What happens when a taxpayer disagrees with the Internal Revenue Service (IRS)? Some people think that the matter ends there: the IRS always wins, right? Not necessarily. There are a few ways to appeal an action with IRS. Ironically, most of those appeals actions are actually taken up with IRS meaning that if you disagree … Read more
The National Taxpayer Advocate has issued her list of the top 10 most litigated tax issues. The list includes a number of old favorites – like business expenses – and some new issues. Take a look.
If you had the chance to do it over, would you do it again? The decision to go on to law school is an increasingly difficult one. One attorney thinks he has the answer – and he has 1,000 reasons for you to apply somewhere else.
The New York Law School Law Review has announced a call for papers to be published in connection with their upcoming October 4, 2013 symposium, The 100th Anniversary of the Revenue Act of 1913: Marking a Century of Income Tax Law in the United States.
Brett Gibbs is not a likable guy. Together with John Steele, Paul Hansmeier and Paul Duffy, attorneys at Prenda Law (formerly known, among other things, as Steele Hansmeier, PLLC), he made life fairly miserable for thousands of potential defendants. Prenda sought out web users that allegedly downloaded porn illegally. The firm then filed copyright infringement … Read more
Americans now owe an astonishing $956 billion in student loan debt. The rate of student loan debt outpaced inflation last year – and keeps climbing. I should know: I am one of those still working to pay off student loan debt. I borrowed to pay for my education because I couldn’t afford to go otherwise. … Read more
Paying for private school can be painful. Losing the right to ever practice law again has to be worse. And yet, Bruce Paul Golden apparently weighed the two and opted for the latter. The former securities lawyer, who graduated from Harvard Law School in 1969, was recently disbarred by the Supreme Court of Illinois for … Read more
So first things, first. The Supreme Court upheld the Patient Protection and Affordable Care Act (a little background on the Act can be found here). It was a close decision, with the final vote being 5-4. The opinion was delivered by Chief Justice Roberts, who affirmed the decision along with (generally) Justices Breyer, Sotomayor and … Read more
Occasionally my mind is blown by what we can do with technology. Today is totally one of those days. I’m currently on a USAirways flight headed for Las Vegas where I’ll be speaking and mingling with about 1,400 other tax professionals at the Practitioners Symposium and TECH+ Conference in partnership with the Association for Accounting … Read more
Guaranteed $5 million pay packages with no strings. Borrowing from a number of banks to stay afloat. Lavish corporate offices. Unchecked spending. Questionable financials. Another Wall Street meltdown? Not quite. This one is a law firm. And it’s huge. Until recently, Dewey & LeBouef, LLP, (formerly the separate firms of Dewey Ballantine and LeBoeuf, Lamb, … Read more