Taxes

Litigation is time-consuming and expensive. It is therefore no surprise that most litigation concludes, not by trial, but rather through the parties agreeing to settle their differences through execution of a settlement agreement. Each settlement agreement is different. In most instances, however, a standard agreement will address payment by one party to another party in

The U.S. Supreme Court will soon hear oral arguments in a case that raises a question most people have likely never even considered: Can your income be taxed before you receive it? The answer is usually no, but sometimes it’s yes. This is an important question because if Congress cannot tax income before it’s received,

Senate Finance Chairman Ron Wyden (D-Ore.) and U.S. Representative Earl Blumenauer (D-Ore.) have reintroduced legislation to put a stop to federal alcohol taxes on kombucha companies. If you’re not a regular kombucha drinker, chances are that you’ve seen it for sale in Whole Foods stores—or on tap in your favorite cafe. Kombucha is a fermented

Rafael Ramos, of Orlando, Florida, was sentenced to 27 months in prison for promoting a scheme to file false documents with the IRS to fraudulently obtain large tax refunds. Ramos pleaded guilty on Sept. 5, 2023, to conspiring to defraud the United States, filing a false tax return for himself, and aiding and assisting in

As housing prices continue rising, even in the face of high interest rates, there are many calls to increase housing construction. But some voices, including on the progressive left, oppose development, wrongly saying it won’t help affordability. What is the source of this “supply skepticism”—a belief that increased housing supply won’t affect prices? There’s no