LexisNexis® Legal Newsroom
Peter Miller
Unitary/Combined Reporting Results Mixed for States and for Business

HEAR PHIL OLSEN OF McCARTER & ENGLISH, LLP DISCUSSING THE MASSACHUSETTS UNITARY TAX REGIME IN A PODCAST INTERVIEW ON THIS WEB SITE! As the states strive to generate additional revenue during distressed economic times, movement to unitary combined...

Jeffrey A. Mills and Jennifer Shugars
Tax Increment Financing – From Brownfields to Suburbia: An Option to Save Development Dollars and Keep Projects Moving in Difficult Economic Times

Tax Increment Financing (TIF) is a statutory mechanism that can be used as an additional and alternative means to finance the extraordinary costs of preparing a "blighted" or otherwise undesirable area for development and revitalization. Although...

Lisa B. Petkun
Third Circuit Affirms District Court’s Award to Offset Plaintiff’s Increased Taxes in ADEA Case

A plaintiff received a jury award of $200,000 for back pay and compensatory damages on her ADEA claim. The district court granted plaintiff’s post-trial motion seeking $6,800 to offset the increased taxes plaintiff was required to pay on the lump...

Tags: Litigation
LexisNexis Tax Center
LexisNexis Tax Advisor-Federal Code: Stimulus Bill Increases Small Business Stock Sale Exclusion

The American Recovery and Reinvestment Act of 2009 (ARRA), P.L. 111-5, 02/17/2009, signed into law by President Obama on February 17, 2009, has increased the qualified small business stock exclusion to 75 percent from 50 percent (60 percent for stock...

Yogi Solanki
Stimulus Bill Increases Small Business Stock Sale Exclusion to 75 percent

The American Recovery and Reinvestment Act of 2009 (ARRA), P.L. 111-5, 02/17/2009, signed into law by President Obama on February 17, 2009, has increased the qualified small business stock exclusion to 75 percent from 50 percent (60 percent for stock...

Karen L. Hawkins
Karen Hawkins Appointed Director of IRS Office of Responsibility

March 3, 2009 - Karen L. Hawkins has been appointed as Director of the IRS Office of Professional Responsibility (OPR). Hawkins assumes the IRS position after 25 years in private practice with Taggart & Hawkins, P.C. in Oakland, California. Ms. Hawkins...