The special counsel’s office is opposing motions to dismiss the tax-fraud and gun indictments against Hunter Biden, the son of President Joe Biden, arguing that a presidential pardon does not require it.
The ABA is looking for volunteers to go to Alaska. The ABA Section of Taxation recently launched its Alaska Volunteer Income Tax Assistance Project, a pro bono initiative that will take six attorneys to prepare tax returns in remote villages in the state.
Take-home pay is only slightly higher for some newly promoted nonequity partners because their law firms treat them as equity partners for tax purposes.
Law firm financials have improved for seven consecutive quarters, leading to a profitability score that is the second highest on record for the Law Firm Financial Index since its inception more than 15 years ago.
Updated: The former general counsel at the Moody's Corp., a financial services company, was sentenced to eight months in prison last week for failing to file tax returns while earning $54 million.
A former partner at Husch Blackwell and Dykema Gossett has been sentenced to 16 months in federal prison after pleading guilty to two misdemeanors for failing to pay $2.46 million in taxes.
A lawyer who countersued McElroy, Deutsch, Mulvaney & Carpenter for defamation and retaliation may add a malicious prosecution claim to the action, a New Jersey judge has ruled.
A Chicago lawyer sentenced to prison for bank embezzlement Tuesday interrupted the judge throughout the proceeding and claimed that the case against him “is an evil that’s going on here.”
Duane Morris reduces business expenses and tax obligations for equity partners by shifting some of the burdens to lawyers who carry the partner title but have no equity or power in the law firm, according to a lawsuit filed Wednesday.
Lawyers defending Hunter Biden, the son of President Joe Biden, say they misused just one word in a motion to dismiss a special counsel’s tax evasion case, and they are not deserving of sanctions.
The former chief financial officer of McElroy, Deutsch, Mulvaney & Carpenter was sentenced to five years in state prison Friday for embezzling more than $1.5 million from his law firm and evading state income taxes.
Under a Biden administration program the Justice Department plans to unveil within weeks, authorities will offer whistleblowers who provide tips that lead to successful prosecutions a percentage of the resulting penalties and fees—an amount that could total millions of dollars.
The Supreme Court on Thursday rejected a challenge to an obscure provision of President Donald Trump’s 2017 tax package, ending a lawsuit that many experts feared could destabilize the nation’s tax system.
