March 1st, 2023
February Federal Tax Update
INDIVIDUALS In Green Rock, LLC v. Commissioner, 131 AFTR2d 2023-562, an Alabama Federal District Court joined the Sixth Circuit Court of Appeals and the Tax Court in striking down the labeling of syndicated conservation easements…
February 28th, 2023
Legally Speaking With Aron Benjamin: Maryland New Law Update 2023
Join Stein Sperling’s personal injury and criminal law attorney Aron Benjamin as he speaks with estates, trusts & probate attorney Sarah Broder and employment and business law attorney Darla McClure about new laws in Maryland in 2023,…
February 1st, 2023
January Federal Tax Update
INDIVIDUALS In Patacsil v. Commissioner, TC Memo 2023-8, the Tax Court required a couple to report relief from indebtedness income inasmuch as they did not prove the value of their business or real estate as…
January 19th, 2023
SECURE Act 2.0: What You Need to Know
On December 29, 2022, President Joe Biden signed the SECURE Act 2.0 into law as part of the Consolidated Appropriations Act. More comprehensive than the original SECURE Act of 2019, here are a handful of…
January 1st, 2023
December Federal Tax Update
INDIVIDUALS Public Law No. 117-228, the Respect for Marriage Act, repeals references in the Internal Revenue Code and elsewhere in federal law to marriage being between a man and a woman. SECURE 2.0 Act of…
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…