Category: Tax Law

Recently Introduced Bill Provides Data Breach Insurance Tax Credit

Recently Introduced Bill Provides Data Breach Insurance Tax Credit

—by Adam Koulish H.R. 6032, 114th Cong. (2016) (as referred to H.R. Comm. on Ways and Means, Sept. 14, 2016). Cybersecurity Framework FAQs Framework Basics, Nat’l Inst. of Standards and Tech. (last visited Sept. 25,...

Taxing the Human Body

Taxing the Human Body

—by Kelly Pare Perez v. Comm’r, 144 T.C. No. 4 (2015) Abstract: Advances in modern medicine have brought new meaning to the idea of selling one’s body. Surrogacy arrangements, egg and sperm donations, and...

New York Court of Appeals: Hudson Valley Federal Credit Union v. New York State Department of Taxation and Finance 0

New York Court of Appeals: Hudson Valley Federal Credit Union v. New York State Department of Taxation and Finance

The issue before the Court of Appeals was whether mortgages issued by federal credit unions were subject to the New York state mortgage recording tax (“MRT”) under article 11 of the Tax Law.  The...

Note: Death and Taxes: (Over?)Reaction to Section 1706 of the Tax Reform Act 0

Note: Death and Taxes: (Over?)Reaction to Section 1706 of the Tax Reform Act

“If you’re reading this, you’re no doubt asking yourself, ‘[w]hy did this have to happen?’”[1]  Indeed, many people across the country asked this very question after the events that took place on February 18,...

Note: Nights on the Museum: Should Free Housing Provided to Museum Directors Also be Tax-Free 0

Note: Nights on the Museum: Should Free Housing Provided to Museum Directors Also be Tax-Free

The Metropolitan Museum of Art is, arguably, one of the great cultural institutions of our time.  Visitors come from all over the world to indulge in its timeless collection spanning five thousand years of...