March 1st, 2022
February Federal Tax Update
INDIVIDUALS In Hicks v. Commissioner, TC Memo 2022-10, the noncustodial father of a child was permitted the dependency allowance although no Form 8332 was submitted with the return; the taxpayer provided a copy of a…
February 7th, 2022
Managing a Charity and Overwhelmed?? Delegate Your Bequest Management!
Managing a charitable organization can be extremely challenging. There are a lot of moving parts that take energy and time away from actually doing the charitable work. No matter the size of your team, there…
February 1st, 2022
January Federal Tax Update
INDIVIDUALS In Hewitt v. Commissioner, 128 AFTR2d 2021-7033, the Eleventh Circuit Court of Appeals reversed the Tax Court and found IRS regulations were not properly developed and were arbitrary and capricious which would have taken…
January 26th, 2022
Get Paid Through Peer-to-Peer Apps? Be Aware of New IRS Reporting Requirements
The Internal Revenue Service has made significant changes to income reporting requirements for 2022 by all third-party payment processors such as Venmo, PayPal and Cash App. They must report payments for goods and services reaching…
October 29th, 2021
11 Stein Sperling Attorneys Listed Among “2021 Top Attorneys” in Bethesda Magazine
11 Stein Sperling attorneys are included in the November/December 2021 edition of Bethesda Magazine‘s list of top attorneys in Montgomery County. The magazine surveyed 1,700 attorneys who practice in Montgomery County to find out “who…
October 6th, 2021
Attorneys De Jong and Widdes Weigh In On Proposed Tax Legislation
With Congress once again considering significant tax legislation, host Bob Leins invited Stein Sperling attorneys David De Jong and Steve Widdes to speak on ForYourBenefit about the broader effects the legislation may have. Listen below…
August 19th, 2021
17 Stein Sperling Lawyers Named to 2022 Best Lawyers List, 9 on Ones to Watch List
Stein Sperling is pleased to announce that 17 lawyers have been included in the 2022 Edition of The Best Lawyers in America©. Additionally, 9 lawyers have been included in the 2022 Edition of Best Lawyers: Ones…
July 2nd, 2021
Key Issues to Consider Before Forming a 501(c)(3) Organization
Many philanthropic individuals looking to further their charitable endeavors, while also creating a meaningful legacy that can span generations, explore the possibility of forming a charitable 501(c)(3) organization. The term “501(c)(3)” refers to that section…
June 11th, 2021
David De Jong and Steve Widdes Speak on Estate Planning In Light of Proposed Legislation
On Monday, June 7, Stein Sperling tax and estate attorneys David De Jong and Steve Widdes joined host Bob Leins on Federal News Network’s ForYourBenefit show to talk about “Tax and Estate Planning Today – In…
March 31st, 2021
American Rescue Plan Act of 2021 Enacted
On March 11, 2021 President Biden signed into law a new COVID relief package which included a number of tax provisions: A $1,400 credit for individual taxpayers with an additional $1,400 for each dependent with…
