Surprises
As is the case in so many fields of endeavor, the more time you spend practicing tax law, the more likely it becomes that you will encounter something absurd. Such moments of “revelation” most often occur during the due
Remember “CTA Light”?
Do you recall the relief you felt when, in early March of 2025, the Treasury Department announced that it would not enforce any penalties or fines associated with the beneficial ownership information (“BOI”) reporting rule under the
Word Association
What’s the first thing that comes to mind when you hear the term “remote work”?
I think of empty offices for which an employer is paying fair market rent, of difficulties in communicating with physically absent employees who
Challenges Ahead
Earlier this month, the Fed raised the federal funds rate for the first time in three years. Inflation remains high relative to the Fed’s target rate. Energy costs continue their upward trend. The Federal deficit for the 2026
The Income Tax
The federal government is the largest employer in the U.S., and provides the greatest number and variety of services and products in the country. To fund its operation – i.e., to pay its bills – the government
Gown vs. State
It is no secret that the Administration[i] is not pleased with many tax-exempt organizations, especially those “elite” private colleges and universities that, according to the White House and other observers, are hostile toward individuals and organizations
When Paths Cross
For years I have told practically anyone who would listen that there are two kinds of “codes”: those with an upper case “C”, like the Ten Commandments and the Internal Revenue Code (the “Code”), and those with
Taxes Galore
There are so many things that New York City has in abundance. Some are good while others are less desirable. It often depends upon whom you ask. One item that will certainly find its way into both categories
Best of Times
You landed a hard-to-come-by position at a prestigious Manhattan-based company. The hours spent at the office, including most weekends and many holidays, were outrageous by any reasonable person’s measure. Your combined federal, New York State and City
An About-Face?
Earlier this year, the federal Court of Appeals for the Fifth Circuit[i] ruled that the U.S. Tax Court had misinterpreted the Code’s self-employment tax rules as they apply to individuals who hold limited partnership interests in a
