Circular 230 Changed! No more obnoxious disclaimers at the end of every email.
Everyone has seen them. Those ubiquitous, obnoxious, and often unread "Circular 230 Disclaimers" that are at the end of every attorney's email. Since around 2005, [...]
Donald Sterling Couldn’t Dodge the NBA…But Could He Dodge the IRS?
With apparently the world turning on him (including his wife) Donald Sterling acquiesced to a sale of the clippers to former Microsoft CEO Steve Balmer for the [...]
The Howard Jarvis Taxpayers Association Caves on Prop 13 Changes
As I have written about before, Proposition 13 has been in the cross-hairs of California legislators for quite some time. Once something is deemed a tax [...]
IRS Releases Draft “Streamlined” Application for Tax-Exempts
The IRS has released a draft Form 1023-EZ (Streamlined Application for Recognition of Exemption Under Section 501(c)(3) ) and draft instructions. This 2-page Form 1023-EZ is much [...]
Beware of On-Line Estate Planning Forms: a penny-wise and a pound-foolish
Ann Aldrich used an "E-Z Legal Form" when she made out her will in 2004--it turns out that that decision didn't make things "EZ-ier" as two [...]
It’s Settled–Severance Payments Are Subject to FICA
In a unanimous decision, the Supreme Court (reversing the Sixth Circuit Court of Appeals) has held that severance payments that were made to involuntarily terminated [...]