Federal tax law has long allowed theft loss deductions. And even though the Tax Cuts and Jobs Act of 2017 (TCJA) substantially limited theft loss deductions for tax years after 2017, the IRS released a Chief...
In what is the first decision of its kind, the Tax Court in Paschall v. Commissioner held that crypto staking rewards are income. The facts of the case are straightforward. The taxpayer held Cardano...
Joe Rillotta published an article with Law360 “Attorneys Should Aid Clients’ AI Use While Safeguarding Privilege”
In his latest article published with Law360, “Attorneys Should Aid Clients’ AI Use While Safeguarding Privilege”, firm partner Joseph A. Rillotta explores the emerging intersection of artificial intelligence,...
ERC Update: A Court Reminder That the Government Doesn’t Always Interpret the Law Correctly
For employers still waiting on Employee Retention Credit (ERC) refunds, a recent federal court decision is worth a close look. In Tri-State Memorial Hospital v. United States, NO. 2:25-CV-0181-TOR (E.D. Wash., May 28,...
Damon Rowe published an article with Bloomberg Tax “Can Disclosure Neutralize Civil Fraud? Enforcements Explored”
In the recent Bloomberg Tax article “Can Disclosure Neutralize Civil Fraud? Enforcements Explored,” Damon Rowe provides insight into the role disclosure may play in mitigating civil fraud exposure in tax...