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On August 5, 2011, the Internal Revenue Service issued two pronouncements related to the estates of persons who died in 2010.

The Republican House and Senate gains in the recent elections increase the likelihood that we will see legislation before the end of the year extending in some manner the Bush tax cuts.

On June 22, 2011, to implement provisions of Title IV of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (the "Dodd-Frank Act") that apply to the creation of certain exemptions for advisers to venture capital funds

The enactment of the One Big Beautiful Bill Act (OBBBA) has ushered in significant tax legislation based predominantly on the Trump administration's stated priorities.

The Federal Trade Commission and Department of Justice recently announced revisions to the Hart-Scott-Rodino Act’s premerger notification rules.

As of the beginning of August, Congress has not passed any of the tax legislation that has been expected.

A discussion on the Supreme Court's decision in Behrend , it's subsequent remand of the Sixth Circuit's decision in Whirlpool v. Glazer, and implications for other similarly reasoned cases where the evidence suggests that few, if any, proposed class members actually have experienced the alleged injury.

On December 10, 2010, Governor David Paterson signed into law the New York State Wage Theft Prevention Act (the "WTPA" or the "Act").

It seems inevitable that taxes will soon be higher on a number of fronts.

The California Privacy Protection Agency (CPPA) earlier this year succeeded in finalizing new and amended regulations under the California Consumer Privacy Act (CCPA).

Effective January 1, 2010, the federal estate tax and generation-skipping transfer tax have been repealed, and basis adjustments applicable to a decedent’s assets have been sharply curtailed. The federal gift tax, however, remains in effect, albeit at a lower rate (35% vs. 45%), and with the existing lifetime exemption ($1,000,000).

Earlier this year, Judge Sean H. Lane of the Bankruptcy Court for the Southern District of New York held that the post-petition rental income of a debtor-in-possession’s commercial real property in New York City was not property of the debtor’s estate under section 541 of the Bankruptcy Code, even though the underlying condominium units were owned by the debtor and had become estate property.

On June 28, 2011, Governor Brown signed ABx1 28, which will require certain out-of-state retailers to collect and remit California's use tax. California imposes a use tax on purchases made outside of California for the purpose of using the item in California.

According to the nonpartisan California Legislative Analyst's Office (LAO), homes in California are about twice as expensive as the typical U.S. home. The LAO found that "[p]ayments for a mid-tier home were over $5,500...

The failure of successive Congresses and Presidents to address the federal estate and gift tax system since 2001 has created unprecedented uncertainty, but also an historic opportunity: Make a taxable gift in 2010 to save taxes and benefit your intended beneficiaries