Tax Law

Pay Attention: CPA serves up financial tips for lawyers

In this episode of the ABA Journal’s Asked and Answered podcast, Senior Writer Stephanie Francis Ward talks to New York CPA Gary DuBoff about how to live within your means, how to figure out your set costs, and how to budget with what’s left over.

Sep 30, 2019 6:30 AM CDT

ABA hosts first-ever cannabis and hemp law conference

The ABA ventured into a complex legal field last week with what organizers say was its first national conference on cannabis and hemp law. “I realized that we’re on the cutting edge with this program,” John McMeekin II, chair-elect of the ABA Tort Trial and Insurance Practice Section and a…

Sep 25, 2019 12:40 PM CDT

Afternoon Briefs: Jones Day explains redaction flub; lawyer copyrights daughter’s crayon artwork

Jones Day apologizes for redaction error that exposed grand jury info Jones Day has taken responsibility for a redaction error and apologized to a federal judge who ordered the firm to show cause why it shouldn’t be sanctioned. Law360 had discovered that the redactions could be read by cutting and…

Sep 16, 2019 4:12 PM CDT

Former tax attorney sent to prison for tax evasion of over $2M

A former tax attorney from the Indianapolis area has been sentenced to 30 months in prison after pleading guilty to tax evasion of more than $2.4 million.

Sep 6, 2019 12:49 PM CDT

Chemerinsky: Does precedent matter to conservative justices on the Roberts Court?

How much does the Roberts Court care about precedent and stare decisis? Ultimately, this will be crucial as the U.S. Supreme Court reconsiders issues such as abortion, affirmative action, and gay and lesbian rights.

Jun 27, 2019 6:00 AM CDT

Cake incident was ‘breaking point’ for marginalized general counsel, her $20M bias lawsuit says

The former general counsel of data analytics company ExlService Holdings has filed a lawsuit contending that she was marginalized, micromanaged and disrespected by the company’s overwhelmingly male leadership. Former general counsel and executive vice president Nancy Saltzman alleges that Exl CEO Rohit Kapoor excluded her from career opportunities and gave…

Apr 30, 2019 1:58 PM CDT

Trump’s sister, a federal appeals judge, resigns amid ethics inquiry

A judicial ethics probe of President Donald Trump’s older sister, Circuit Judge Maryanne Trump Barry, has ended with her retirement from the federal judiciary. Four individuals had filed ethics complaints against Barry in October 2018 based on a New York Times report on “dubious tax schemes” by Donald Trump and…

Apr 11, 2019 9:15 AM CDT

As America’s population ages, demand for elder law attorneys grows

Updated: As the U.S. population continues to get older, more attorneys are entering the field of elder law or expanding their practice to provide elder law services.

Mar 27, 2019 6:30 AM CDT

Judge strikes down entire health care law because of Congress’ elimination of tax penalty

The Affordable Care Act’s individual mandate requiring Americans to maintain health insurance coverage is no longer constitutional after Congress’ effective elimination of the tax penalty for failure to comply, a federal judge has ruled.

Dec 17, 2018 9:19 AM CST

Michael Cohen says he’s free from ‘personal and mental incarceration’ before getting 3-year sentence

President Donald Trump’s former lawyer, Michael Cohen, told a Manhattan federal judge on Wednesday that he has been “living in a personal and mental incarceration” since the day he began working for Trump. Cohen, 52, said his weakness was “a blind loyalty to Donald Trump,” but he had moved forward.…

Dec 12, 2018 1:00 PM CST

Panama Papers leak that shuttered law firm leads to US indictment of lawyer, three others

A Massachusetts accountant and a Panamanian lawyer are among four people charged in a federal indictment stemming from the so-called Panama Papers leak of hacked legal documents.

Dec 5, 2018 2:55 PM CST

Former Foley & Lardner partner is suspended for falsifying documents

A former partner at Foley & Lardner has been suspended for two years for misleading the IRS with falsified documents. The Wisconsin Supreme Court suspended former trusts and estates partner Adam Wiensch in an Oct. 16 opinion, report the American Lawyer, the Legal Profession Blog and the Milwaukee Journal Sentinel.…

Oct 18, 2018 12:15 PM CDT

NY state tax department reviewing Trump fraud allegations outlined in investigative report

The New York State Department of Taxation and Finance is reviewing allegations in a New York Times investigative article that concludes President Donald Trump participated in “dubious tax schemes” including “instances of outright fraud” during the 1990s. James Gazzale, a department spokesman, said the agency “is reviewing the allegations” in…

Oct 3, 2018 10:38 AM CDT

Rap mogul’s ex-lawyer arrested for allegedly depositing a stolen tax refund check worth over $1M

A Los Angeles lawyer who once represented rap mogul Marion “Suge” Knight was arrested Monday for allegedly depositing a stolen tax refund check for more than $1 million. Thaddeus Julian Culpepper, 44, was charged with bank fraud in a criminal complaint, according to a press release by the U.S. Attorney’s…

Oct 2, 2018 11:00 AM CDT

Michael Cohen pleads guilty to campaign finance violations, tax and bank fraud

Updated: Michael Cohen, the former personal lawyer and so-called fixer for President Donald Trump, pleaded guilty to eight counts of campaign finance violations and bank and tax fraud after surrendering to the FBI on Tuesday.

Aug 21, 2018 4:36 PM CDT