Tuesday, September 19, 2017
I was sad to learn that at the Austin meeting the ABA Tax Section Council voted to significantly reduce the academic speaker and academic leadership reimbursement policy, retaining it only for academics who meet the Tax Section's definition of "young lawyer" (under 40 or less than 5 years in practice). I believe this is a penny-wise, pound-foolish policy change and can serve only to damage the historically salutary close ties between tax practitioners and tax academics. I think my personal involvement with the ABA Tax Section would likely be much less had those reimbursements not been available to me. I explain more below the fold.
Friday, September 8, 2017
Tuesday, August 15, 2017
Monday, August 14, 2017
Friday, July 7, 2017
With the looming deadline on both the debt ceiling and the tax reconciliation bill (not to be confused with the ACHA reconciliation instructions), taxes and, hopefully, tax reform are moving to the top of the legislative agenda. The rhetoric of tax reform is heating up. Yesterday Paul Ryan tweeted:
Speaker Ryan is not the only member of GOP leadership discussing tax reform. News last week broke that Steve Bannon wants to raise the top bracket rate to a number that has ”a 4 in front of it”. So, the GOP continues to a least float the idea of substantive tax reform measures.
I don't want to get too carried away about tax reform. Despite my optimism for "reform season," others does not seem to have the same zeal. First there is no "plan" to discuss. Second, the House Appropriations Bill (which I wrote about at Surly) does not seem to be too keen on the chances of real reform measures. For example, the Appropriations Bill addresses estate tax regulations and ACA penalties. If the estate tax and the ACA are on the chopping block, then why worry about the measures in the Appropriations Bill?
Thursday, June 22, 2017
Sunday, May 7, 2017
Thursday, March 16, 2017
Monday, March 6, 2017
Monday, February 20, 2017
Saturday, February 11, 2017
Syracuse Law Dean, Raised By Adoptive White Parents, Had To Learn To Be Black; He Foresaw Legal Ed Crisis 'Long Before Other Deans Knew What Hit Them'
Following up on my previous post, Syracuse Dean (And Tax Prof) Craig Boise: 'The Only Harley-Riding, Piano-Playing, Calf-Roping Law Dean In The Country':
Syracuse Post-Standard, SU Law School Dean Craig Boise: Ex-Cop, Classical Pianist Who Had to Learn to be Black:
Tuesday, December 15, 2015
Friday, December 11, 2015
Cliff Fleming (BYU!) passed along this Christmas gift idea: a 24-pack of the only beer named after a tax professor: Peroni Beer. Like its namesake Bob Peroni (Texas), reviewers say the beer is "robust," "earthy," "full-bodied" and "underrated." Here is a full review:
Wednesday, October 21, 2015
Sunday, September 27, 2015
Prior TaxProf Blog coverage:
Tuesday, August 18, 2015
I am delighted to publicly welcome Rhema ("ray-ma"), daughter of my dear Pepperdine friend and tax colleague Khrista Johnson and her husband Alton. Rhema was born on August 8 and checked in at 7 pounds, 11 ounces.
Khrista explains the origins of the name Rhema:
Friday, July 17, 2015
Sunday, June 28, 2015
Thursday, June 4, 2015
Wednesday, April 29, 2015
Monday, April 20, 2015
Tuesday, April 7, 2015
Monday, February 2, 2015
Saturday, December 27, 2014
Tuesday, September 23, 2014
Saturday, May 3, 2014
Friday, November 22, 2013
Michael J. Graetz (Columbia) will receive the Daniel M. Holland Medal today at the National Tax Association 106th Annual Conference on Taxation in Tampa:
Michael presented Updating the Competitive Tax Plan: A New Epilogue for 100 Million Unnecessary Returns (also available here) yesterday at the conference:
- National Review, The 2015 Competitive Tax Plan
- Wall Steeet Journal, Tax Professor Pushes Plan to Tax Consumption
Tuesday, October 8, 2013
Friday, October 4, 2013
Orly Mazur (SMU) has been awarded 2013 David F. Bradford Memorial Prize for Best Paper in Taxation for her paper, Taxing the Cloud:
Monday, August 26, 2013
Lilian Faulhaber will take a two year leave of absence from Boston University School of Law to serve as an Advisor to the Organisation for Economic Co-operation and Development (OECD). From the BU press release:
(Hat Tip: Ben Leff.)
Joshua Blank (NYU) and Ruth Mason (Virginia) have been named co-national reporters for the United States at the 2014 Congress of the European Association of Tax Law Professors (EATLP), an organization of professors teaching tax law at leading universities in Europe. From the NYU press release:
(Hat Tip: Francine Lipman.)
Wednesday, July 17, 2013
Shruti and I met at a happy hour during the AALS conference in January, 2011. We were introduced by Tax Prof Brian Galle. Shruti and I dated for the next year and a half while we were both living in Washington, DC. This past year we’ve been living on opposite coasts, but struggling with the distance has only helped to strengthen our relationship and our resolve to spend our lives together. We even co-authored a short paper, combining my interests in taxation with Shruti’s expertise in international and comparative business law. Our interfaith wedding ceremony was held at Stewart’s Cove Beach, in Carmel-by-the-Sea, CA, followed by a reception at a nearby hall. Our wedding was a small and intimate gathering of family and a few close friends. In attendance were Tax Prof Mark Gergen and tax lawyers Elizabeth Chien and Ameeta Patel.
Thursday, May 16, 2013
José Gabilondo (Florida International) is the only Tax Prof named to Lawyers of Color's 2013 50 Under 50 List ("The Most Influential Minority Law Professors 50 Years of Age or Younger") in its Law School Diversity Issue:
José Gabilondo joined the College of Law after working in financial market regulation at the U.S. Department of the Treasury, the U.S. Securities and Exchange Commission, the Office of the Comptroller of the Currency, and the World Bank. He served as Associate Dean for Academic Affairs from 2009-2011. Professor Gabilondo teaches tax and corporate finance. He is co-author of Corporate Finance Debt, Equity, and Derivatives Markets and their Intermediaries in the American Casebook Series. He is a nationally recognized commentator in the Spanish-language media on financial and economic matters.
For the complete list of the 50 Under 50, see here.
Thursday, April 18, 2013
Citizens for Tax Justice, Ten (of Many) Reasons Why We Need Corporate Tax Reform:
This CTJ report illustrates how profitable Fortune 500 companies in a range of sectors of the U.S. economy have been remarkably successful in manipulating the tax system to avoid paying even a dime of tax on billions of dollars in profits. These ten corporations’ tax situations shed light on the widespread nature of corporate tax avoidance. As a group, the ten companies paid no federal income tax on $16 billion in profits in 2012, and they paid zero federal income tax on $57 billion in profits over the past five years. All but one paid less than zero federal income tax in 2012; all paid exceedingly low rates over five years.
Friday, October 5, 2012
Alex and I met at UW-Madison's welcome reception for new faculty two years ago. Our academic interests are the converse of each others'. Alex is in the political science department, but spent a year in law school and works on judicial politics. I am of course at UW Law School, but spent a year in a political science Ph.D program and work on the politics of tax policy. We got married at Blessed Sacrament Catholic Church in Madison, followed by a reception at a restaurant called the Old Feed Mill.
Attending the wedding were tax lawyers Bob Fahrenbach, Jeanne Fahrenbach, Melissa Galetto, Brian Jenn, Kristin Keeling and Laura Leitch; non-tax lawprofs Lisa Alexander, Ann Althouse, Rob Anderson, Steve Barkan, Tonya Brito, Andy Coan, Anuj Desai, Alex Huneeus, Cecelia Klingele, Michele LaVigne, Ion Meyn, Thomas Mitchell, John Ohensorge, Margaret Raymond, Joel Rogers, David Schwartz, Mitra Sharafi, Mark Sidel, Steph Tai, Bill Whitford and Jason Yackee; and political science profs John Ahlquist, Rick Avramenko, Rikhil Bhavnani, Barry Burden, John Coleman, Mark Copelovitch, Scott Gehlbach, Eunsook Jung, Dan Kapust, Helen Kinsella, Alex Kuo, Melanie Manion, Ken Mayer, Ryan Owens, Maggie Peters, Jon Pevehouse, Byron Shafer, Nadav Shelef, Scott Straus, Kathy Cramer Walsh, Jessica Weeks, David Weimer and Susan Yackee.
Nancy Staudt, Edward G. Lewis Professor in Law and Public Policy at USC, has been named Academic Director of the new Schwarzenegger Institute for State and Global Policy:
The USC Schwarzenegger Institute will focus on the responsibility of policymakers to transcend partisanship to implement policies that most benefit the people they serve, with five priority areas: education, energy and environment, fiscal and economic policy, health and human wellness, and political reform. Guiding principles include: science and evidence as an important role to play when finding solutions to policy and social issues; local solutions are often the best means to solve global problems and, future leaders, including students and young people, must help shape the solutions for our future.
Schwarzenegger will chair the Board of Advisors and serve as inaugural holder of the Governor Downey Professor of State and Global Policy at USC, named after a former California governor and co-founder of USC.
The USC Schwarzenegger Institute will focus on the responsibility of leaders to transcend partisanship to implement policies that most benefit the people they serve. ... Guiding principles include: science and evidence must play an important role when finding solutions to policy and social issues; local solutions are often the best means to solve global problems; and future leaders, including students and young people, must help shape the solutions for our future.
Tuesday, June 19, 2012
The Board of Trustees of the Southern Federal Tax Institute invites all full-time tax professors to attend the Forty-Seventh Annual Institute in Atlanta on October 15-19, 2012, as guests of the Trustees (the $995 registration fee will be waived). If you would like to attend, please email here. If you have any other questions, please contact Brant Hellwig (Washington & Lee), who serves as Special Advisor to the Institute.
Thursday, April 5, 2012
Staudt, a nationally recognized tax scholar, began her career as a lawyer in San Francisco. She served as a professor at Northwestern University Law School until she came to USC in June 2011. She currently has faculty appointments in the Gould School of Law and the Sol Price School of Public Policy.
Staudt has enjoyed her experience so far at USC, especially working with students and her colleagues, she said. “The faculties in both these schools are just so smart and collegial,” Staudt said. “It really makes for a bright and vibrant experience. I teach both law students and undergraduate students as well and the students are so interested and interesting, so spending time with the faculty and students has been wonderful.”
The endowed chair not only reflects her achievements, but also the caliber of the university, Staudt said. “What’s exciting about [becoming a chair] is that only really great universities award these types of honors,” Staudt said. “It’s an exciting moment because USC is really becoming so fantastic and to be recognized at such a fantastic institution is a real honor.”
Stadut said one of her principal goals is to improve the university through the Lewis Chair. “I’ve really been thinking about this award as not only a motivator to work hard in the classroom and as a researcher, but as a responsibility to contribute to the school and the students,” Staudt said. “Not only do I get to glow in this new status, but I really need to be motivated to help this university become even greater.”
Friday, March 16, 2012
Thursday, January 12, 2012
There is a retirement ceremony today to honor legendary UC-Davis Tax Prof Daniel L. SImmons. He is perhaps best known on the scholarly front as a co-author of the Foundation Press business tax, corporate tax, income tax, and partnership and s corporation tax casebooks (with the late Paul McDaniel and Marty McMahon). From Dan's faculty web page:
Many lawyers fall into their fields, more often as a result of circumstance rather than planning. Take, for instance, Dan Simmons. "I came to law school your typical political science major. I had no economics background. I left law school expecting to be a litigator."
Working as a clerk for the California Supreme Court, Simmons discovered "litigation is 90 percent paperwork. When an opportunity arose to work for my tax teacher, I took it." Fifteen years later, as Congress rewrote the Internal Revenue Code, Simmons would occupy the prestigious position of professor in residence in the Office of the Chief Counsel of the IRS.
"You cannot practice law without understanding the income tax system," said the 1971 King Hall alumnus. "There's very little we can do in today's society that doesn't have income tax implications."
For this reason, the tax lawyer is both the ultimate specialist and ultimate generalist, practicing an esoteric brand of law that touches practically every transaction in American society. "Contracts, marital property, trusts, estate planning, immigration, corporations, partnerships, securities, torts, constitutional law, employment discrimination-the tax lawyer must be knowledgeable in all," said Simmons.
Monday, January 9, 2012
The just-concluded AALS Annual Meeting brought several Tax Profs into leadership roles:
- AALS Section on Administrative Law: Kristin Hickman (Minnesota), Member, Executive Committee
- AALS Section on Taxation: Jim Repetti (Boston College), Chair; Reuven Avi-Yonah (Michigan), Chair-Elect; and Miranda Perry Fleischer (Colorado), Member, Executive Committee.
- AALS Section on Trusts & Estates: Laura Rosenbury (Washington University), Chair; Bill LaPiana (New York Law School), Chair-Elect; Al Brophy (North Carolina), Secretary; and Iris Goodwin (Tennessee), Treasurer.
- AALS Section on Women in Legal Education: Bridget Crawford (Pace), Chair-Elect.
- CALI (Center for Computer-Assisted Legal Instruction): Paul Caron (Cincinnati), Vice-President, Board of Directors.
Wednesday, July 20, 2011
Charlotte Crane is a law professor at Northwestern University School of Law, where she teaches corporate tax and tax policy in both the JD and graduate tax programs and frequently conducts an annual colloquium for academic tax scholarship. She began her law career in 1976 as a law clerk for Judge Wade H. McCree of the U.S. Court of Appeals for the Sixth Circuit and later served as a law clerk to U.S. Supreme Court Justice Harry A. Blackmun. She also worked as an associate at Hopkins & Sutter in Chicago.
Crane served as the professor in residence at the IRS Office of Chief Counsel for the 2010-2011 academic year. She recently spoke with Tax Analysts' Shamik Trivedi about the IRS guidance process, the effect of the Supreme Court's decision in Mayo, and the chances for corporate tax reform.
All Tax Analysts content is available through the LexisNexis® services.
Saturday, July 9, 2011
Wednesday, April 27, 2011
Jim was a legendary figure in the field of tax law and a beloved member of the Law School community since he joined our faculty in 1960. After graduating from the Law School with his LL.M. in taxation in 1958, he went on to work for White & Case for two years before returning to NYU to become a full professor at age 32. A distinguished scholar, Jim’s treatise on corporate tax law has long been viewed as the authoritative work on the subject, widely cited by the Supreme Court and regularly used by academics and practitioners. He was deeply committed to the Law School during his more than five decades here, teaching thousands of students in almost every tax course available. After retirement, he remained dedicated to his work as of counsel at the firm of Cooley LLP, where he founded the tax department in 1970, and continued to teach at the Law School. He was co-teaching Taxation of Affiliated Corporations this Spring, and remained active and engaged to the very end.
Jim was a wonderful mentor, a generous colleague, and a dear friend. A familiar presence around the institution, Jim will be deeply missed. Our thoughts and prayers are with his wife Carol Fonda Eustice, daughter Cynthia Lapier, son James M. Eustice, and their families during this incredibly difficult time.
I will share further details about funeral arrangements as soon as I have more information.
From Jim's NYU faculty web page:
Eustice's main philosophy is to teach the Internal Revenue Code itself, rather than the policy implications of that document. "I've always viewed my main mission as getting people up to snuff on what the law is, rather than what it ought to be. This is the only area of the law where you really do close-in-cape-work with a detailed and complicated statute. There are some statutory courses, but there's nothing really like the Code and its six volumes of regulations."
Monday, April 25, 2011
As we prepare to leave Pepperdine, my wife and I hosted Southern California Tax Profs for a wonderful dinner last night, filled with great food, drink, and conversation.
Wednesday, October 13, 2010
- Seattle Times, Obituary:
He was a third generation Seattleite, and a third generation lawyer in this city who loved everything about the Pacific Northwest. ... Meade was long active behind the scenes in Democratic politics, having first been attracted when Senator Warren Magnuson appointed him to several "patronage" jobs in Washington, DC during his university years. ... Meade also cultivated many of the trappings and interests of a professor. His staple wardrobe included a bow tie, fedora, highwater trousers, loafers and a fountain pen or two. ...
A memorial service celebrating Meade's life will be held on Friday, October 15, 2010 at St. Mark's Cathedral in Seattle at 2:00 pm. Remembrances may be made to: Providence Hospice of Seattle or the Alzheimer's Association.
Meade Emory was a Seattle fixture. He and his wife Deborah, above all, savored life. They could be seen at the opera, at Town Hall, at the Seattle Chamber Music Society (which he founded), at book, political, and University of Washington events, and at picnics and poetry readings. ...
Beyond his official vitae, his many Seattle and other friends knew Meade to be an engaged man. He read everything, was prepared to discuss and debate any public issue, and also was a walking library of information about all Seattle-related things and persons. ...
Shortly after his retirement from the University of Washington Law School, Meade was beset by physical ailments, including Alzheimer's, which caused the Emorys to retire early in 2009 to Bayview Manor. Though in recent months mainly confined to bed, and beset with Alzheimer's, Meade continued to receive visitors, to read, and to engage in political gossip. ...
Yes, he was a man and attorney of character and honor. It is hard to imagine him on the wrong side of any issue. It is also hard to imagine Seattle in his absence. He loved Seattle and, in return, was loved by the most engaged citizens of his city. His memorial service Friday, at St. Mark's Cathedral, no doubt will be attended by those same citizens. His was a life well and usefully lived.
- Tax Notes Today (2010 TNT 197-6), Tax Professor Meade Emory Dies:
Emory may be most widely known for his connections with the Church of Scientology. Although he was not a Scientologist, in 1982 Emory co-founded the Church of Spiritual Technology (CST), an organization dedicated to preserving and archiving Scientology scripture. CST owns the copyrights to Scientology founder L. Ron Hubbard's books and lectures and manages their licenses.
CST petitioned for section 501(c)(3) tax-exempt status in 1983, but the IRS claimed the organization "was created to shelter the income of nonexempt Scientology organizations from taxation." The IRS ultimately recognized CST and 24 other organizations related to the Church of Scientology as tax exempt in an October 1, 1993, closing agreement.
Sunday, September 19, 2010
It is not enough for Joshua Blank (LL.M. ’07) to teach courses, write thoughtful scholarship, and, as faculty director of the graduate tax program, administer a program for 400 full-time, part-time, and online students. He also runs four miles round-trip every day at lunch between Washington Square and Battery Park City, where he drinks in the view of the Statue of Liberty. Clearly, Blank, who joined NYU Law in January, thrives on successful multitasking. “Josh is an excellent administrator, teacher, and scholar—really good at all three,” says Deborah Schenk (LL.M. ’76), Ronald and Marilynn Grossman Professor of Taxation and former faculty director of the program.
Blank, 33, attributes his remarkable capacity to having found his purpose and passion. “This is my dream job,” he said. “I view NYU as the center of the tax universe.”
Tuesday, August 3, 2010
- ABA Journal, Ex-Law Prof Alleges Harassment by Duquesne Law Dean
- Law Librarian Blog, Duquesne Law School Hit With Discrimination Suits
- Leiter's Law School Reports, Suing the Law Schools
- MSNBC, Duquesne Law Faculty Member Claims Sexual Harassment
- Pittsburgh Channel, Duquesne Law Faculty Member Claims Sexual Harassment
- Pittsburgh City Paper, Black and White Issue
- Pittsburgh Post-Gazette, Former Duquesne Faculty Member Files Suit Against University
Prior TaxProf Blog coverage of troubles at Duquesne:
- Duquesne Dean Resigns After Given 24-Hours Notice to Resign or be Fired; Tenure Battle, Lack of Faculty Scholarship Cited as Reasons (Dec. 11, 2008)
- U.S. News Rankings, Lack of Faculty Scholarship Blamed for Duquesne Dean's Firing (Dec. 23, 2008)
- NY Times on Abrupt Firing of Duquesne Law Dean (Dec. 26, 2008)
Saturday, July 17, 2010
Professor McDaniel joined the faculty of the College of Law in 2004. He had a long and distinguished career as a tax lawyer and professor, and was active as a full-time faculty member, teaching international tax classes and producing tax scholarship, through the Fall term of 2009 before being diagnosed with his final illness around the New Year. He was an exceptional teacher and scholar, and he will be sorely missed by all who have known him as a colleague, teacher and friend. ...
Professor McDaniel’s greatest gift as a teacher and human being was nurturing relationships and he is remembered fondly and with great respect by all his students and colleagues. Professor McDaniel always went out of his way to welcome the international students enrolled in the International Tax Program, hosting a welcoming reception for them and their families at his home each year and, when feasible, before the program grew to it now large size, hosting a Thanksgiving Day dinner at his home for the international students and their families. Over the many years of his teaching career, Professor McDaniel’s character and intellect inspired countless students to pursue careers in tax law, a number of whom he also inspired to follow in his footsteps as law school tax professors. ...
In lieu of flowers, the family requests that memorial donations be made to one of the following: the Paul R. McDaniel International Tax Scholarship fundfor international students and scholars to come participate in the International Tax Program at the University of Florida (University of Florida Law Center Association, Inc., PO Box 14412, Gainesville, FL 32604-4412); the First Presbyterian Church of Alachua (P.O. Box 308, Alachua, FL 32616); or "Food4Kids of Alachua" (c/o First Presbyterian Church of Alachua), the weekend food program Professor McDaniel helped create with his wife.
A memorial service will be held at Westminster Presbyterian Church, Gainesville. A public celebration of Professor McDaniel’s life will take place in the fall at the Baughman Center on the University of Florida campus, on a date to be announced.
Upon learning of Paul's illness, Jim Repetti and I wrote on this blog:
[B]eing asked to join Paul as a co-author was one of the proudest (and most intimidating) moments of our careers. In working with Paul, we have been repeatedly struck by his encyclopedic knowledge of the tax law, clear yet elegant prose, and organizational genius. But what stands out most for us has been Paul’s incredible grace and patience in nurturing two junior co-authors struggling to match the high standards he set in prior editions.
We collected dozens of remebrances from Paul's many friends, colleagues, and former students and presented them in a book for Paul and his family. On Paul's passing, I thought it would be fitting to post the Tax Prof remembrances below the fold:
- Alice Abreu (Temple)
- Ellen Aprill (Loyola-L.A.)
- Joe Bankman (Stanford)
- Leslie Book (Villanova)
- Fred Brown (Baltimore)
- Leonard Burman (Syracuse)
- Paul Caron (Cincinnati)
- Sheldon Cohen (former IRS Commissioner)
- Bridget Crawford (Pace)
- Laura Cunningham (Cardozo)
- Noel Cunningham (NYU)
- Harvey Dale (NYU)
- Cliff Fleming (BYU)
- Christopher Hanna (SMU)
- Mary Heen (Richmond)
- David Hudson (Florida)
- Michael Knoll (Pennsylvania)
- Michael Livingston (Rutgers-Camden)
- Charlene Luke (Florida)
- Bill Lyons (Nebraska)
- Eric Lustig (New England)
- Ray Madoff (Boston College)
- Marty McMahon (Florida)
- Lori McMillan (Washburn)
- Robert Peroni (Texas)
- Jim Repetti (Boston College)
- Kerry Ryan (St. Louis)
- Deborah Schenk (NYU)
- Len Schmolka (NYU)
- Daniel Shaviro (NYU)
- Miranda Stewart (Melbourne)
- Victor Zonana (NYU)
Thursday, July 15, 2010
(Hat Tip: Lauren Jones.)
The Two-Percent Haircut, otherwise known as the two-percent floor, is a limitation on miscellaneous itemized income tax deductions and is codified under Internal Revenue Code. I.R.C. § 67(a). ...
[Fn.1: Samuel A. Donaldson (Washington), Federal Income Taxation of Individuals: Cases, Problems, and Materials 30 (Thomson-West, 2d ed. 2007).]
The policy reason for the two-percent haircut is quite evasive. We may be able to gauge Congress' intent with the two-percent haircut by looking at the possible reasons for including certain items. The most significant expense that is categorized as a miscellaneous itemized deduction is the unreimbursed business expenses of an employee. It is a possibility that Congress imposed the two-percent haircut on these expenses in order to weed out portions that may have been personal in nature, as major employee expenses are generally reimbursed by the employer anyway. However, this policy rationale doesn't make much sense when one considers Congress' unlimited allowance of many personal expense deductions (some above-the line). The two-percent haircut is a thing of mystery.