Georges Briguet, the owner of New York restaurant Le Perigord, pleaded guilty to one count of corruptly endeavoring to obstruct the IRS by concealing the existence of his Swiss bank accounts.

New York City's new pied-à-terre surcharge introduces a "renovation gap" that may unexpectedly impact property owners during major construction projects. Partners Alexandra Wald and Nicholas Kaiser analyze why owners of properties that cannot be legally occupied during renovations may still face the surcharge, and what stakeholders should consider to navigate this complex issue.

NOL Provisions (Video)

Ofer Lion was quoted in a December 3 story from Tax Notes Today entitled "Court Wrangling Persists Over California Donor Disclosure Rule" on upcoming arguments...

On May 24, Oklahoma Gov. Mary Fallin signed legislation authorizing and directing the Oklahoma Tax Commission to administer a tax amnesty program, termed a "Voluntary Disclosure Initiative,"...

Rev. Proc. 2022-38, 2022-45 IRB 1, makes various 2023 inflation adjustments.

Wendy G. Rothstein was featured in the Law360 article, "School District Targeting Apts. For Taxes, Pa. Justices Told."

The tax structure for a foreign company coming to the US is essential to making sure the transaction is tax-free.

The bill is now expected to be released tomorrow.

House Ways and Means Committee Chairman Kevin Brady announced that the House's tax reform bill will be released next week on November 1.

Despite the political controversy swirling around the firing of James Comey and the appointment of a special prosecutor, the White House and Republicans are determined to push forward with tax reform.

The Texas Court of Appeals, Fourth District, recently affirmed a District Court decision which determined that a taxpayer was not entitled to include a payment into an asbestos settlement trust fund...

Texas Gov. Greg Abbott signed legislation June 1, 2017 expanding the definition of qualified employment used to determine eligibility for the state sales and use tax exemption for qualifying data center projects.

In representing a taxpayer interested in purchasing a business, it is important for tax counsel to understand, in simple terms, what each party is seeking to accomplish.

Alan C. Klein and Randall W. Johnson were featured in the Law360 article, "The Laterals Audit: Tax Attorney Moves In November."

In response to France's Digital Services Tax (DST), the Office of the U.S. Trade Representative (USTR) proposed additional ad valorem duties of up to 100 percent

The Trade Facilitation and Trade Enforcement Act of 2015, signed into law by the president on Feb. 24, increases the minimum penalty under Section 6651(a), for failing to timely file a tax return or pay tax, from $135 to $205.

Jason Kleinman published an article in the American Bar Association's Real Property, Trust and Estate Law Journal on trust decanting. Jason's article describes why decanting or modifying a trust should not be a taxable event.

Last week we wrote in our blog that the House Tax Cuts and Job's Act (TCJA) appeared to override IRS guidance that wind developers relied on to show that they started construction ...

Attorney David C. Tingstad explores the critical role of EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) in determining business valuation within Washington State. This webinar examines how this financial metric serves as a foundational tool for establishing fair market value in business transactions and legal proceedings. Understanding EBITDA's application can significantly impact negotiations, sales, and dispute resolutions involving business worth.