Comments On The Regs Under IRC Sec. 67

Squib On The New Regs Under IRC Sec. 67 The 2% Rule Treasury Decision 9664 On May 9, 2014 the Treasury Department and the IRS adopted final regulations, which generally retained the 2011 proposed regulations with minor modifications. The final regulations are...

Marraige Equity Act – New York State Tax

Marraige Equity Act – New York State Tax The Marriage Equality Act was signed into law on June 24, 2011. The New York State Department of Taxation and Finance, Taxpayer Guidance Division has issued a technical memorandum on how the law applies to various New...

P-TIN Required

P-TIN Required (TEdec Times, Summer 2011) New regulations now require (beginning Jan. 1, 2011) all paid tax return preparers (including attorneys, CPA’s and enrolled agents) have to apply for a Preparer Tax Identification Number (P-TIN), which must be included...

The Perils of Portability

The Perils of Portability (TEdec Times, Spring 2011) The Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act of 2010 (2010 Tax Act) Pub. L No. 111-12, 124 Stat. 32 96 provides for “portability” of the applicable exclusion amounts between spouses....

Strategic Benefits From Outsourcing

Strategic Benefits from Outsourcing (TEdec Times, Spring 2011) Cynthia Feathers and Craig S. Brown in an article entitled “Contract Attorneys: How a Small Firm Can Reap Huge Benefits” in the February 2011 edition of the NYSBA Journal, made a significant case for...

Estate of Saul Schneider v. Victor M. Finman

Estate of Saul Schneider v. Victor M. Finman, et al To Attorneys Representing Fiduciaries – Personal Representatives, Trustees, Executors or Administrators. (TEdec Times, July 6th, 2010) The Court of Appeals of the State of New York (its highest court) has just...