SCOTUSblog publisher and co-founder Tom Goldstein was indicted on federal tax evasion charges Thursday. Goldstein was described as an “ultrahigh-stakes poker player” who allegedly misused funds from his boutique law firm, Goldstein & Russell.
The special counsel who prosecuted President Joe Biden’s son Hunter defended his investigation in a report released Monday, rebutting claims by the president and his family that the cases were politically motivated.
The U.S. Supreme Court has agreed to hear three new cases, including challenges to a federal rule that forgives student debt and to the part of the Affordable Care Act that requires insurance companies to cover some preventive care services.
The special counsel’s office is opposing motions to dismiss the tax-fraud and gun indictments against Hunter Biden, the son of President Joe Biden, arguing that a presidential pardon does not require it.
The ABA is looking for volunteers to go to Alaska. The ABA Section of Taxation recently launched its Alaska Volunteer Income Tax Assistance Project, a pro bono initiative that will take six attorneys to prepare tax returns in remote villages in the state.
Take-home pay is only slightly higher for some newly promoted nonequity partners because their law firms treat them as equity partners for tax purposes.
Law firm financials have improved for seven consecutive quarters, leading to a profitability score that is the second highest on record for the Law Firm Financial Index since its inception more than 15 years ago.
Updated: The former general counsel at the Moody's Corp., a financial services company, was sentenced to eight months in prison last week for failing to file tax returns while earning $54 million.
A former partner at Husch Blackwell and Dykema Gossett has been sentenced to 16 months in federal prison after pleading guilty to two misdemeanors for failing to pay $2.46 million in taxes.
A lawyer who countersued McElroy, Deutsch, Mulvaney & Carpenter for defamation and retaliation may add a malicious prosecution claim to the action, a New Jersey judge has ruled.
A Chicago lawyer sentenced to prison for bank embezzlement Tuesday interrupted the judge throughout the proceeding and claimed that the case against him “is an evil that’s going on here.”
Duane Morris reduces business expenses and tax obligations for equity partners by shifting some of the burdens to lawyers who carry the partner title but have no equity or power in the law firm, according to a lawsuit filed Wednesday.
