The Tax Lifecycle of a Single Member LLC

F. Philip Manns Jr., Liberty University – School of Law, Timothy M. Todd, Liberty University School of Law, have made available for download their article, “The Tax Lifecycle of a Single-Member LLC,” published in the Virginia Tax Review. 36 Va. Tax Rev. 323 (2017).   The Abstract is as follows:

The single-member LLC (SMLLC)

Continue reading

Using the Marital Deduction in Settlements

Brett Bueltel, University of Southern Indiana, Margaret Ryznar, Indiana University Robert H. McKinney School of Law, and Jamie Seitz, University of Southern Indiana – School of Business, have made available for download their article, “Using the Marital Deduction in Settlements,” Tax Notes, Vol. 157, No. 5, pp. 667-673, (October 2017).

The Abstract is as follows:

This article

Continue reading

McGuire Woods Fiduciary Cases – January 2, 2018

McGuire Woods has made available for download itsJanuary 2, 2018 white paper summarizing several recent fiduciary court cases. The Abstract of cases summarized is as follows:


In the most recent installment of the McGuireWoods Fiduciary Advisory Services annual multipart series on recent fiduciary cases, developments in the law concerning … Continue reading

Rafizadeh v. Commissioner, 150 TC 1: Extended Statute of Limitations Under Section 6501(e)(1) Not Applicable to Income Earned on Foreign Financial Assets

In Rafizadeh v. Commissioner, 150 TC 1, the Tax Court held that the extended statute of limitations under Section 6501(e)(1) does not apply to income earned on foreign financial assets.  The case summary is as follows:

I.R.C. sec. 6038D, enacted on Mar. 18, 2010, and effective for taxable years beginning after

Continue reading