Thompson & McCarty, P.C. CPA

The Treasury Department's Office of Tax Analysis has released data showing that increases in capital gains tax rates have corresponded with declines in tax receipts, while lower capital gains rates have corresponded with rising tax revenues: Capital Gains and Taxes...

SSRN has updated its monthly rankings of 565 American and international law school faculties and 1,500 law professors by (among other things) the number of paper downloads from the SSRN data base. Here is the new list (through November 12,...

Americans for Tax Reform President Grover Norquist has sent a letter and formal application to the Treasury Department requesting $700 billion from the TARP Capital Purchase Program to fund the following tax cuts: Cut the corporate income tax rate from...

John A. Swain (Arizona) & Walter Hellerstein (Georgia) have published Town Fair Tire and the Silliness of the Physical Presence Rule for Use Tax Collection Nexus, 50 State Tax Notes 447 (Nov. 17, 2008). Here is the Introduction: It is...

The New York State Bar Association has issued several tax reports: Good Faith Compliance with Section 409A (1170) Rev. Rul. 64-182 and the Endowment Size of Certain Public Charities (1169) Using a Private Trust Company as Trustee of Trusts with...

Rita de la Feria (Oxford University) presents The Pitfalls of Accepted VAT Wisdom: Lessons from the EU Experience at Connecticut today as part of its Tax Lecture Series. Here is the abstract: Initially spreading throughout Europe, VAT remained confined to...

The National Association of Women Lawyers today released the results of its third annual National Survey on the Status of Women in Law Firms. The report finds significant disparities between men and women in the number and compensation of partners...

Texas A&M International University Professor Loye Young was fired for this blog post. The Daily Texan Inside Higher Ed Mr. Young defends himself here, here, here, and here. (Hat Tip: Chaz Perin.)

As the United States awaits to see how President-elect Obama implements his campaign promise to increase the tax burden on those earning more than $250,000 per year, KPMG has released a new study (Individual Income Tax Rate Survey 2008) documenting...

Take this two-minute survey on how you think the recession will affect the legal profession. Results will be published in the January issue of the ABA Journal.

David Cay Johnston has published Taxes, Dividends, and Patriotism, 121 Tax Notes 865 (Nov. 17, 2008): There is a better way to solve our national financial crisis than Washington's borrowing bender. A better solution lies in tax policy. ... [W]here...

National Law Journal: Is Booting Up a Computer Work, or a Work Break? More Companies Fending Off Suits on the Issue, by Tresa Baldas: Lawyers are noting a new type of lawsuit, in which employees are suing over time spent...

Jacob Nussim (Bar Ilan University; Visiting at UCLA) presents Distributive Aspects of Legal Standards at Loyola-L.A. today as part of its Tax Policy Colloquium Series. The commentators are Robin B. Kar (Loyola-L.A.) & Michael Guttentag (Loyola-L.A.). The paper responds to...

Following up on my earlier post, Arkansas Con Law Prof Sues His Students for Defamation, Claiming They Twisted His Anti-Affirmative Action Views to Accuse Him of Racism (4/30/08): Today's Inside Higher Ed reports that Arkansas-Little Rock Law Prof Richard J....

The Association of Research Libraries and the Ithaka group, a nonprofit organization dedicated to fostering the use of information technologies in higher education, have issued a report, Current Models of Digital Scholarly Communication. The eight models are: E-only journals Reviews...

The lawyer rating website Avvo has produced a Top 5 and Bottom 5 Law School Ranking, based on the average rating of the lawyers who are graduates of the schools. Here are the Avvo ratings for the Top 5 and...

William M. Sharp Sr. & Larry R. Kemm (both of Sharp & Associates, Tampa) have published Voluntary Disclosure Update for U.S. UBS Clients, 52 Tax Notes Int'l 487 (Nov. 10, 2008): Because of recent developments, U.S. taxpayers who maintain undisclosed...

Saturday: Lawyer Indicted for HOMER Tax Shelter Fraud Grassley Seeks Investigation of IRS's Issuance of Bank Bailout Notice 2008-83 Rangel Hires Accountant to Scrub Tax Returns Sunday: Top 5 Tax Paper Downloads Rooneys Race to Sell Pittsburgh Steelers to Avoid...

There is a bit of movement in this week's list of the Top 5 Recent Tax Paper Downloads, with new papers debuting on the list at # 3 and #5: 1. [478 Downloads] A Brief Analysis of Governor Palin's Tax...

Life-long Republican Dan Rooney, Chairman and owner of 16% of the stock of the Pittsburgh Steelers, raised eyebrows this fall with his outspoken support of Barack Obama. The Pittsburgh press is reporting that Rooney and his son have reached agreement...