December 1st, 2022
November Federal Tax Update
INDIVIDUALS In Tillman-Kelly v. Commissioner, TC Memo 2022-111, the Tax Court found that payment to a whistleblower for retaliation against him was includable in income as humiliation and isolation did not constitute physical injury. RETIREMENT…
November 18th, 2022
The Intersection of Divorce and Taxes: What You Need to Know
One thing that people in the middle of a divorce don’t realize right away is how intertwined divorce law can be with other areas of law, such as tax, real estate, business, and/or estates and…
November 1st, 2022
October Federal Tax Update
INDIVIDUALS Champions Retreat Golf Founders, LLC v. Commissioner, TC Memo 2022-106, the Tax Court determined that the value of an easement on property with a golf course and capable of sustaining residential housing was in…
October 25th, 2022
The Catch After the Catch: IRS Treatment of MLB Souvenir
Cory Youmans recently became the latest fan to catch a piece of baseball history when he caught Aaron Judge’s American League single-season home run record setting ball. While most baseball fans dream of catching a…
October 3rd, 2022
Two Stein Sperling Attorneys Named to Washingtonian’s Top Lawyers Hall of Fame
Tax attorney David De Jong and Estates & Trusts attorney Steven Widdes were included in what Washingtonian magazine is calling their “lifetime achievement” award for area attorneys. The list includes attorneys who have been on…
October 1st, 2022
September Federal Tax Update
INDIVIDUALS In Luna v. Commissioner, TC Summary Opinion 2022-18, the Tax Court denied the Executive Director of a nonprofit a pre-2018 deduction for trips to Brazil which did not tie to his employment but could…
September 1st, 2022
Federal Tax Update
INDIVIDUALS Public Law 117-169, the Inflation Reduction Act of 2022: ● Extended the limitation on ordinary business losses by individuals through 2028. ● Extended the health insurance premium credit through 2025 with modifications. ● Effective…
August 18th, 2022
19 Stein Sperling Lawyers Named to 2023 Best Lawyers List, 10 on Ones to Watch List
Stein Sperling is pleased to announce that 19 lawyers have been included in the 2023 Edition of The Best Lawyers in America©. Additionally, 10 lawyers have been included in the 2023 Edition of Best Lawyers:…
August 1st, 2022
David De Jong and Steve Widdes Talk Marriage and Divorce on Podcast
Stein Sperling’s David De Jong and Steve Widdes appeared on the podcast ForYourBenefit on the Federal News Network with host Bob Leins. Topics include: Tax effect and timing of the transition Pre- and post-nuptial agreements…
August 1st, 2022
Federal Tax Update
INDIVIDUALS In Keefer v. United States, 130 AFTR2d 2022-5002, a Texas Federal District Court denied an individual a charitable deduction for a 4 percent limited partnership interest in a hotel given to a donee organization…
