Although senators on both sides of the aisle agree that an alternative minimum tax fix is needed, they stalled today on efforts to work together to craft an acceptable resolution…
The U.S. Supreme Court has ruled that federal courts may consider challenges to state accounting formulas used to value railroad property for tax purposes.
Crusading civil rights lawyer Stephen Yagman was sentenced Tuesday to three years in prison for federal tax evasion, bankruptcy fraud and money laundering.
The superrich have already made out like bandits under current tax law during the past 20 years. So the last thing Congress should do is further enhance their financial good…
A so-called patch to prevent tens of millions of middle-income Americans from being hit with the “dreaded” alternative minimum tax on their 2007 returns was approved by the U.S. House…
For the first time in more than five years, it appears unlikely that Congress will enact a so-called temporary patch to prevent the alternative minimum tax from hitting unwary middle-class…
The concept is already working: A list of California’s 250 worst tax scofflaws contains only 224 names, because 26 scurried to ante up before their identities were posted.
When the IRS levied a New York personal injury firm to collect $1.2 million that partner A. Sheldon Edelman allegedly owed in unpaid taxes, Edelman—who was responsible for handling firm…
The ABA Journal wants to host and facilitate conversations among lawyers about their profession. We are now accepting thoughtful, non-promotional articles and commentary by unpaid contributors.