Do states have the right to tax income earned in other states? That’s one of the issues raised in Comptroller v. Wynne, a Maryland case which the Supreme Court has agreed to hear this year.
Gov. Andrew Cuomo has announced that New York will issue estate tax refunds to those taxpayers who file amended returns as a result of the recent Supreme Court ruling that deemed DOMA unconstitutional.
On Friday, the Supreme Court of the United States granted certiorari on two same sex marriage cases. Those cases include Hollingsworth v. Perry, a challenge to California’s controversial Proposition 8 measure, and a case out of New York, U.S. v Windsor, which considers the constitutionality of the Defense of Marriage Act (DOMA). As noted on…
Days before the Congressional Budget Office (CBO) released its revised figures for the Affordable Care Act (ACA, or the health care act), the spin had already started. Depending on what you read, your take was either that we were approaching the end of the world wherein President Obama and the Supreme Court (SCOTUS) had bankrupted…
My favorite part of tax law and tax policy, after I’ve sorted through it all in my own head, is picking the brains of my readers. I love hearing what other taxpayers think about tax policy and how the interpretations of the readers might differ from my own. That’s the fun part of having a…
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…
So today was the day: SCOTUS has ruled on the Affordable Health Care Act (also called “the health care law” and “Obamacare”). The Supreme Court has backed the entire law on a 5-4 with Chief Justice Roberts as the swing vote. Predictably (well, for tax geeks like me), the decision hinged on a number of…
With the ink barely dry on the Supreme Court ruling striking down most of Arizona’s controversial immigration measures (click here to read the opinion on Scribd), tax professionals were collectively wagging their tongues over another immigration-related measure: the IRS crackdown on Individual Taxpayer Identification Numbers (ITINs). Over the weekend, the IRS announced important changes to…
Charles J. Sigerseth just won an A… or at least a nice note to his professor. Charles’ entry on the statute of limitations issue is one of two winning entries in my legal writing contest. Charles received his paralegal cert of graduation this year from Blackstone Career Institute and is now studying to take the…
Growing up in North Carolina, I’ve seen my share of the inside of a Waffle House or two. In fact, my college roommate and I even had a favorite song on the Waffle House jukebox. I’m not kidding. But alas, as much as I frequented the Waffle House, I was never the kind of customer…