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Tax Issues In Charitable NIL Collectives In College Sports Image

Tax Issues In Charitable NIL Collectives In College Sports

Todd Kesterson & Alyssa R. Wan

With a growing number of donor groups forming Name Image and Likeness collectives as not-for-profit entities, there are questions about whether or not these collectives truly qualify as charitable organizations for tax purposes.

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Right to Funds from Sale of Tax Credits At Issue In Litigation Between Production Companies Image

Right to Funds from Sale of Tax Credits At Issue In Litigation Between Production Companies

Stan Soocher

State tax credits are valuable tools for helping meet the costs of producing films, TV shows, commercials, and other media and entertainment productions. But if more than one production company is involved with a project, a legal dispute can arise over which company owns the right to the tax credit funds.

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What's Happening With Productions Tax Credit In GA? Image

What's Happening With Productions Tax Credit In GA?

Mason Lawlor

In recent years, the Peach State has become one of the most popular spots for film companies. However, the state General Assembly's action with regarding one bill and inaction with regard to another have threatened to harm the entertainment industry.

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Stipulation That Resolves Entire Amount Must Reflect Intent of Parties Image

Stipulation That Resolves Entire Amount Must Reflect Intent of Parties

Francis J. Lawall & Kenneth A. Listwak

The Ninth Circuit recently affirmed a lower courts' rulings that a stipulation between the IRS and a bankruptcy trustee, which allowed the IRS's priority tax claim, did not prevent the IRS from collecting nondischargeable tax debt above the agreed amount in that stipulation.

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7 Post-Pandemic Commercial Property Tax Tips Image

7 Post-Pandemic Commercial Property Tax Tips

Cris K. O'Neall

As post-pandemic market values fluctuate due to higher prices, property owners need to adopt strategies to keep their assessed property values down. As we emerge from COVID-19 here are seven key considerations to minimize property tax assessments even as prices increase.

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Tax Implications of Budget Reconciliation Bill Image

Tax Implications of Budget Reconciliation Bill

Lawrence L. Bell

Part Two of a Two-Part Article This installment discusses how to use benefit laws that have been on the books for over 30 years to fund not only death benefits but also alternatives to deferred compensation for business and estate planning purposes for pass-through entities.

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Will Supreme Court Settle Sale of Tax Liens Issue? Image

Will Supreme Court Settle Sale of Tax Liens Issue?

Kenneth L. Baum

There's a split among circuit courts on whether tax foreclosure sales may be avoidable as preferential and fraudulent transfers by property owners who subsequently seek relief under the Bankruptcy Code. If the Supreme Court eventually weighs in to resolve this circuit split, property owners, municipalities, and potential bidders for tax liens across the country will receive greater clarity on this critical issue.

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Remote Work Yields Savings, But Watch for Tax and Jurisdiction Issues Image

Remote Work Yields Savings, But Watch for Tax and Jurisdiction Issues

Troy Ayala

While the rapid ascent of home offices may have initially come as a shock to more than a few corporate cultures, the truth is that business leaders who embrace long-term remote working can yield significant cost savings and boost employee morale.

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Tax Implications of Budget Reconciliation Bill Image

Tax Implications of Budget Reconciliation Bill

Lawrence L. Bell

In this two-part article, we look at the proposed tax law changes in the budget reconciliation bill — the major legislation in 2021.

Features

Build Back Better: Considerations for Tax Advisers & Planners Image

Build Back Better: Considerations for Tax Advisers & Planners

Lawrence L. Bell

The Infrastructure Investment and Jobs Act, signed by the President on Nov. 15, 2021, presents a number of issues for advisers, planners and taxpayers to consider.

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