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Exploring An Alternative Model Of Litigation Finance

by usoftax_admin | May 16, 2024 | Tax News

A new model of litigation finance, most aptly described as insurance-backed litigation funding, differs from traditional funding in two key ways, and the process of securing it involves three primary steps, say Bob Koneck, Christopher Le Neve Foster and Richard...

Ex-Minn. Public Defender Gets Probation For Tax Fraud

by usoftax_admin | May 16, 2024 | Tax News

A former Minneapolis chief public defender who argued that he should receive a lenient sentence after resigning in disgrace amid accusations that he failed to pay taxes for years on his private law firm was sentenced to three years probation by a Minnesota federal...

No Relief For Struggling SPACs Under Buyback Tax Proposal

by usoftax_admin | May 16, 2024 | Tax News

Special-purpose acquisition companies won’t get sought-after relief from a new 1% tax on stock buybacks under a recent Treasury Department proposal that otherwise provides helpful clarity on the tax’s implications for the subdued SPAC market, lawyers...

IRS Postpones Tax Due Dates In Ohio After Tornadoes

by usoftax_admin | May 16, 2024 | Tax News

Some Ohio taxpayers will be given until September to file tax returns and make payments because of tornadoes that hit the state in March, the Internal Revenue Service said Thursday.

Biden Admin Proposes To Loosen Restrictions On Marijuana

by usoftax_admin | May 16, 2024 | Tax News

President Joe Biden on Thursday announced that his administration has formally recommended relaxing restrictions on marijuana, marking the most significant federal policy shift on cannabis since the drug was criminalized more than 50 years ago.

Trump Hush Money Case Offers Masterclass In Trial Strategy

by usoftax_admin | May 16, 2024 | Tax News

The New York criminal hush money trial of former President Donald Trump typifies some of the greatest challenges that lawyers face in crafting persuasive presentations, providing lessons on how to handle bad facts, craft a simple story that withstands attack, and...
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