LexisNexis® Legal Newsroom
Alice Joseffer
Turbulent Economy Increases U.S. Investors' Tax Concerns

Awareness of federal income tax rules related to U.S. investor interests in foreign corporations is especially compelling during distressed economic conditions. U.S. investors can be whipsawed with interest charges, as well as the highest income tax rates...

Dusty E. Kirk & Sharon F. DiPaolo
Real Estate Assessment Controversy Continues in Pennsylvania

Following the earlier decision by Pennsylvania’s Supreme Court declaring Allegheny County’s real estate assessment system to be unconstitutional and calling into question the assessment systems used by other counties throughout Pennsylvania...

Peter Miller
A Real Crisis Looms: Can Americans Tolerate a Beer Tax Increase?

Lawmakers are looking at a beer tax, as well as a soft drink tax. Certain lifestyle choices considered to be out of favor are at risk of costing us more. They are ostensibly proposed to offset poor lifestyle decisions that contribut to escalating medical...

Miller, Anderson, Warren, and Parten
Addressing Risks of Intermediaries Filing for Bankruptcy in Section 1031 Exchanges

What happens when you engage in a tax-free Section 1031 exchange and your qualified intermediary (QI) declares bankruptcy while holding the proceeds from the sale of your property? 1 According to a Virginia bankruptcy court, unless the exchange agreement...

Peter Miller
Distressed Economy Drives Georgetown SALT Conference Policy Themes

The influence of economic distress on themes at the 2009 Georgetown Advanced State and Local Tax Institute was palpable. Difficulties in balancing the compelling need to generate revenue with the waning ability of taxpayers to carry the burden were evident...

LexisNexis Tax Center
LexisNexis Tax Advisor – Federal Topical: Employer-Provided Health Plan Premium Assistance Included in Stimulus Bill For Individuals Involuntarily Terminated From Employment.

LexisNexis Tax Advisor – Federal Topical: Employer-Provided Health Plan Premium Assistance Included in Stimulus Bill For Individuals Involuntarily Terminated From Employment. The American Recovery and Reinvestment Act of 2009 requires employer...