Artificial Intelligence and the Future of Tax Law—Journal Series
AI is changing the practice of tax law. This series examines the ethical, legal, and practical implications of AI across key areas of tax practice.
Tax Management Memo
Latest Tax Journals
NIL Earnings Create Serious Tax Risks for College Athletes Today
Thad Madden of Thad Madden Tax Consulting, an IRS veteran, explains why college athletes earning name, image, and likeness income need careful tax planning to avoid serious financial trouble.
Puerto Rico’s Act 60: When Are Pre-Move Bitcoin Gains Taxed?
An analysis of whether Bitcoin, and other cryptocurrencies owned prior to relocating to Puerto Rico constitutes “tainted property,” and the significant implications for Act 60 residents whose capital gains may remain subject to US tax.
DOL Offers 401(k) Fiduciaries a Safer Path to Alternative Assets
A proposed rule from the Department of Labor would let 401(k) fiduciaries offer alternative assets if they document a prudent process on key risks.
IRS Proposes First Operational Rules for ‘Trump Accounts’
Treasury and IRS propose rules for “Trump accounts,” covering setup, authorization, and pilot contributions, with further guidance pending.
The New CAMT Does Not Meaningfully Alter Corporate Tax Outcomes
The new CAMT’s impact survey shows high compliance costs but little effect on corporate tax planning or revenue generation.
Are Recordkeeper Security Guarantees a Fiduciary Minefield?
Retirement plan recordkeeper security guarantees aren’t a safe harbor: ERISA plan sponsors and fiduciaries should carefully evaluate recordkeeper security guarantees in the context of their legal duties and obligations to plan participants.
DOL Proposes to Replace the 2024 Independent Contractor Rule
The DOL proposed a new rule to simplify independent contractor classification, reverting to a framework similar to the 2021 rule.
Who Won Gold with the Latest CAMT Guidance from Treasury?
Treasury issues new guidance addressing CAMT criticisms, offering relief on a number of issues plaguing CAMT taxpayers while final regulations are pending.
How Complex Is the New Corporate Alternative Minimum Tax?
CAMT imposes costly compliance burdens on many firms while raising little revenue.
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