Tax Law

Recent Posts

State Net Capitol Journal – April 6, 2015; No Money For 2016 Primaries In Louisiana Budget
Posted on 6 Apr 2015 by State Net

Budget & Taxes No Money For 2016 Primaries In LA Budget There’s a good chance term-limited Louisiana Gov. Bobby Jindal (R) will make a run for the White House in 2016. And last year he signed a law to move the date of the state’s... Read More

Portability of the Estate Tax Exemption of the First Spouse to Die - LexisNexis® Podcast
Posted on 28 Jul 2011 by LexisNexis Tax Center

On this edition, attorney Randy Spiro discusses how the estate tax exemption of the first spouse to die is only portable if an election is made on that spouse's estate tax return. He explains how many surviving spouses will not want to incur the cost... Read More

The GOP Offers a Sound Tax Reform Program in South Carolina
Posted on 10 Mar 2012 by David Brunori

The Republicans in the South Carolina House are preparing a significant reform plan that will vastly improve the state's tax system. Although details are sketchy, the plan will broaden the sales tax base by eliminating two thirds of the exemptions... Read More

Portability of the Estate Tax Exemption of the First Spouse to Die - LexisNexis® Podcast
Posted on 28 Jul 2011 by LexisNexis Tax Center

On this edition, attorney Randy Spiro discusses how the estate tax exemption of the first spouse to die is only portable if an election is made on that spouse's estate tax return. He explains how many surviving spouses will not want to incur the cost... Read More

A Funny Thing about Charities ... Some of Them Play Football
Posted on 18 Nov 2010 by LexisNexis Tax Center

Are College Football Bowls Entitled to IRC 501(c)(3) Tax Exempt Status? There's only a few weeks left in college football's regular season, and after that, the various bowls will invite teams to participate in post-season play. Several of the... Read More

The GOP Offers a Sound Tax Reform Program in South Carolina
Posted on 10 Mar 2012 by David Brunori

The Republicans in the South Carolina House are preparing a significant reform plan that will vastly improve the state's tax system. Although details are sketchy, the plan will broaden the sales tax base by eliminating two thirds of the exemptions... Read More

Pepper Hamilton LLP: The IRS Has Revoked Tax-Exempt Status of More Than 275,000 Organizations
Posted on 26 Jul 2011 by Pepper Hamilton LLP

By Lisa B. Petkun and Michelle Moersfelder On June 8, 2011 the IRS revoked the tax-exempt status of more than 275,000 organizations. The revocations were a result of the Pension Protection Act of 2006 (PPA), which requires the IRS to... Read More

Recent TAM on a Sport Association’s UBTI Finds Acceptable Split of Income and Employee Activity
Posted on 3 Jun 2010 by Lisa B. Petkun and Michelle Parten

One issue that perpetually plagues a tax-exempt organization is whether the income it receives from its unrelated trades or businesses (its "unrelated business taxable income" or UBTI) is so large that it will cause it to lose its tax-exempt... Read More