Tax Law

Read Wills, Trusts, & Estate Planning updates, articles, and legal commentary from leading lawyers and law firms:

News & Analysis as of May 23, 2013

Tax Talk -- Volume 5, No. 4 -- January 2013

by David de Ruig, Stephen Feldman, David Goett, Thomas Humphreys, Meimay Law, Anna T. Pinedo, Remmelt Reigersman | Morrison & Foerster LLP on 1/28/2013

In This Issue: Fiscal Cliff Diving a.k.a. American Taxpayer Relief Act; CoCo Developments; Tax Effect of Money Market Fund Proposals; IRS Issues Final Regulations on Publicly Traded Property; Assessment of Income from...more

Now That the Election Is Over, How Do You Plan for 2013’s New Tax on Investment Income?

by Kevin R. Ghassomian | Dinsmore & Shohl LLP on 12/19/2012

Originally published in Daily Tax Report on December 3, 2012. President Obama’s re-election and the Democrats’ retained control of the Senate mean that a repeal of the Patient Protection and Affordable Care Act before...more

Unpaid Federal Taxes, Lead to Federal Tax Liens

by CJ (Candida) Griffin, Esq. on 2/22/2012

Proving that celebrities are not above the law, the IRS recently served rapper Lil’ Kim with a tax lien for allegedly dodging more than $1 million in taxes. While it is celebrity tax stories that most often make the...more

Regression Models and Discount for lack of Marketability

by Ashok Abbott on 2/15/2012

Recent publication of the Discount for Lack of Marketability(DLOM) Job aid for IRS Valuation Professionals has brought fresh scrutiny to the various methods used by valuation practitioners for determining discount for lack of...more

High Net Worth Family Tax Report, Vol. 6, No. 2

by Loeb & Loeb LLP on 8/3/2011

In This Issue: Table of Contents: California Enacts Legislation Requiring Out-of-State Retailers to Collect Use Tax; SEC Finalizes Rules Exempting Family Offices from Requirement to Register as Investment Adviser;...more

Mofo Tax Talk - Volume 3, No. 4 - January 18, 2011

by Morrison & Foerster LLP on 1/18/2011

In this issue: 2010 Tax Relief Act; Knock-Out Option Treated as Direct Ownership of Underlying; Tax System Overhaul Recommended by Deficit Reduction Commission; Proposed Regulations Clarify and Expand Scope of “Publicly...more

Two More Reasons to Consider Converting Your IRA to a Roth IRA Before Year End

by Cole Schotz on 11/2/2010

This year – 2010 – has been the year of the Roth IRA, with new rules in place permitting taxpayers in any income tax category to convert their traditional IRAs to Roth IRAs. There has been a plethora of discussion and...more

Recent Economic Developments Affecting Your Personal Planning By Kathleen A. Ryan, Esq. Kimberly I. McCarthy, Esq. Megan C.N....

by Partridge Snow & Hahn LLP on 1/10/2009

Excellent Estate Planning Opportunities in the Current Market: Due to exceptionally low interest rates, it is a great time to remove certain assets expected to appreciate in the future (such as marketable securities and...more