2018 Charitable Gifts

The United States cryptocurrency regulatory landscape has undergone its most dramatic transformation in history. The signing of the GENIUS Act into law on July 18, 2025 — the first comprehensive federal crypto statute ever enacted — marks a before-and-after moment for American digital asset law.

Recent federal legislation has permanently extended the historically high unified exemption amount for federal estate and gift tax purposes. The current exemption of $13.99 million per individual remains in place through December 31, 2025...

Washington voters will decide the future of the state’s new 9.9% tax on annual taxable income above $1 million after a repeal initiative qualified for the November ballot.

California's Proposition 40 would impose a one-time excise tax of up to 5 percent on billionaires' worldwide net worth, measured as of December 31, 2026, but based on residency as of January 1, 2026. The measure faces significant legal challenges and could be nullified by competing ballot initiatives that have also qualified for the November 2026 ballot.

California's proposed Billionaire Tax Act would impose a onetime 5% excise tax on individuals and trusts with assets exceeding $1 billion, creating unprecedented challenges for estate planners. The retroactive application and anti-abuse provisions raise critical questions about the treatment of grantor trusts, non-grantor trusts, and beneficiary interests that deviate significantly from established federal wealth transfer tax principles.

Selling an S corporation involves complex tax and legal considerations that can significantly impact after-tax proceeds. This comprehensive analysis examines stock sales versus asset sales, IRC Section 338(h)(10) elections, F reorganizations, and other transaction structures, revealing how different approaches affect both sellers and buyers through detailed tax modeling and strategic planning insights.

Among the many changes included in the One Big Beautiful Bill Act (OBBBA) is one relevant to brands and agencies running sweepstakes, contests, and other consumer promotions.

The US Treasury and IRS have proposed regulations that would eliminate longstanding exceptions allowing tax-exempt private schools to maintain race-conscious admissions and scholarship policies. Following the Supreme Court's decision in Students for Fair Admissions v. Harvard, these rules would apply to all private educational institutions, including K-12 schools not directly affected by that ruling, and could result in loss of tax-exempt status for noncompliance.

Foreign owners of single-member U.S. limited liability companies often assume their entities are completely disregarded for tax purposes, but since 2017, these structures face significant reporting obligations...

On September 3, 2026, the U.S. Department of the Treasury and the Internal Revenue Service (IRS) issued proposed regulations under Section 501(c)(3) that could materially affect private education in the United States. The proposal would apply a broad nondiscrimination standard based on race, color and national or ethnic origin, with significant implications for private schools, colleges and universities seeking or maintaining tax-exempt status under Section 501(c)(3).

The Federal Communications Commission has added foreign-produced power inverters and advanced robotic devices to its Covered List under national security determinations, immediately barring new equipment authorizations and creating compliance deadlines for manufacturers. Companies must now evaluate whether their products qualify as domestic end products under Federal Acquisition Regulation standards or pursue conditional approval pathways by January 1, 2028.

On December 16, Verisk Analytics, a leading provider of data analytics and related services to the insurance industry, including rooftop aerial measurement products, announced that it was terminating its efforts to acquire EagleView Technologies, an aerial image provider whose product is utilized in rooftop aerial measurement products.

As artificial intelligence tools become embedded in clinical care, diagnostics, and health insurance operations, healthcare organizations must navigate an evolving patchwork of federal oversight and state-specific AI regulations. With 21 states having enacted 33 healthcare-AI laws by the end of 2025 and 177 pending bills across 31 states in 2026, the regulatory landscape remains fragmented while federal agencies work to establish comprehensive standards. Understanding these overlapping requirements is criti

As of July 5, 2021, corporations incorporated under Ontario's Business Corporations Act will no longer be required to have at least 25% of directors be resident Canadians.

The Federal Communications Commission has dramatically expanded its equipment authorization program, closing what regulators call the "component part loophole" by prohibiting devices containing logic-bearing hardware from blacklisted entities and requiring online marketplaces to verify and display FCC IDs at point of sale.

New York Appellate Court Judge grants a temporary stay to DFS operators following lower court's adverse ruling on a cross-motion for Preliminary Injunction.

Andrea Arndt's article, "AI a 2-Sided Coin," was recently published in Inventors Digest. She explains how the rapid advancement of artificial intelligence presents opportunities for creators while raising complex issues regarding intellectual property rights and the impact on human creativity.

Catering liquor and beer license holders in Nashville must navigate two distinct regulatory frameworks: Metro Nashville's distance restrictions for beer catering permits and Tennessee state limitations on catering liquor licenses. Understanding these rules is essential to avoid compliance issues and ensure events proceed smoothly, particularly when venues are near schools, places of worship, or Metro parks.

Receiverships and bankruptcy proceedings often share objectives, including preserving value, centralizing control and maximizing recoveries, but involve different decision-makers and different statutory frameworks.

After nearly five years of contentious international arbitration, a Michigan-based manufacturer of adjustable bed bases and mattresses secured a substantial monetary judgment against its Taiwan-based supplier and the supplier's parent company. The case involved complex evidence, intricate legal issues, and Mandarin translation of documents and testimony, ultimately resulting in the confirmation of multiple arbitration awards by a federal district court.