Taxation & Estate Planning

Atax Issues Call for Tax Research Fellows

Posted on August 26, 2010
The Australian Taxation Studies Program (Atax), University of New South Wales, Sydney, Australia, is seeking two research fellows for 2011: In 2011 Atax will offer two Research Fellowships to international academics and professionals keen to further their research in the field of taxation and related disciplines...

ABA Releases Law Student Tax Challenge Problem

Posted on August 26, 2010
The ABA Tax Section has released the problem (J.D.; LL.M.) and updated rules (J.D.;LL.M.) for the 10th Annual Law Student Tax Challenge: An alternative to traditional moot court competitions, the Law Student Tax Challenge asks two-person teams of students to solve a cutting-edge and complex business problem that might arise...

Johnson: Intermountain and the Importance of Administrative Law in Tax Law

Posted on August 25, 2010
Steve R. Johnson (UNLV) has published Intermountain and the Importance of Administrative Law in Tax Law, 128 Tax Notes 837 (Aug. 23, 2010). Here is the abstract: This report argues that the tax community cannot safely ignore general principles of administrative law...

Maule: Structuring the Introduction to Taxation of Business Entitie Course

Posted on August 25, 2010
Jim Maule (Villanova) has a well-deserved reputation as the Yodaof tax teachers, as he generously shares his insights with both tax faculty (via email discussion groups, exam banks, and PowerPoint banks) and tax students (via CALI exercises). He previously shared on his wonderful tax blog: A 40-Step Guide to Structuring...

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IRS Claims Broke NYC Hipster/Day Trader Owes $172 Million in Back Taxes

Posted on August 25, 2010
The Smoking Gun, IRS Claims Hipster Owes $172 Million: The IRS claims that a Spanish émigré who once lived in a New York City tenement owes it $172 million in back taxes. The federal tax lien was filed last month against Marcos Esparza Bofill, who the IRS claims owes it...

ABA Tax Section Hosts Webcast Today on Tax Strategy Patents After Bilski

Posted on August 25, 2010
The ABA Tax Section offers a teleconference and webcast today on Is This the Beginning or Is It the End? -- Implications of Bilski on Patenting Tax Strategies from 1:00 - 2:30 p.m. EST: Are tax planning methods patentable? This question has concerned tax practitioners for years...

Throw Momma From Her Private Jet?Not From The Train

Posted on August 25, 2010
Forbes, Throw Momma From Her Private Jet?Not From The Train, by Janet Novack: New York Times columnist Paul Krugman famously dubbed the Bush 2001 tax cuts the ?Throw Momma From The Train Act?, because the estate tax was eliminated for just one year?2010...

Virginia Tax Review Publishes New Issue

Posted on August 25, 2010
The Virginia Tax Review has published Vol. 29, No. 3 (Winter 2010): Edward A. Zelinsky (Cardozo), The False Modesty of Department of Revenue v. Davis: Disrupting the Dormant Commerce Clause Through the Traditional Public Function Doctrine, 29 Va. Tax Rev...

TIGTA: IRS Fails to Properly Monitor 25% of Section 527 Political Organizations

Posted on August 25, 2010
The Treasury Inspector General for Tax Administration today released Improvements Have Been Made, but Additional Actions Could Ensure That Section 527 Political Organizations More Fully Disclose Financial Information (2010-10-018): This report presents the result of our review of the filing compliance of Section 527 political organizations...

McCauliff: Wealth, Lobbying and Distributive Justice in the Wake of the Economic Crisis

Posted on August 25, 2010
C.M.A. McCauliff (Seton Hall) has published Didn't Your Mother Teach You to Share?: Wealth, Lobbying and Distributive Justice in the Wake of the Economic Crisis, 62 Rutgers L. Rev. 383 (2010). Here is the abstract: Whether legislative or technological, change is always difficult to envision and accomplish...

Five Tax-Wise Moves for Today's Down Stock Market, Low Interest Rates

Posted on August 25, 2010
Forbes: Five Ways To Freeze Out Uncle Sam, by Deborah L. Jacobs: For those who dare to think ahead, today's down market and low interest rates offer great tax saving opportunities.

Sliced Bagel Tax Riles New Yorkers

Posted on August 25, 2010
Above the Law, Leggo My Bagel: New York State Bagel Tax Could Lead to Open Revolt CNN, Bagelers Decry New York Schmear Tactics Frobes, Wacky Sales Tax Rules Cover More Than New York Bagels Going Concern, Albany Risking Outright Anarchy Enforcing Taxes on Sliced Bagels Heritage Foundation, Slicing the Bagel...

Call for Papers: Pittsburgh Tax Review

Posted on August 24, 2010
The Pittsburgh Tax Review has issued a call for papers: The Pittsburgh Tax Review invites submissions from faculty, judges, and practitioners for inclusion in a syrnposium issue on Pennsylvania tax reform. Papers should explore aspects of the Pennsylvania state and/or local tax systems and suggest potential reforms or improvements...

SSRN Tax Professor Rankings

Posted on August 24, 2010
SSRN has updated its monthly rankings of 663 American and international law school faculties and 1,500 law professors by (among other things) the number of paper downloads from the SSRN data base. Here is the new list (through August 18, 2010) of the Top 25 U...

California AG Jerry Brown Sues 'Tax Lady' Roni Deutch for 'Swindling Thousands of Clients'

Posted on August 24, 2010
California Attorney General (and Democratic gubernatorial candidate) Jerry Brown has filed a $34 million lawsuit against Roni Deutch, claiming that the self-described "Tax Lady" has swindled thousands of customers with tax problems with the IRS. From the press release: Attorney General Edmund G...

McLaughlin & Weeks: Salzburg v. Dowd -- Another Look

Posted on August 24, 2010
Nancy A. McLaughlin (Utah) & W. William Weeks (Indiana-Bloomington) have published Salzburg v. Dowd: Another Look, 33 Wyoming Law. 50 (June 2010). Here is the abstract: This short article discusses the settlement of a case involving the attempted termination of a tax-deductible perpetual conservation easement...

Knaplund: Charity for the 'Death Tax' -- The Impact of Legislation on Charitable Bequests

Posted on August 24, 2010
Kristine S. Knaplund (Pepperdine) has published Charity for the 'Death Tax': The Impact of Legislation on Charitable Bequests, 45 Gonz. L. Rev. 713 (2010). Here is the abstract: The national debate over the federal estate tax has caused fear in American charities over the past ten years, a fear that...

Virginia Tax Review Publishes New Issue

Posted on August 24, 2010
The Virginia Tax Review has published Vol. 29, No. 2 (Fall 2009): Mortimer M. Caplin (Caplin & Drysdale, Washington, D.C.), Commissioner Caplin Reviews His Record as IRS Chief, 29 Va. Tax Rev. 177 (2009) Mary B. Hevener (Morgan Lewis, Washington, D.C...

'Unemployed J.D.? Hunger Striker Reveals Identity in USA Today

Posted on August 24, 2010
Following up on my prior post, Unemployed J.D. Begins Hunger Strike Aimed at 10 Law Schools (Aug. 6, 2010): in Grads Taking Law Schools to Task for Poor Job Market, USA Today identifies the hunger striker as Zenovia N. Evans, 28, of Denver, who markets various law school-related resources on...

Nancy Staudt Posts Papers on SSRN

Posted on August 24, 2010
Tax Prof Nancy C. Staudt (Northwestern) has posted several of her papers on SSRN: The Judicial Power of the Purse: How Courts Fund National Defense in Times of Crisis (An Introduction) Mobilizing Judicial Resources: The Information Theory in Action The Macroeconomic Court: Rhetoric and Implications of New Deal Decision-Making, 5...

Women on Law Review: A Gender Diversity Report

Posted on August 24, 2010
Ms. JD, Women on Law Review: A Gender Diversity Report: Ms. JD collected self-reported gender diversity data from general interest law reviews at the 2009 U.S. News ?Top 50? law schools for the 2008-2010 academic years. The results show that while overall percentages of women members of these law journals...

Seven Income Tax Steps for 2010 Heirs

Posted on August 24, 2010
Forbes: Seven Steps for 2010 Heirs, by Deborah L. Jacobs: Ever since the estate tax lapsed on Jan. 1, there's been a lot of talk about the windfall it's creating for families of wealthy people, including billionaires, who have died in 2010. But behind the scenes, lawyers and accountants are...

Dellinger: Return Preparer Due Diligence and the IRS

Posted on August 23, 2010
Kip Dellinger (Kallman & Co., Los Angeles) has published Return Preparer Due Diligence and the IRS: The Looming Battle, 128 Tax Notes 889 (Aug. 23, 2010). Here is the abstract: In this article, Dellinger discusses IRS due diligence expectations for tax return preparers and suggests that the IRS approach the...

Tax Prof Moves, 2010-2011

Posted on August 23, 2010
VAP Hires Anders Christiansen (Deloitte, New York) to Loyola L.A. (2010-12) Jason Oh (Wachtell, Lipton, Rosen & Katz, New York) to NYU (2010-12) Leigh Osofsky (NYU VAP) to NYU (2010-11) Florie Pellerin-Catellier (Student, NYU International Tax Program) to NYU (2010-12) James Puckett (Alabama VAP) to Seattle (2010-12) Entry Level Hires...

Gays See Complex, Changing Tax Picture

Posted on August 23, 2010
Dow Jones, Gays See Complex, Changing Tax Picture, by Arden Dale: Gay couples are taking one step forward, one step back when it comes to their tax rights. Not to mention sideways. The shifting landscape of new rules and initiatives makes it a big challenge to provide same-sex partners with...

What 1Ls Can Learn From Puppies

Posted on August 23, 2010
Greedy Associates, What 1Ls Can Learn from Puppies: Keep it simple Hang together Be able to fall asleep anywhere If something interests you, chew on it Perfecting that puppy dog look can go a long way Practice play-fighting with your litter-mates

TaxProf Blog Weekend Roundup

Posted on August 23, 2010
Saturday: Cost of Government Day: Aug. 19 U.S. Controlled Subsidiaries and § 965 Mediation as an Alternative Dispute Mechanism to Resolve State Tax Disputes Sunday: Top 5 Tax Paper Downloads The 25 Highest State & Local Sales Tax Rates Segal & Morris: Advice for Americans with Undisclosed Foreign Bank Accounts...

Newton: How Law Profs' Preoccupation with 'Impractical Scholarship' Obstructs Legal Education Reform

Posted on August 23, 2010
Brent E. Newton (Adjunct Professor, Georgetown; Deputy Staff Director, U.S. Sentencing Commission) has posted Preaching What They Don't Practice: Why Law Faculties' Preoccupation with Impractical Scholarship and Devaluation of Practical Competencies Obstruct Reform in the Legal Academy, 62 S...

TIGTA: IRS Lacks Adequate Internal Controls in Spending $203m in Stimulus Funds

Posted on August 23, 2010
The Treasury Inspector General for Tax Administration today released Concerns About Contracting Officer?s Technical Representatives That Are Relevant to the American Recovery and Reinvestment Act of 2009 Procurements (2010-11-087): Procurements that are both awarded and planned by the IRS as part of the American Recovery and Reinvestment Act of 2009...

Philly Imposes $300 Business Privilege Tax on Bloggers

Posted on August 23, 2010
Hot Air NBC Philadelphia Washington Examiner

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