Tax

This is FindLaw's collection of State and Federal Tax articles, part of the Finance section of the Corporate Counsel Center. While some states do not have an income tax (Nevada), all residents and all citizens of the United States are subject to the federal income tax. Corporations file taxes as well. While they are subject to may of the same rules as are individual taxpayers, they are also covered by an intricate body of rules addressed to the peculiar problems of corporations. Law articles in this archive are predominantly written by lawyers for a professional audience seeking business solutions to legal issues. Start your free research with FindLaw.

Tax Articles
    • Review Your Deferred Compensation Plans to Avoid Penalty Taxation
      Tucked away in the voluminous American Jobs Creation Act of 2004, which was signed into law on October 22, 2004, is a provision changing the taxation of nonqualified deferred compensation. Nonqualified deferred compensation arrangements allow ...

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    • Pension Simplification for Small Businesses
      Recent changes in the pension laws, including the passage of The Small Business Job Protection Act of 1996, have vastly changed the pension landscape. The Small Business Job Protection Act (the Act), which became law on August 20, 1996, was designed ...

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    • Real Property Tax Issues
      Tax advantages or disadvantages may result from subdividing land for purpose of sale, foreclosing or repossessing real property you have sold, or purchasing real property from a nonresident alien. This article will briefly discuss certain tax ...

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    • Corporate Gifts To Public Officials
      In July, 1998 a prominent California winery agreed to pay $150,000 in fines and other penalties for making a total of $374 in illegal gratuities to a Federal official. Since providing meals, beverages or entertainment is a common practice among ...

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    • Dischargeability of Income Tax Bankruptcy
      Although having knowledge that taxes are dischargeable in bankruptcy, many attorneys still perceive that the tax collector elbows everyone aside and gets paid. Personal income taxes are dischargeable. Practitioners should know the basic requirements ...

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    • Clarifying Tax Status for Volunteer Auxiliaries
      hospital to its ranks -- this time a former not-for-profit hospital. Much time and effort went into the purchase. The parties may even have had to obtain approval from the state attorney general's office. Nevertheless, all approvals were granted ...

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    • Civil Controversies: Tax Court Stipulations
      For fair and reasonably efficient resolution of federal tax disputes, the United States Tax Court is a remarkable institution. Two of the principal reasons it's still economically possible for a taxpayer to pursue a lawsuit in the Tax Court are: 1 ...

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    • Christmas in May: Tax Court Judge Lynn W. Davis' Extraordinary Decision
      Usually with indignant disbelief, my taxpayer clients often lecture me that constitutional safeguards routinely extended to others, like accused felons and “garden variety” plaintiffs, find no counterparts in the tax world. I generally feign ...

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    • Avoiding Multi-State Taxation
      Does your company sell products to customers in states outside of Pennsylvania? If so, your company may be subject to income tax in those states if you are not careful about the types of services you provide to those out-of-state customers. Each ...

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    • Economic and Regulatory Factors Agitate Relations Between Automobile Manufacturers and Dealers
      Even though automobile manufacturers and dealers need each other to survive in an increasingly competitive landscape, the relationship is often strained. While it is clearly in the best interest of both to sell more vehicles, and both parties ...

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