TaxProf Blog

Editor: Paul L. Caron
Pepperdine University School of Law

A Member of the Law Professor Blogs Network

Tuesday, April 22, 2014

Law Professor Blogs Network Launches Clinical Law Prof Blog

LPBN LogoThe Law Professor Blogs Network is thrilled to announce the launch of Clinical Law Prof Blog, edited by Jeff Baker (Pepperdine) with these contributing editors:

  • Bryan Adamson (Seattle)
  • Kim Bart (Duke)
  • Kelly Behre (UC-Davis)
  • Warren Binford (Willamette)
  • Kristina Campbell (UDC)
  • Tanya Cooper (Alabama)
  • Meta Copeland (Mississippi College)
  • Jill Engle (Penn State)
  • Carrie Hagan (Indiana)
  • D’lorah Hughes (Arkansas (Fayetteville))
  • Robert Lancaster (LSU)
  • Inga Laurent (Gonzaga)
  • Kelly McTear (Faulkner)
  • Kelly Olson (Arkansas (Little Rock))
  • Brittany Stringfellow Otey (Pepperdine)
  • Danny Schaffzin (Memphis)
  • Kelly Terry (Arkansas (Little Rock))
  • Virgil Wiebe (St. Thomas)

From Jeff's inaugural post:

We hope to amplify and magnify the work of clinical law professors, to share resources and ideas and to collaborate with our colleagues online and in social media who are serving our community.  We write to advance the twin causes of good teaching and justice.   

With the support of our sponsor Wolters Kluwer Law & Business/Aspen Publishers, the Network is seeking to expand in two ways.

First, I am actively recruiting law professors to launch blogs in other areas of the law school curriculum not currently covered by the Network, including Administrative Law, Bankruptcy, Intellectual Property, National Security, Native American Law, Race and the Law, and Trial Advocacy.

Second, I am actively recruiting law professors to affiliate their existing blogs with the Network, as have Brian Leiter's Law School Reports, Brian Leiter's Law School Rankings, Tom Smith's The Right Coast, and Doug Berman's Sentencing Law and Policy.

The Network offers law professors the premier blogging platform and the opportunity to share in growing sponsorship and advertising revenues. For more information about these opportunities, see here.

April 22, 2014 in About This Blog, Legal Education, Tax | Permalink | Comments (0)

Wednesday, April 16, 2014

The Right Coast Joins the Law Professor Blogs Network

LPBN LogoI am delighted to announce that The Right Coast, edited by Thomas A. Smith (San Diego), has joined the Law Professor Blogs Network.  

With the support of our sponsor Wolters Kluwer Law & Business/Aspen Publishers, the Network is seeking to expand in two ways.

First, I am actively recruiting law professors to launch blogs in other areas of the law school curriculum not currently covered by the Network, including Administrative Law, Bankruptcy, Intellectual Property, National Security, Native American Law, Race and the Law, and Trial Advocacy.

Second, I am actively recruiting law professors to affiliate their existing blogs with the Network, like Tom Smith's The Right Coast, Brian Leiter's Law School Reports, Brian Leiter's Law School Rankings, and Doug Berman's Sentencing Law and Policy.

The Network offers law professors the premier blogging platform and the opportunity to share in growing sponsorship and advertising revenues. For more information about these opportunities, see here.

April 16, 2014 in About This Blog, Legal Education | Permalink | Comments (3)

Wednesday, April 2, 2014

Subscribing to TaxProf Blog

SubscribeWe offer three ways to have TaxProf Blog content automatically delivered to your computer, tablet, or smart phone:

RSS Feeds:  You can subscribe to one of three different feeds to receive TaxProf Blog posts via your RSS reader:

Email:  You can subscribe to receive TaxProf Blog posts via email through one of three approaches:

  • FeedBlitz:  Enter your email address here to receive TaxProf Blog posts via email, delivered to you either daily, every 12 hours, every 8 hours, every 4 hours, or hourly (at your option).
  • TaxProf Blog Tax Email Service:  Email me to be added to my twice daily (during the week) and once daily (on the weekend) emails to the TaxProf Discussion Group with titles and links to recent TaxProf Blog posts on tax topics.
  • TaxProf Blog Legal Education Email Service:  Email me to be added to my email distribution list with titles and links to recent TaxProf Blog posts on legal education topics.

April 2, 2014 in About This Blog, Legal Education, Tax | Permalink | Comments (0)

Wednesday, March 12, 2014

New 2015 U.S. News Tax Rankings

U.S. News 2015Here are the new 2015 U.S. News Tax Rankings, along with last year's rankings:

2015

Rank

 Tax

Program

2014

Rank

1

NYU

1

2

Florida

3

3

Georgetown

2

4

Northwestern

4

5

Boston University

7

5

Columbia

13

5

Miami

5

8

Harvard

12

8

San Diego

14

10

U. Washington

10

11

Virginia

7

12

UCLA

10

12

USC

5

14

Loyola-L.A.

7

15

Michigan

14

n/r

Boston College

16

n/r

UC-Hastings

17

n/r

Houston

18

The biggest movers are:

  • +8:  Columbia (#5)
  • +6   San Diego (#8)
  • +4:  Harvard (#8)
  • -7:   USC (#12), Loyola-L.A. (#14)
  • -4:   Virginia (#11)  

Boston College (#16), UC-Hastings (#17), and Houston (#18) were ranked last year and are unranked this year.

Here are the rankings of the graduate tax programs, along with last year's rankings.

2015

Rank

Grad Tax

Program

2014

Rank

1

NYU

1

2

Florida

3

3

Georgetown

2

4

Northwestern

4

5

Miami

5

5

Boston University

6

7

San Diego

9

8

U. Washington

8

9

Loyola-L.A.

7

n/r

Houston

10

Houston (#10) was ranked last year and is unranked this year.

The U.S. News tax survey instrument states that it is intended "to identify the law schools having the top programs in tax law." The survey is sent "to a sample of law school faculty listed in the AALS Directory of Law Teachers 2012-2013 as currently teaching a course or seminar in tax law." Recipients are asked "to [i]dentify up to fifteen (15) schools that have the highest-quality tax law courses or programs. In making your choices consider all elements that contribute to a program's excellence, for example, the depth and breadth of the program, faculty research and publication record, etc."

As Donald Tobin (Ohio State) has noted, it is more than strange that NYU has finished ahead of Florida and Georgetown each year that U.S. News has conducted the survey.  Because the survey ranks the schools by how often they appear on the respondents' "Top 15" lists, this means that some folks list NYU, but not Florida and Georgetown, among the Top 15 tax programs.

For more on tax rankings, see our article, Pursuing a Tax LLM Degree: Where?, which compiles information about 13 highly ranked tax LLM programs: (1) NYU; (2) Florida; (3) Georgetown; (4) Northwestern; (5) Miami; (6) Boston University; (7) San Diego; (8) Loyola-L.A./LMU; (9) SMU; (10) Denver; (11) University of Washington; (12) Villanova; and (13) Chapman. The topics on which information is reported in the Article include: (1) tuition; (2) scholarships; (3) the full-time tax professors who teach in each program and the tax courses they teach; (4) the number of full-time and part-time students enrolled in each program; (5) general information about adjunct professors teaching in each program; (6) required courses; (7) elective courses, specialty certificates, and concentrations; (8) opportunities to develop tax practice skills by taking experiential learning courses and simulated practice courses; (9) extracurricular tax activities; (10) opportunities to graduate with honors or receive academic prizes; and (11) career planning and placement services offered to students in each program. The article also ranks the tax faculty at these thirteen law schools by citations (the Top 5 are NYU (1), Florida (2), Georgetown (3), Miami (4), and Northwestern (5)) and SSRN downloads (the Top 5 are Loyola-L.A. (1), NYU (2), Chapman (3), Florida (4), and San Diego (5)).

Other resources available on TaxProf Blog include:

March 12, 2014 in About This Blog, Law School Rankings, Legal Education, Tax | Permalink | Comments (2)

Monday, February 3, 2014

Subscribing to TaxProf Blog

SubscribeWe offer three ways to have TaxProf Blog content automatically delivered to your computer, tablet, or smart phone:

RSS Feeds:  You can subscribe to one of three different feeds to receive TaxProf Blog posts via your RSS reader:

Email:  You can subscribe to receive TaxProf Blog posts via email through one of three approaches:

  • FeedBlitz:  Enter your email address here to receive TaxProf Blog posts via email, delivered to you either daily, every 12 hours, every 8 hours, every 4 hours, or hourly (at your option).
  • TaxProf Blog Tax Email Service:  Email me to be added to my twice daily (during the week) and once daily (on the weekend) emails to the TaxProf Discussion Group with titles and links to recent TaxProf Blog posts on tax topics.
  • TaxProf Blog Legal Education Email Service:  Email me to be added to my email distribution list with titles and links to recent TaxProf Blog posts on legal education topics.

February 3, 2014 in About This Blog, Legal Education, Tax | Permalink | Comments (0)

Wednesday, January 8, 2014

Law Professor Blogs Network Traffic Up 87.5% in 2013

LPBN LogoThe Law Professor Blogs Network enjoyed a record-setting 2013, with traffic up 87.5% over 2012 as total network page views topped 18 million.  Eighteen of the network's blogs are among the 50 most popular blogs edited by law professors.  Four network blogs were named to the ABA Blawg 100 ("the 100 best Web sites by lawyers, for lawyers, as chosen by the editors of the ABA Journal"), and one network blog was named to the ABA Blawg 100 Hall of Fame.

I acquired 100% control of the network in May and launched a top-to-bottom re-design in July (details here).  Brian Leiter's Law School Reports and Law School Rankings joined the network in October.  The network launched nine new blogs in 2013:

With the support of our sponsor Wolters Kluwer Law & Business/Aspen Publishers, the network is seeking to expand in two ways.

First, I am actively recruiting law professors to launch additional new blogs in other areas of the law school curriculum not currently covered by the network, including Administrative Law, Bankruptcy, Human Rights, Intellectual Property, Law & Economics, National Security, Native American Law, Race and the Law, and Trial Advocacy.

Second, I am actively recruiting law professors to affiliate their existing blogs with the network, as have Brian Leiter's Law School Reports, Brian Leiter's Law School Rankings, and Doug Berman's Sentencing Law and Policy.

The network offers law professors the premier blogging platform and the opportunity to share in growing sponsorship and advertising revenues. For more information about these opportunities, see here.

January 8, 2014 in About This Blog, Legal Education, Tax | Permalink | Comments (1)

Tuesday, January 7, 2014

The 10 Most Popular TaxProf Blog Posts of 2013

Monday, December 2, 2013

Subscribing to TaxProf Blog

SubscribeWe offer three ways to have TaxProf Blog content automatically delivered to your computer, tablet, or smart phone:

RSS Feeds:  You can subscribe to one of three different feeds to receive TaxProf Blog posts via your RSS reader:

Email:  You can subscribe to receive TaxProf Blog posts via email through one of three approaches:

  • FeedBlitz:  Enter your email address here to receive TaxProf Blog posts via email, delivered to you either daily, every 12 hours, every 8 hours, every 4 hours, or hourly (at your option).
  • TaxProf Blog Tax Email Service:  Email me to be added to my twice daily (during the week) and once daily (on the weekend) emails to the TaxProf Discussion Group with titles and links to recent TaxProf Blog posts on tax topics.
  • TaxProf Blog Legal Education Email Service:  Email me to be added to my email distribution list with titles and links to recent TaxProf Blog posts on legal education topics.

December 2, 2013 in About This Blog, Legal Education, Tax | Permalink | Comments (0)

Wednesday, November 27, 2013

TaxProf Blog Named to Blawg 100 Hall of Fame by ABA Journal

VoteI am thrilled that, for the sixth year in a row, TaxProf Blog has been named to the ABA Journal's list of "the 100 best Web sites by lawyers, for lawyers, as chosen by the editors of the ABA Journal" -- the 2013 Blawg 100, selected from more than 3,600 blawgs. TaxProf Blog is one of fifteen blogs nominated in the Niche category. Here is the ABA Journal's description of TaxProf Blog:

Paul Caron, a professor at Pepperdine University School of Law, covers tax reform in the news and scholarship related to U.S. tax law, and he notes celebrity tax disasters. But we like TaxProf at least as much for Caron's exhaustive coverage of news and debates covering legal education. He became the sole owner of the Law Professor Blogs Network and a makeover of that group of blogs soon followed.

HallofFameI am also thrilled that TaxProf Blog has been named to the ABA Blawg 100 Hall of Fame:

In 2012, we established the Blawg 100 Hall of Fame for those blogs which had consistently been outstanding throughout multiple Blawg 100 lists. The inaugural list contained 10 inductees; this year, we added 10 more.

Three other members of our Law Professor Blogs Network also were named to the Blawg 100 by the ABA Journal:

  • The Legal Whiteboard, edited by Michele DeStefano (Miami), William Henderson (Indiana), & Jeffrey Lipshaw (Suffolk), nominated in the Careers/Law Schools category
  • Legal Writing Prof Blog, edited by Judith Fischer (Louisville), Sue Liemer (Southern Illinois), Nancy Soonpaa (Texas Tech) &  Mark Wojcik (John Marshall), nominated in the Legal Research/Legal Writing category
  • Wills, Trusts & Estates Prof Blog, edited by Gerry Beyer (Texas Tech), nominated in the Niche category

To vote, go here. (Voting ends December 20.)

November 27, 2013 in About This Blog, Legal Education, Tax | Permalink | Comments (1)

Monday, November 4, 2013

Subscribing to TaxProf Blog

SubscribeWe offer three ways to have TaxProf Blog content automatically delivered to your computer, tablet, or smart phone:

RSS Feeds:  You can subscribe to one of three different feeds to receive TaxProf Blog posts via your RSS reader:

Email:  You can subscribe to receive TaxProf Blog posts via email through one of three approaches:

  • FeedBlitz:  Enter your email address here to receive TaxProf Blog posts via email, delivered to you either daily, every 12 hours, every 8 hours, every 4 hours, or hourly (at your option).
  • TaxProf Blog Tax Email Service:  Email me to be added to my twice daily (during the week) and once daily (on the weekend) emails to the TaxProf Discussion Group with titles and links to recent TaxProf Blog posts on tax topics.
  • TaxProf Blog Legal Education Email Service:  Email me to be added to my email distribution list with titles and links to recent TaxProf Blog posts on legal education topics.

November 4, 2013 in About This Blog, Legal Education, Tax | Permalink | Comments (0)

Tuesday, October 1, 2013

Subscribing to TaxProf Blog

SubscribeWe offer three ways to have TaxProf Blog content automatically delivered to your computer, tablet, or smart phone:

RSS Feeds:  You can subscribe to one of three different feeds to receive TaxProf Blog posts via your RSS reader:

Email:  You can subscribe to receive TaxProf Blog posts via email through one of three approaches:

  • FeedBlitz:  Enter your email address here to receive TaxProf Blog posts via email, delivered to you either daily, every 12 hours, every 8 hours, every 4 hours, or hourly (at your option).
  • TaxProf Blog Tax Email Service:  Email me to be added to my twice daily (during the week) and once daily (on the weekend) emails to the TaxProf Discussion Group with titles and links to recent TaxProf Blog posts on tax topics.
  • TaxProf Blog Legal Education Email Service:  Email me to be added to my email distribution list with titles and links to recent TaxProf Blog posts on legal education topics.

October 1, 2013 in About This Blog, Legal Education, Tax | Permalink | Comments (0)

Tuesday, September 3, 2013

Subscribing to TaxProf Blog

SubscribeWe offer three ways to have TaxProf Blog content automatically delivered to your computer, tablet, or smart phone:

RSS Feeds:  You can subscribe to one of three different feeds to receive TaxProf Blog posts via your RSS reader:

Email:  You can subscribe to receive TaxProf Blog posts via email through one of three approaches:

  • FeedBlitz:  Enter your email address here to receive TaxProf Blog posts via email, delivered to you either daily, every 12 hours, every 8 hours, every 4 hours, or hourly (at your option).
  • TaxProf Blog Tax Email Service:  Email me to be added to my twice daily (during the week) and once daily (on the weekend) emails to the TaxProf Discussion Group with titles and links to recent TaxProf Blog posts on tax topics.
  • TaxProf Blog Legal Education Email Service:  Email me to be added to my email distribution list with titles and links to recent TaxProf Blog posts on legal education topics.

September 3, 2013 in About This Blog, Legal Education, Tax | Permalink | Comments (0)

Wednesday, July 3, 2013

U.S. News May Add Employer Survey to Law School Rankings

US News (2014)Above the Law reports that U.S. News is considering adding an employer survey to its annual law school rankings:

A tipster tells us that U.S. News is sending the following email to every law school head of admissions:

On the recommendation of law school deans, we are asking you, and each of the 194 law schools that were ranked by U.S. News last year, to submit contact information for a maximum of ten persons who have significant contact in the workplace with your recent graduates.

These persons should be able to make judgments about the competence of your graduates in their discipline relative to the general field of graduates in that discipline and hence, by extension, to rate the effective quality of your program. You may submit names and contact information of law hiring partners at firms who hired recent graduates from your school, judges (local, state, federal) who hired recent graduates as clerks, and contacts at businesses, non-profits, or other agencies and organizations that hired recent graduates for legal matters.

This is the first year we have instituted this system and we are hoping that you will aid us in making it successful.

We will use this information in the construction of a respondent sample for a survey to be sent out by mail in October 2013. The survey will use the same Likert scale format that we use for the survey sent to the dean of your law school. Like that survey, this one will ask for quality evaluations on a five-point scale, with a “don’t know” option. Please take steps to ensure that the contact information you supply us is current and valid. The survey is mailed and we cannot use names that do not have a valid mailing address or those with a non-U.S. mailing address.

Thank you for your participation!

U.S. News & World Report

Two thoughts on this. First, why is this going to admissions as opposed to career services? One would hope career services has the closest contact with employers.

Second, isn’t this transparently gameable? Admissions gets to hand-select 10 employers willing to sing the praises of recent graduates. A random survey of employers may not get perfect results, but at least it would avoid this bias.

July 3, 2013 in About This Blog, Law School Rankings, Legal Education | Permalink | Comments (0) | TrackBack (0)

Monday, July 1, 2013

Subscribing to TaxProf Blog

We offer three ways to have TaxProf Blog content automatically delivered to your computer, tablet, or smart phone:

RSS Feeds:  You can subscribe to one of three different feeds to receive TaxProf Blog posts via your RSS reader:

Email:  You can subscribe to receive TaxProf Blog posts via email through one of three approaches:

  • FeedBlitz:  Enter your email address here to receive TaxProf Blog posts via email, delivered to you either daily, every 12 hours, every 8 hours, every 4 hours, or hourly (at your option).
  • TaxProf Blog Tax Email Service:  Email me to be added to my twice daily (during the week) and once daily (on the weekend) emails to the TaxProf Discussion Group with titles and links to recent TaxProf Blog posts on tax topics.
  • TaxProf Blog Legal Education Email Service:  Email me to be added to my email distribution list with titles and links to recent TaxProf Blog posts on legal education topics.

July 1, 2013 in About This Blog, Legal Education, Tax | Permalink | Comments (0) | TrackBack (0)

Saturday, June 15, 2013

Caron Presents Law Professor Blogs Network 2.0 Today at the CALI Conference at Chicago-Kent

CALI LogoI am presenting Law Professor Blogs Network 2.0: Faculty, IT and Vendor Collaboration at 11:30 a.m. EST today (video here) at the 23rd Annual Conference for Law School Computing at Chicago-Kent College of Law:

The Law Professor Blogs Network is the nation's only network of legal blogs edited primarily by law professors. The network owns and operates forty legal blogs, edited by leading scholars and educators who are committed to providing the web destination for law professors, practitioners, government and nonprofit lawyers, legal information professionals, and students in their respective fields. Since the launch of TaxProf Blog on April 15, 2004, the network’s influence has continued to grow with roughly ten million annual page views in recent years. After nine years of operation, the network is undertaking a major re-design to provide the premier legal blogging platform to our editors. The re-design will (1) optimize each blog for viewing across a variety of platforms (desktop, laptop, tablet, and smart phone); (2) better integrate social media; (3) provide more robust analytics with richer and more accurate readership data; and (4) strengthen our partnership with Wolters Kluwer Law & Business/Aspen Publishers and provide additional avenues for monetization.

June 15, 2013 in About This Blog, Conferences, Legal Education, Tax | Permalink | Comments (0) | TrackBack (0)

Wednesday, May 1, 2013

Subscribing to TaxProf Blog

We offer three ways to have TaxProf Blog content automatically delivered to your computer, tablet, or smart phone:

RSS Feeds:  You can subscribe to one of three different feeds to receive TaxProf Blog posts via your RSS reader:

Email:  You can subscribe to receive TaxProf Blog posts via email through one of three approaches:

  • FeedBlitz:  Enter your email address here to receive TaxProf Blog posts via email, delivered to you either daily, every 12 hours, every 8 hours, every 4 hours, or hourly (at your option).
  • TaxProf Blog Tax Email Service:  Email me to be added to my twice daily (during the week) and once daily (on the weekend) emails to the TaxProf Discussion Group with titles and links to recent TaxProf Blog posts on tax topics.
  • TaxProf Blog Legal Education Email Service:  Email me to be added to my email distribution list with titles and links to recent TaxProf Blog posts on legal education topics.

May 1, 2013 in About This Blog, Legal Education, Tax | Permalink | Comments (0) | TrackBack (0)

Monday, April 15, 2013

Nine-Year Anniversary of TaxProf Blog

Happy_anniversary_1Today marks the nine-year anniversary of TaxProf Blog (and the eighteen-year anniversary of the TaxProf Email Discussion Group). I hope the blog has at least partially succeeded in its mission (announced in my very first post) to provide both (1) permanent resources & links, and (2) daily news & information, of interest to law school tax professors and students; tax lawyers in private practice, government, nonprofits, for-profit corporations, and think tanks; accountants; and others in the tax community. Here are some numbers:

  • Page Views:  23,200,000
  • Visitors:  17,485,000
  • Comments:  35,500
  • Posts: 25,200

April 15, 2013 in About This Blog, Legal Education, Scholarship | Permalink | Comments (4) | TrackBack (0)

Monday, April 1, 2013

Subscribing to TaxProf Blog

We offer three ways to have TaxProf Blog content automatically delivered to your computer, tablet, or smart phone:

RSS Feeds:  You can subscribe to one of three different feeds to receive TaxProf Blog posts via your RSS reader:

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  • FeedBlitz:  Enter your email address here to receive TaxProf Blog posts via email, delivered to you either daily, every 12 hours, every 8 hours, every 4 hours, or hourly (at your option).
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April 1, 2013 in About This Blog, Legal Education, Tax | Permalink | Comments (0) | TrackBack (0)

Friday, March 1, 2013

Subscribing to TaxProf Blog

We offer three ways to have TaxProf Blog content automatically delivered to your computer, tablet, or smart phone:

RSS Feeds:  You can subscribe to one of three different feeds to receive TaxProf Blog posts via your RSS reader:

Email:  You can subscribe to receive TaxProf Blog posts via email through one of three approaches:

  • FeedBlitz:  Enter your email address here to receive TaxProf Blog posts via email, delivered to you either daily, every 12 hours, every 8 hours, every 4 hours, or hourly (at your option).
  • TaxProf Blog Tax Email Service:  Email me to be added to my twice daily (during the week) and once daily (on the weekend) emails to the TaxProf Discussion Group with titles and links to recent TaxProf Blog posts on tax topics.
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March 1, 2013 in About This Blog, Legal Education, Miscellaneous, Tax | Permalink | Comments (0) | TrackBack (0)

Friday, February 1, 2013

Subscribing to TaxProf Blog

We offer three ways to have TaxProf Blog content automatically delivered to your computer, tablet, or smart phone:

RSS Feeds:  You can subscribe to one of three different feeds to receive TaxProf Blog posts via your RSS reader:

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  • FeedBlitz:  Enter your email address here to receive TaxProf Blog posts via email, delivered to you either daily, every 12 hours, every 8 hours, every 4 hours, or hourly (at your option).
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February 1, 2013 in About This Blog, Legal Education, Tax | Permalink | Comments (0) | TrackBack (0)

Thursday, January 10, 2013

TaxProf Blog Named Best Law Professor Blog of 2012

I am delighted that TaxProf Blog has been named the Best Law Professor Blog by Dennis Kennedy in his ninth annual Best of Law-related Blogging Awards (the “Blawggies”):

Best Law Professor Blog – Paul Caron’s The TaxProf Blog

The Blawggies have always had a spot for the best law professor blog. In part, it’s my little effort to bridge the great divide between practicing lawyers and law professors.

I have a repeat winner here and it’s a great blog to read as we approach the fiscal cliff. As I said last year, the test of a great blog is how it keeps me returning to it time after time because of its great posts when it’s outside my subject matter. The topic here is U.S. tax, but Paul ventures into the real word with regular, thoughtful posts. It’s a blog with an academic focus and a a real world impact. My greatest compliment: reading this blog makes me want to take a class from Paul. I hope he’s thinking about doing some online courses.

I am also pleased that our sister Legal Skills Prof Blog was the runner up:

Yes, I know, I’m involved in this one, but I don’t post very often, so I can pretend to be objective. This blog has great coverage of the current debate about what needs to be done with the current approach to legal education and what law schools are doing in the area of skills education.

January 10, 2013 in About This Blog, Legal Education, Miscellaneous, Tax | Permalink | Comments (4) | TrackBack (0)

Friday, January 4, 2013

ABA Blawg 100 Results

ABAKudos to two members of our Law Professor Blogs Network for being selected by readers as the top law blog in their respective categories from among "the 100 best Web sites by lawyers, for lawyers, as chosen by the editors of the ABA Journal" -- the 2012 Blawg 100:

Four other members of our Law Professor Blogs Network were named to the Blawg 100:

January 4, 2013 in About This Blog, Legal Education, Tax | Permalink | Comments (1) | TrackBack (0)

Wednesday, January 2, 2013

Subscribing to TaxProf Blog

We offer three ways to have TaxProf Blog content automatically delivered to your computer, tablet, or smart phone:

RSS Feeds:  You can subscribe to one of three different feeds to receive TaxProf Blog posts via your RSS reader:

Email:  You can subscribe to receive TaxProf Blog posts via email through one of three approaches:

  • FeedBlitz:  Enter your email address here to receive TaxProf Blog posts via email, delivered to you either daily, every 12 hours, every 8 hours, every 4 hours, or hourly (at your option).
  • TaxProf Blog Tax Email Service:  Email me to be added to my twice daily (during the week) and once daily (on the weekend) emails to the TaxProf Discussion Group with titles and links to recent TaxProf Blog posts on tax topics.
  • TaxProf Blog Legal Education Email Service:  Email me to be added to my email distribution list with titles and links to recent TaxProf Blog posts on legal education topics.

January 2, 2013 in About This Blog, Legal Education, Tax | Permalink | Comments (0) | TrackBack (0)

Monday, December 3, 2012

Subscribing to TaxProf Blog

We offer three ways to have TaxProf Blog content automatically delivered to your computer, tablet, or smart phone:

RSS Feeds:  You can subscribe to one of three different feeds to receive TaxProf Blog posts via your RSS reader:

Email:  You can subscribe to receive TaxProf Blog posts via email through one of three approaches:

  • FeedBlitz:  Enter your email address here to receive TaxProf Blog posts via email, delivered to you either daily, every 12 hours, every 8 hours, every 4 hours, or hourly (at your option).
  • TaxProf Blog Tax Email Service:  Email me to be added to my twice daily (during the week) and once daily (on the weekend) emails to the TaxProf Discussion Group with titles and links to recent TaxProf Blog posts on tax topics.
  • TaxProf Blog Legal Education Email Service:  Email me to be added to my email distribution list with titles and links to recent TaxProf Blog posts on legal education topics.

December 3, 2012 in About This Blog, Legal Education, Tax | Permalink | Comments (0) | TrackBack (0)

Monday, November 26, 2012

TaxProf Blog Named Top 100 Law Blog by ABA Journal

Blawg

I am thrilled that, for the fifth year in a row, TaxProf Blog has been named to the ABA Journal's list of "the 100 best Web sites by lawyers, for lawyers, as chosen by the editors of the ABA Journal" -- the 2012 Blawg 100, selected from more than 3,600 blawgs. TaxProf Blog is one of fourteen blogs nominated in the Niche category. Here is the ABA Journal's description of TaxProf Blog:

Paul Caron of the University of Cincinnati goes well beyond his bread-and-butter tax law and covers law schools and the controversies that surround them. He offers particular insights into law school rankings, doing his own analysis to highlight important developments.

Five other members of our Law Professor Blogs Network also were named to the Blawg 100:

In addition, Legal Profession Blog was one of ten blawgs to make the Inaugural Blawg 100 Hall of Fame. And kudos to Tax Girl, nominated in the Niche category. To vote, go here.  (Voting ends December 21.)

November 26, 2012 in About This Blog, Legal Education, Tax | Permalink | Comments (0) | TrackBack (0)

Tuesday, November 6, 2012

The Global Tax 50

Global Tax Top 50I am honored to be included on International Tax Review's The Global Tax 50 -- "the individuals and organisations we believe have made a substantial impact on tax practice and administration in the last 12 months" I am flattered to be on the list with such high-powered people in the tax world, including:

  • Max Baucus (Chair, Senate Finance Committee)
  • Dave Camp (Chair, House Ways & Means Committee)
  • Francois Hollande (President, France)
  • Carl Levin (Chair, Senate Subcommittee on Permanent Investigations)
  • Will Morris (Global Tax Policy Director, GE)
  • Marshall Rothstein (Justice, Supreme Court of Canada)
  • Paul Ryan (Chair, House Budget Committee)
  • Pascal Saint-Amans (Director, OECD Centre for Tax Policy and Administration)
  • Nicolas Sarkozy (Former President, France)
  • Dan Shaviro (Tax Professor and Blogger, NYU)
  • Lee Sheppard (Contributing Editor, Tax Analysts)

November 6, 2012 in About This Blog, Legal Education, Tax | Permalink | Comments (1) | TrackBack (0)

Thursday, November 1, 2012

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November 1, 2012 in About This Blog, Legal Education, Tax | Permalink | Comments (0) | TrackBack (0)

Monday, October 1, 2012

Subscribing to TaxProf Blog

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October 1, 2012 in About This Blog, Legal Education, Tax | Permalink | Comments (0) | TrackBack (0)

Tuesday, September 25, 2012

100 Most Influential People in Tax and Accounting

Top 100I am honored to be included on the list of Accounting Today's 100 Most Influential People in Tax and Accounting for the seventh year in a row. I am flattered to be on the list with such high-powered people in the tax and accounting worlds, including:

September 25, 2012 in About This Blog, Legal Education, Tax | Permalink | Comments (3) | TrackBack (0)

Tuesday, September 4, 2012

Subscribing to TaxProf Blog

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September 4, 2012 in About This Blog, Legal Education, Miscellaneous, Tax | Permalink | Comments (0) | TrackBack (0)

Wednesday, August 1, 2012

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August 1, 2012 in About This Blog, Legal Education, Tax | Permalink | Comments (0) | TrackBack (0)

Friday, July 6, 2012

Bulls, Bears, and the Ballot Box

BullsMy Cincinnati colleague Lew Godfarb has published Bulls, Bears and the Ballot Box: How the Performance of OUR Presidents Has Impacted YOUR Wallet (Advantage Media Group, July 1, 2013) (with Bob Deitrick):

Which U.S. Presidents have been the best and worst economic stewards for our nation, the business community, and the average American family? Which political party has demonstrated superior economic performance while serving in the White House? Which economic principles have led to each President’s success or failure? What have our elected officials and the voters learned from these results? Bulls, Bears, and the Ballot Box will examine these and many other questions. The answers will surprise you.

The authors review 80 years of our nation’s economic history from the Great Depression and Herbert Hoover, to the Great Recession and George W. Bush; a time period in which the Democratic and Republican Parties occupied the Oval Office for precisely 40 years each. This is where the similarity ends. The authors explore this unique comparative opportunity by using historical data, as well as statistical analysis, to objectively score the Presidents and the political parties under their customized ranking system. Using their Presidential Rules for Economic Success, they explain the economic stumbles and triumphs posted by these 13 presidents as CEO’s of the American economy.

July 6, 2012 in About This Blog, Book Club, Tax | Permalink | Comments (0) | TrackBack (0)

Friday, June 1, 2012

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June 1, 2012 in About This Blog, Legal Education, Tax | Permalink | Comments (0) | TrackBack (0)

Wednesday, May 30, 2012

Bishop: Sectorization & L3C Regulatory Arbitrage of Joint Ventures with Nonprofits

Carter G. Bishop (Suffolk), Sectorization & L3C Regulatory Arbitrage of Joint Ventures with Nonprofits:

The raison d’etre for the nascent low-profit limited liability company (L3C) is to stimulate collaboration (“sectorization”) among government, private and charitable sectors in order to redirect for-profit capital models into the nonprofit sector. The hope is that the L3C will not only generate additional resources for charitable purposes, but also fundamentally transform business culture by signaling a more efficient way to “do good while doing well.” The L3C has been criticized for targeting only private foundation program related investments, a capital pipeline already exhausted by existing profit entity models. When compared to the existing nonprofit joint venture, the L3C emerges as a less efficient arbitrage model for stimulating profit sector investment in charitable enterprises. A comparative analysis yields instructive lessons regarding deficiencies in federal tax regulation of program related investments and joint ventures. In both cases, the federal tax rules utilize a differing “control test” to assure the exempt entity directs assets toward its charitable mission and away from private benefit to profit sector participants. This Article provides the first comprehensive comparative theory that the existing nonprofit-profit joint venture model is a more efficient solution to assuring compliance with the charitable mission when blending market returns to market capital investors. This theoretical framework exposes why L3C statutory operating procedures unnecessarily cripple profit efforts, undermine its effectiveness, and present policy dilemmas less prevalent in joint ventures where the nonprofit must exercise control over the business entity rather than simply an investment in the entity. As a result, program related investments should be scaled back and limited to determining only whether an investment jeopardizes a foundation’s exempt mission where the scale of the investment has a self-limiting role.

May 30, 2012 in About This Blog, Scholarship, Tax | Permalink | Comments (0) | TrackBack (0)

Thursday, May 24, 2012

Deborah Jones Merritt: Client-Centered Law Schools

Deborah Jones Merritt (Ohio State), Client Centered Law Schools:

[L]aw schools should educate students to provide the qualities that clients seek. How would law schools do that?

Many people asking this question point to the medical school model, suggesting that law schools should adopt one (or two) years of clinical rotations, perhaps followed by additional years of residency. I would not adopt that model wholesale. For one thing, it is far too expensive for the legal profession. Medical education rests upon enormous payments from Medicare, private insurance, government research grants, and private research funding, plus hefty tuition. Medicare alone contributes $9.1 billion a year to teaching hospitals, which helps pay for resident salaries and teaching costs. We don't have that kind of government support or private insurance in law.

But that shouldn't stop us from making legal education more responsive to clients. There are solutions that lie within our grasp, some of which borrow from less well known corners of medical education. I'll limit this post to my first four suggestions.

The first step is simply to embrace client needs as a measuring stick for curriculum decisions. That's a surprisingly radical notion in legal education. We talk sometimes about meeting student needs, and we reflect other times on employer demands. We plot constantly about how to raise our US News ranking. But we rarely ask directly, does this course/program/pedagogical method maximize the value we are providing to future clients? ...

The second step is to bring clients into the curriculum. One of the best features of medical school, in my opinion, is that students practice patient interviews and meet real patients during their very first year. ...

Third, I would seek new models to add hands-on professional work to legal education. There are ambitious ideas like Bradley Borden and Robert Rhee's proposal for a law school firm. I can imagine smaller initiatives involving partnerships between law schools and particular employers. ...

Fourth, I would rethink the teaching of every doctrinal course. ...

Those are my first four ideas for creating more client-centered law schools. Since you know me by now, you can guess that I have a lot more suggestions. A few of the others are (a) academic prerequisites to law school admission; (b) upper-level "uncasebooks" that teach the law without appellate opinions; (c) courses on law practice management and trends in the business of law; (d) law practice shadowing opportunities; (e) introductions to more of the technologies used in law practice; and (f) requiring every full-time faculty member and top-level administrator to demonstrate ongoing proficiency in the rules of professional responsibility. ...

How will we pay for these changes? Not through increased tuition. I would ask all tenured faculty to recognize the disproportionate amount of time we have devoted to research during the last twenty years and to "give back" some of that time by spending a disproportionate amount of time on pedagogic reform over the next three years. Going forward, I would reduce the amount of time and money we devote to research rather than teaching. I strongly support academic research; despite its critics, research too benefits clients and society. But there were many law professors who produced outstanding scholarship before 1980; indeed, their work still influences us. Those professors generated their scholarship with heavier teaching loads, less research support, and no computers. I think we can match those standards today -- and even retain our computers.

Update:

May 24, 2012 in About This Blog, Legal Education | Permalink | Comments (6) | TrackBack (0)

Tuesday, May 1, 2012

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May 1, 2012 in About This Blog, Legal Education, Tax | Permalink | Comments (0) | TrackBack (0)

Thursday, April 19, 2012

Rent a Cow, Save Taxes

RentThe Atlantic: America's Dumbest Tax Loophole: The Florida Rent-a-Cow Scam, by Jordan Weissmann:

Some junk in the tax code ... isn't merely odd. During a visit to Florida this month, I became acquainted with the state's own notoriously strange loophole which ... costs untold millions of dollars every year. ...

It's known as Florida's greenbelt law. The statute is meant to preserve farmland by taxing it at special, low rate. But some of the act's biggest beneficiaries are deep-pocketed developers, who often take advantage of it by literally renting cows. ...  To qualify for the exemption, property owners are required to use their land for "bona fide" agricultural purposes. But what does "bona fide" mean? That's far from clear. Aided by lax court rulings, developers have seized on that ambiguity by leasing out their land to cattle ranchers while they prepare to build, often shaving hundreds of thousands of dollars off their tax bills. 

What does it take to qualify for the exemption? Often just a few underfed animals roaming around a mud patch. Property owners must submit a form to the government and provide evidence that they are engaged in "good-faith commercial agriculture." They don't have to generate an income from their operations. Many have been allowed to claim the exemption even after rezoning their land for non-agricultural purposes. Others have received the break after starting construction. In its unsparing, 2005 investigation of the greenbelt law, reporters from the Miami Herald visited so-called farmland where they encountered cows eating trash in grassless fields and dead animals decomposing in the dirt.... [B]eneficiaries of the law have included Walt Disney World ($1.5 million in savings), as well as U.S. Senator Bill Nelson ($43,000 in savings), who keeps about six cows on 55 acres of land near the Indian River, courtesy of a cattle ranching operation that leases the property for free. Like Nelson, some developers simply offer their land to ranchers for no charge. Others, as the Herald noted, actually pay the ranchers -- hence the loophole's nickname, "rent-a-cow." 

The total cost of these abuses isn't clear, but there are hints that it may be significant. According to a 2006 Associated Press article, the law costs Florida $950 million a year total. Some of the breaks go to legitimate commercial farms. But according to the Herald's 2005 investigation, more than two-thirds of the loophole's top 60 beneficiaries in South Florida weren't farmers. 

(Hat Tip: Ed Kleinbard.)

April 19, 2012 in About This Blog, Tax | Permalink | Comments (4) | TrackBack (0)

Monday, April 2, 2012

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April 2, 2012 in About This Blog, Legal Education, Tax | Permalink | Comments (0) | TrackBack (0)

Friday, March 30, 2012

TaxProf Blog Crosses 15 Million Visitor Mark

Yesterday afternoon, TaxProf Blog crossed the 15,000,000 visitor mark.  To put that number in perspective, it is the most visitors to any law-focused blog edited by a single law professor (and 14,981,066 more than the number of downloads of my articles and 14,999,578 more than the number of citations of my articles in law reviews).

I was surprised to learn this morning that the manager of the McDonald's on Pacific Coast Highway in Malibu is apparently a fan of TaxProf Blog:

Mcdonalds

Visitor number 15,000,000 came to the blog at 2:39 p.m. yesterday from Google headquarters in Mountain View, California as the result of (what else) a Google search:

15000000_Page_1

March 30, 2012 in About This Blog, Legal Education, Tax | Permalink | Comments (11) | TrackBack (0)

Thursday, March 1, 2012

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March 1, 2012 in About This Blog, Legal Education, Miscellaneous, Tax | Permalink | Comments (0) | TrackBack (0)

Monday, February 20, 2012

The 10 Best Websites for Law Students

National Jurist (0212)_Page_2I am thrilled that our Law Professor Blogs Network has been named one of The 10 Best Websites for Law Students by The National Jurist:

For law students who know what legal field they are interesyted in Law Professor Blogs is a great resource. Broken down by specialty, the blogs on the site are created by law professors, for law professors. The blogs contain links to recent news in their fields, as well as abstracts of newly published papers.

The other sites in the Top 10 are:

February 20, 2012 in About This Blog, Legal Education, Miscellaneous, Tax | Permalink | Comments (3) | TrackBack (0)

Thursday, February 9, 2012

The Zuckerberg Tax: A Progressive Mark-to-Market System

FacebookNew York Times op-ed, The Zuckerberg Tax, by David S. Miller (Cadwalader, New York):

When Facebook goes public later this year, Mark Zuckerberg plans to exercise stock options worth $5 billion of the $28 billion that his ownership stake will be worth. The $5 billion he will receive upon exercising those options will be treated as salary, and Mr. Zuckerberg will have a tax bill of more than $2 billion, quite possibly making him the largest taxpayer in history. He is expected to sell enough stock to pay his tax.

But how much income tax will Mr. Zuckerberg pay on the rest of his stock that he won’t immediately sell? He need not pay any. Instead, he can simply use his stock as collateral to borrow against his tremendous wealth and avoid all tax. That’s what Lawrence J. Ellison, the chief executive of Oracle, did. He reportedly borrowed more than a billion dollars against his Oracle shares and bought one of the most expensive yachts in the world.

If Mr. Zuckerberg never sells his shares, he can avoid all income tax and then, on his death, pass on his shares to his heirs. When they sell them, they will be taxed only on any appreciation in value since his death. ...

Our tax system is based on the concept of “realization.” Individuals are not taxed until they actually sell property and realize their gains. But this system makes less sense for the publicly traded stocks of the superwealthy. A drastic change is necessary to fix this fundamental flaw in our tax system and finally require people like Warren E. Buffett, Mr. Ellison and others to pay at least a little income tax on their unsold shares. The fix is called mark-to-market taxation.

For individuals and married couples who earn, say, more than $2.2 million in income, or own $5.7 million or more in publicly traded securities (representing the top 0.1% of families), the appreciation in their publicly traded stock and securities would be “marked to market” and taxed annually as if they had sold their positions at year’s end, regardless of whether the securities were actually sold. The tax could be imposed at long-term capital gains rates so tax rates would stay as they were.

We could call this tax the “Zuckerberg tax.” Under it, Mr. Zuckerberg would owe an additional $3.45 billion when Facebook went public (that’s 15% of the value of the roughly $23 billion of stock he owns). He could sell some shares to pay the tax (and would be left with over $20 billion of Facebook stock after tax), or borrow to pay the tax. ...

President Obama has proposed a “Buffett rule” that would require millionaires to pay tax at a 30% effective minimum rate. Under the rule, Mr. Buffett’s taxes might have doubled to $12 million in 2010, but this would represent only a trivial amount of additional tax for him. If the Buffett rule applied in 2010, Mr. Buffett’s effective tax rate would be only about 2/100 of 1 percent on the $8 billion in appreciation of his holdings. A Zuckerberg tax would be far better: under it Mr. Buffett would have paid $1.2 billion in tax in 2010.

A mark-to-market system of taxation on the top one-tenth of 1 percent would raise hundreds of billions of dollars of new revenue over the next 10 years. The new revenue could be used to lower payroll taxes, extend the George W. Bush tax cuts, repeal the alternative minimum tax, reduce the budget deficit, prevent military cuts or a combination of all of these.

This tax would not affect the middle class, or even most wealthy Americans. Nor would it affect small-business owners. It would affect only individuals who were undeniably, extraordinarily rich. Only publicly traded stock would be marked to market. ...

The most profound effect of a mark-to-market tax would be to level the playing field between wage earners, on one hand, and founders and investors on the other. Superwealthy holders of publicly traded securities could no longer escape tax on their vast wealth.

David explains his proposal in greater detail in A Progressive System of Mark-to-Market Taxation, 121 Tax Notes 213 (Oct. 13, 2008). For reactions, see:

(Hat Tip: Deborah Schenk.)

February 9, 2012 in About This Blog, Tax | Permalink | Comments (4) | TrackBack (0)

Wednesday, February 1, 2012

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February 1, 2012 in About This Blog, Legal Education, Miscellaneous, Tax | Permalink | Comments (0) | TrackBack (0)

Tuesday, January 3, 2012

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January 3, 2012 in About This Blog, Legal Education, Miscellaneous, Tax | Permalink | Comments (0) | TrackBack (0)

Thursday, December 29, 2011

TaxProf Blog and Mauled Again Named Best Law Professor Blogs of 2011

The 2010 Blawggies – Dennis Kennedy’s Annual Best of Law-related Blogging Awards:

The Blawggies, which honor the best law-related blogs as determined from my personal and highly-opinionated perspective, were first unleashed on an unsuspecting blogosphere in December 2004 and are an annual tradition here at DennisKennedy.Blog. ...

Best Law Professor Blog – Tie: Paul Caron’s The TaxProf Blog and Jim Maul[e]’s Mauled Again

The Blawggies have always had a spot for the best law professor blawg and now that I’m a contributing editor to the Legal Skills Prof Blog on the great Law Professor Blog Network, I feel I’m much closer to this category than ever before. In part, it’s my little effort to bridge the great divide between practicing lawyers and law professors.

I have repeat winners here. To me, the test of a great blog is how it keeps me returning to it time after time because of its great posts when it’s outside my subject matter. Jim and Paul both do a great both of covering the tax beat, with welcome excursions into legal education, the economic crisis and other areas. Both show how to write a blog with an academic focus and a a real world impact.

Runner-up – Eric Goldman’s Technology & Marketing Law Blog – Eric’s blawg covers my own area of work – information technology law and related and intellectual property law issues with gusto, style and excellent insights, all done in a way that keeps touch with the real world. Very helpful.

December 29, 2011 in About This Blog, Legal Education, Tax | Permalink | Comments (0) | TrackBack (0)

Thursday, December 1, 2011

TaxProf Blog Named Top 100 Law Blog by ABA Journal

BlawgI am thrilled that, for the fourth year in a row, TaxProf Blog has been named to the ABA Journal's list of "the 100 best Web sites by lawyers, for lawyers, as chosen by the editors of the ABA Journal" -- the 2012 Blawg 100, selected from more than 3,500 blawgs. TaxProf Blog is one of fourteen blogs nominated in the Niche category. Here is the ABA Journal's description of TaxProf Blog:

Staying on top of developments in tax law without being bored silly is the main reason to keep the blog of the University of Cincinnati’s Paul Caron on your reading list. But Caron’s reach goes well beyond tax, as illustrated by a plea he posted about a colleague’s 13-year-old daughter in need of a kidney and a touching follow-up when an anonymous law student stepped up to donate.

Three other members of our Law Professor Blogs Network also were named to the Blawg 100:

Kudos to Tax Girl, nominated in the Niche category. To vote, go here.  (Voting ends December 30.)

December 1, 2011 in About This Blog, Legal Education, Tax | Permalink | Comments (1) | TrackBack (0)

Monday, November 21, 2011

LexisNexis Top 20 Tax Law Blogs of 2011

Tuesday, November 1, 2011

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November 1, 2011 in About This Blog, Legal Education, Tax | Permalink | Comments (0) | TrackBack (0)

Wednesday, September 14, 2011

100 Most Influential People in Tax and Accounting

Top 100 Cover I am honored to be included on the list of Accounting Today's 100 Most Influential People in Tax and Accounting for the sixth year in a row. The magazine contains one-sentence explanations of why each of the folks made the list; here is mine:

In seven years, Caron has gone from an upstart exploring social media to one of the most important sources of tax news in any format, with close to 3 million visitors in 2010.

I am flattered to be on the list with such high-powered people in the tax and accounting worlds, including:

  • Max Baucus (Chair, Senate Finance Committee)
  • J. Russell George (Treasury Inspector General for Tax Administration)
  • Dave Camp (Chair, House Ways & Means Committee)
  • Orin Hatch (Ranking Member, Senate Finance Committee)
  • President Barack Obama
  • Nina Olson (National Taxpayer Advocate, IRS)
  • Mary Schapiro (Chair, SEC)
  • Douglas Shulman (Commissioner, IRS)

September 14, 2011 in About This Blog, Legal Education, Tax | Permalink | Comments (7) | TrackBack (0)

Thursday, September 1, 2011

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September 1, 2011 in About This Blog, Legal Education, Miscellaneous, Tax | Permalink | Comments (0) | TrackBack (0)