After reviewing DVDs of exotic dancers, an administrative law judge has determined that pole dancing is “no small feat”—and it’s also art qualifying for a tax exemption.
In the wake of unprecedented emergency federal spending to deal with the nation’s dismal economy, the Obama administration is now asking financial experts to help figure out how to increase…
A senior member of Congress who was elected in California has reportedly saved $3,853 in 2007 and 2008 taxes by claiming a home in Maryland as his principal residence. And…
Harvard law professor Laurence Tribe says a high tax on bonuses paid to executives by companies receiving bailout funds could likely be structured in a way to avoid constitutional problems.
There’s growing public outrage over news that some $165 million of a taxpayer-funded $180 billion bailout of American International Group is being paid out in bonuses to those who helped…
Those who suffered extensive longtime losses under Bernard Madoff’s alleged $50 billion Ponzi scheme aren’t likely to see most of their money again, at least anytime soon.
Few movies involve taxes as a central plot element, but that hasn’t stopped members of the TaxProf Listserv from offering their tax film recommendations for law students.
Attorney General Eric Holder indicated a few weeks back that the Drug Enforcement Administration will end raids on medical marijuana clinics, but the U.S. Attorney’s Office in Los Angeles appears…
A former commissioner of the Internal Revenue Service is taking on a new role advising whistle-blowing clients of the Dallas-based law firm Baron & Budd.
Contending that a Swiss bank’s plan to name client names to U.S. regulators as part of a $780 million settlement of a criminal tax probe violates Switzerland law requiring secrecy,…
A federal appeals court has ruled trial judges may increase awards to compensate for taxes a plaintiff will have to pay on lump-sum awards for back pay.
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