispute arose regarding whether certain interests in real property … Continue reading The Fiduciary Litigator: Court Granted Mandamus Relief To Order District Court To Abate Trust Dispute Due To Earlier Filed Suit In Probate Court (January 30, 2023)
Fidelity Charitable: Developing Story: Secure Act 2.0 Retirement Provisions
Fidelity Charitable has made available for download their article, “Developing Story: Secure Act 2.0 Retirement Provisions.” The abstract and key points are as follows: On December 29, 2022, the president signed into law the 2023 omnibus appropriations bill. The bill contains Secure Act 2.0 retirement provisions and an expansion of the rules for qualified charitable … Continue reading Fidelity Charitable: Developing Story: Secure Act 2.0 Retirement Provisions
Forbes: State Experimentation With Wealth Taxes (January 31, 2023)
Forbes has published an article, “State Experimentation With Wealth Taxes,” which discusses the future of a federal wealth tax in tax policy. The article begins as follows: The idea of a wealth tax as a panacea for budgetary shortfalls at the federal and state levels has been around since at least the 1930s. Recently, using … Continue reading Forbes: State Experimentation With Wealth Taxes (January 31, 2023)
Tiffany Bentley & Noelle Lussier (Burns & Levinson LLP): Trustee Removal: MUTC v. Trust Document (January 31, 2023)
Tiffany Bentley and Noelle Lussier, of Burns & Levinson LLP, have made available for download their article, “Trustee Removal: MUTC v. Trust Document,” published in JDSUPRA. The abstract is as follows: Just because a trustee was named in a trust document does not necessarily mean they will continue to serve perpetually. Many trust instruments include … Continue reading Tiffany Bentley & Noelle Lussier (Burns & Levinson LLP): Trustee Removal: MUTC v. Trust Document (January 31, 2023)
TaxProf Blog – Lesson From The Tax Court: The Tax Court Is Not Your Advocate (February 6, 2023)
February 6, 2023-Nicholas Ward Bryan Camp has published an article on the TaxProf Blog, titled “Lesson From The Tax Court: The Tax Court Is Not Your Advocate" which discusses Robert B. Lucas v. Commissioner. The article begins asfollows: Today I present two lessons. First, we learn why diabetes is not a per se disability sufficient to avoid penalties … Continue reading TaxProf Blog – Lesson From The Tax Court: The Tax Court Is Not Your Advocate (February 6, 2023)
Nina Olson (Procedurally Taxing): Racial Disparities in IRS Audits (January 31, 2023)
Nina Olson, Executive Director of the Center for Taxpayer Rights, has made available for download her article, “Racial Disparities in IRS Audits,” published in the Procedurally Taxing blog. The abstract is as follows: Following up on Les’ post yesterday about the upcoming symposium on race and taxes, I want to draw our readers attention to … Continue reading Nina Olson (Procedurally Taxing): Racial Disparities in IRS Audits (January 31, 2023)
Wealth Strategies Journal 