Senior Attorney Advisor Miles Johnson wrote in Tax Notes about the Fifth Circuit’s new holding upon rehearing in Sirius Solutions. The case deals with the meaning of “limited partner” under section ...

Join our team at The Tax Law Center at NYU Law! Our work includes offering technical input on tax policy ideas and legislation, submitting comments on tax regulations, and engaging in tax litigation, ...

There has been renewed interest in understanding the many federal tax subsidies available to the fossil fuel industry since clean energy credits were significantly scaled back with passage of the One ...

In response to Acting Attorney General Todd Blanche’s announcement purporting to provide assurances regarding audit immunity and the anti-weaponization fund, Tax Law Center Policy Director Brandon ...

The tax base is the foundation of the federal tax system, but it has major gaps which lose revenue, undermine basic fairness, and even create opportunities for tax evasion. Broadening the tax base by ...

Give the Department of Treasury and IRS the authority to impose minimum competency requirements for paid federal tax return preparers. Congress should ensure that all paid preparers are subject to the ...

We work on many issues related to energy and climate taxation, including guidance and regulatory decisions that affect markets and emissions. Fossil tax subsidies continue after Congress scaled back ...

Luxury passenger cars over 6,000 pounds are not subject to the section 280F deduction limitation, creating a tax preference for purchases of heavier cars. Apply the section 280F limitation to ...

Section 2702 provides that if an interest in a trust is transferred to a family member, the value of any interest retained by the grantor is zero for purposes of determining the transfer tax value of ...

Retirement accounts intended to help low- and middle-income taxpayers save for retirement are increasingly being used as tax shelters by wealthy taxpayers. Retirement accounts are intended to assist ...

Under longstanding tax rules, taxpayers can generally take a tax deduction for the loss of their investment when certain property becomes worthless. When the property at issue is a partnership ...

Current law seeks to prevent the use of tax-deferred contributions to corporations or partnerships to achieve a tax-free diversification of appreciated passive investments through “exchange” or “swap” ...