Freeman Law's "The Tax Court in Brief" covers every substantive Tax Court opinion, providing a weekly brief of its decisions in clear, concise prose.

In a recent post, I addressed the applicable framework under Texas law when employees not subject to non-compete agreements leave a job to compete with a former employer.

On June 17, 2022, the Texas Supreme Court issued the monumental corporate fiduciary duty opinion: In re Estate of Poe, — S.W.3d —, 2022 WL — (Tex. June 17, 2022) [20-0178] ("Estate of Poe").

Effective March 11, 2024, the Wage and Hour Division, Department of Labor will once again modify its regulatory guidance and will replace guidance that has been in place since 2021...

Under federal tax law, there are significant differences between grantor and non-grantor trusts. Grantor trusts are treated as disregarded entities. In layman's terms, this means that the grantor...

In 2021, the Texas Legislature made it easier for taxpayers to challenge tax assessments without first paying the disputed amounts of tax due.

Huh whuh? . . . Well . . . Well, howdy! Nice, erm, um well . . . Nice to see ya'll again at or near this nebulous home home on the range of Texas taxability!

Freeman Law's "The Tax Court in Brief" covers every substantive Tax Court opinion, providing a weekly brief of its decisions in clear, concise prose.

For over 15 years, I have represented tax-exempt charitable entities—mega, large, medium, small, and everything in between. Through that experience, I have seen the best of times...

On March 28, 2022, President Joe Biden released his FY 2023 Budget of the U.S. Government (the "Budget").

He also engaged an accountant to periodically review the ranch accounting work.

Muchos ciudadanos americanos que viven en el extranjero no presentan su declaración de impuestos en Estados Unidos de América ("EUA") por diversas cuestiones.

Approximately 30% of the global market is related to intellectual property. While intangible goods cannot be touched or seen, they are all too real. For companies around the world, one of the most important intangible assets for trading are Trademarks.

For the tax year 1996, the Commissioner of Internal Revenue (Commissioner) determined a deficiency of $10,796 in, and an addition to tax under IRC § 6651(a)(1) of $2,669 on...

As seems more and more common, the United States moved for summary judgment on the willfulness determination.

Freeman Law's "The Tax Court in Brief" covers every substantive Tax Court opinion, providing a weekly brief of its decisions in clear, concise prose.

The recent bankruptcy case of In re Creative Hairdressers, Inc. et al, Case Nos. 20-14583 and 20-14584 (jointly administered) (Bankr. D. Md., March 3, 2022) involved the intersection of IRC section...

Freeman Law's "The Tax Court in Brief" covers every substantive Tax Court opinion, providing a weekly brief of its decisions in clear, concise prose.

The Bank Secrecy Act requires certain taxpayers to submit timely FBARs to the United States reporting their interests in foreign accounts.

Summary: Greg Podlucky (Podlucky), a CPA, started a tea bottling business, Le-Nature's, Inc. (LNI). Podlucky served as CEO, majority shareholder, and chair of the board.