Tax Law

Former BigLaw partner gets suspension over side law practice

A former Crowell & Moring partner has been suspended in New York for running a side law practice in violation of his partnership agreement and for underreporting the side income to tax authorities.

Jan 9, 2024 8:59 AM CST

Law prof, 78, sues Northwestern for alleged age bias in pay raises

A law professor who has been teaching at the Northwestern University Pritzker School of Law since 1981 has filed an age discrimination lawsuit alleging that he is receiving less in base pay than “significantly younger less experienced counterparts.”

Nov 10, 2023 10:51 AM CST

Ginni Thomas’ work with conservative activists led to movement that helped overturn precedent

The conservative legal movement gained ground after the U.S. Supreme Court struck down restrictions on independent campaign spending by corporations in the 2010 Citizens United v. Federal Election Commission ruling.

Sep 12, 2023 8:15 AM CDT

Justice Alito sees ‘no sound reason’ to recuse in tax case involving lawyer who interviewed him for newspaper

U.S. Supreme Court Justice Samuel Alito on Friday refused to recuse himself in a tax case handled partly by a lawyer whose co-interviews of the justice resulted in two articles in the Wall Street Journal.

Sep 8, 2023 12:22 PM CDT

Lawyer’s timeshare-donation tax shelter was ‘more of a bogus tax scheme,’ 9th Circuit says

A federal appeals court has upheld an $8.46 million penalty against a lawyer who promoted a timeshare-donation tax shelter that overvalued the properties.

Aug 18, 2023 9:53 AM CDT

Hunter Biden’s BigLaw lawyers deny deception day before their client’s plea deal put on hold

Lawyers for Hunter Biden are fighting on two fronts as U.S. District Judge Maryellen Noreika of the District of Delaware asked attorneys from Latham & Watkins on Tuesday to show cause why they shouldn’t be sanctioned and then put a proposed plea agreement on hold the next day.

Jul 27, 2023 11:40 AM CDT

Supreme Court’s Bruen decision may have aided Hunter Biden in fight against gun charge

A U.S. Supreme Court decision written by Justice Clarence Thomas may have created uncertainty about the constitutionality of a gun charge against President Joe Biden's son Hunter Biden, leading to a favorable plea deal.

Jun 27, 2023 8:38 AM CDT

Hunter Biden reaches plea deal to resolve tax and gun charges

President Joe Biden’s son Hunter Biden has reached an agreement with prosecutors in which he will plead guilty to two misdemeanor tax charges and enter a pretrial diversion program to resolve a gun charge.

Jun 20, 2023 11:02 AM CDT

Another law firm defers start date for some associates

Fenwick & West has pushed back the start date for first-year corporate and transaction associates.

Jun 2, 2023 9:35 AM CDT

SCOTUS rules for grandmother in tax foreclosure takings fight; Jackson again pairs with Gorsuch

Updated: The U.S. Supreme Court ruled Thursday that a 94-year-old woman could pursue a claim that a tax foreclosure sale violated her rights under the Fifth Amendment’s takings clause.

May 25, 2023 11:29 AM CDT

False-records case against Trump ‘stands apart,’ newspaper review finds

The felony business-records case against former President Donald Trump “stands apart” because the indictment does not include any separate charges, according to the New York Times, which reviewed about 30 such cases.

May 9, 2023 1:56 PM CDT

BigLaw partner agrees to pay more than $7.2M to settle allegations of unpaid taxes

A Williams & Connolly partner has agreed to pay more than $7.2 million to settle the federal government’s civil suit for unpaid federal income taxes.

Lawyer Robert Shaughnessy and…

Apr 18, 2023 10:45 AM CDT

Billionaire who treated Justice Thomas to vacations also bought property from him and his relatives

A company owned by billionaire Harlan Crow bought a home and two vacant lots from U.S. Supreme Court Justice Clarence Thomas and his relatives in 2014, according to a new report by ProPublica.

Apr 14, 2023 9:43 AM CDT

Justice Thomas cruises on yachts and flies on private jets, thanks to billionaire GOP donor, report says

Updated: U.S. Supreme Court Justice Clarence Thomas has been hobnobbing with billionaire Republican megadonor Harlan Crow, who has showered Thomas and his wife with gifts of luxury travel for more than two decades, according to an investigative report by ProPublica.

Apr 6, 2023 12:40 PM CDT

Why Trump is charged with 34 counts of falsifying business records for one $130K hush-money payment

Former President Donald Trump has been charged with 34 felony counts of falsifying business records as part of an alleged scheme to influence the 2016 presidential election and mischaracterize payments for tax purposes.

Apr 5, 2023 8:36 AM CDT