February 12th, 2026
January Federal Tax Update
INDIVIDUALS In Algarawi v. Commissioner, TC Memo 2026-8, the Tax Court agreed with IRS that a taxpreparer had to report as income amounts left in cash by impoverished individuals who wereallowed to make a charitable…
December 30th, 2025
December Federal Tax Update
INDIVIDUALS Final Regulations under Code Section 139E provide guidance on general welfare benefits received by Native Americans pursuant to a Tribal Government program, excluding payments from income if they do not discriminate in favor of…
November 12th, 2025
November Federal Tax Update
INDIVIDUALS In Corning Place Ohio v. Commissioner,136 AFTR2d 2025-6363, the Sixth Circuit Court of Appeals agreed with the Tax Court that the $22 million deduction for donating a charitable easement 16 months after purchasing a…
November 3rd, 2025
October Federal Tax Update
INDIVIDUALS In Potts v. Commissioner, TC Memo 2025-108, the Tax Court denied a theft loss deduction for an investment in a Turks and Caicos entity where the funds were not used as represented, the Court…
October 2nd, 2025
September Federal Tax Update
INDIVIDUALS Proposed Regulations under Code Section 2024 list the occupations that qualify for the deduction for tips but clarify that mandatory service charges or gratuities on a bill disqualify the deduction unless the customer is…
August 21st, 2025
Darla McClure Named As a Best Lawyers of 2026 “Lawyer of the Year” Plus 34 Stein Sperling Attorneys Listed in 2026 Best Lawyers
Stein Sperling Bennett De Jong Driscoll PC is pleased to announce that 23 lawyers have been included in the 2026 edition of The Best Lawyers in America® and 11 lawyers have been included in Best Lawyers:…
August 18th, 2025
David De Jong Shares Highlights of OBBBA in Bloomberg Tax Article
Stein Sperling Tax Law attorney David De Jong recently wrote an article for Bloomberg Tax entitled “GOP Tax Law Gives Entrepreneurs Incentive to Be C Corporations“ Here are some key highlights from the article: Major…
August 12th, 2025
August Federal Tax Update
INDIVIDUALS In Feige v Commissioner, TC Memo 2025-88, the Tax Court rejected multiple arguments of a terminated employee who received 100,000 shares of company stock at the time of her departure and found the value…
August 8th, 2025
July Federal Tax Update
INDIVIDUALS Public Law 119-21, the One Big Beautiful Bill Act (OBBBRA), contains the following provisions: In Mennemeyer v. Commissioner, TC Memo 2025-80, the Tax Court concluded that a $1.5 million post-arbitration settlement was fully taxable…
July 15th, 2025
NEW TAX ALERT – Maryland Adds 3% Sales Tax to Tech Services
On July 1st, Maryland’s first in the nation Tech Tax took effect. The tax imposes a new 3% levy on a variety of tech services, such as cloud computing, web hosting, e-magazines, software publishing, IT…
