ABA Journal

Tax Law

839 ABA Journal Tax Law articles.

Baker McKenzie is ‘architect and pillar’ of offshore system that hides wealth, Pandora Papers report says

Baker McKenzie fought proposals to strengthen financial oversight and tax laws in its lobbying for large banks and technology companies, according to Pandora Papers reporting by the International Consortium of Investigative Journalists and its media papers.

Oscar Stilley, the convicted lawyer who sued a Texas abortion doctor, was disbarred over litigation conduct

The disbarred lawyer who filed a suit seeking a bounty against a Texas abortion doctor has a long history of lawsuits against government officials in his home state of Arkansas.

Trump sues niece for disclosing his tax records and the New York Times for encouraging it

Former President Donald Trump filed a lawsuit Tuesday against the New York Times and Mary Trump, his niece, that seeks at least $100 million in damages for her disclosure of his tax records to the newspaper.

Deloitte is monitoring changes to law firm ownership rules, but isn’t planning to begin law practice here

Deloitte isn’t ready to enter the practice of law in the United States, despite changes to law firm ownership rules in some states, according to a leader of the accounting firm.

House committee can access some Trump financial records from accounting firm, judge rules

A federal judge in Washington, D.C., ruled Wednesday that a House committee can access some financial records for former President Donald Trump and his company through a subpoena issued to his accounting firm.

Treasury must provide Congress with Trump’s tax returns, Justice Department says in legal opinion

The U.S. Treasury Department must turn over former President Donald Trump’s tax returns to Congress because it has provided facially valid reasons for the request, according to an opinion released…

Should you incorporate your firm as an S corporation?

The business entity you select for your firm has enormous implications for your annual tax liability. In addition, determining whether to make additional tax elections with the IRS can be one of the more confusing aspects when establishing a law firm. Which structure is right when you start your firm? Should you start with one structure and modify it down the line? What tax advantages could you gain from a change?

4th Circuit dismisses Baltimore attorney’s suit against SPLC over ties to white supremacist group

Southern Poverty Law Center articles that publicized a Baltimore attorney’s connection to a white supremacist group are protected under the First Amendment, a federal appeals court ruled Monday.

Trump Organization says CFO is ‘pawn’ for politics in criminal prosecution; indictment alleges tax fraud

Updated: The Trump Organization and its chief financial officer, Allen Weisselberg, have been charged with a 15-year scheme to defraud tax authorities by awarding off-the-books compensation to corporate officials.

Tax charges don’t deter ADA lawyer, who filed a thousand access complaints after indictment

Sacramento, California, lawyer Scott Johnson has filed more than a thousand disability access complaints in the San Francisco Bay Area since his May 2019 indictment on tax charges.

Afternoon Briefs: Kristen Clarke confirmed as DOJ civil rights chief; SCOTUS chief justice speaks to law grads

Senate confirms Kristen Clarke

The U.S. Senate on Tuesday confirmed Kristen Clarke to head the Department of Justice’s Civil Rights Division on a 51-48 vote. Clarke was president and…

Legal malpractice payouts are the highest on record, insurance broker reports

Payouts for legal malpractice claims are at an all-time high, according to a new survey by insurance broker Ames & Gough. Ames & Gough surveyed 11 leading legal malpractice insurers about claims paid from 2019 to the middle of 2020.

Afternoon Briefs: Multistate suit challenges coronavirus relief provision; Crowell combines with boutique

Lawsuit challenges tax provision in COVID-19 relief bill

Ohio Attorney General Dave Yost has filed a lawsuit challenging a tax provision in the $1.9 trillion coronavirus relief package. The provision…

Supreme Court refuses to block subpoena for Trump’s financial records

The U.S. Supreme Court on Monday turned down former President Donald Trump’s emergency request to block a subpoena for his tax and financial records.

Still no action from SCOTUS on Trump’s emergency request for subpoena relief in tax records case

The U.S. Supreme Court is taking its time with an emergency request by former President Donald Trump to block a subpoena for his tax records.

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