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

Tax Articles

New Options for Individual Retirement Planning

TRA '97 created many new opportunities for individuals to increase their retirement savings on a tax-favored basis. One such innovation is the Roth IRA, which has received tremendous coverage in the press. Individuals with a modified adjusted gross ...
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New Treasury Department Rules Governing Public Disclosure of Information by Tax-Exempt Organizations

The Internal Revenue Service ("IRS") has issued regulations requiring tax-exempt organizations to provide copies of their applications for recognition of exemption and most components of their tax returns to the public. The new rules apply to ...
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NPJP White Paper

South Carolina currently has both a property tax, as well as a sales and use tax, incentive for Research & Development ("R&D"). We have no income tax incentive, unlike some of our neighboring states as well as the Internal Revenue Code. Below you ...
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Obtain Innocent Spouse Relief

The Internal Revenue Service has recently issued Notice 98-61 which gives taxpayers and practitioners guidance regarding the criteria necessary to obtain innocent spouse relief from federal tax liability under Section 6015(f) or 66(c) of the ...
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Obtaining Innocent Spouse Relief

(Article originally published in Massachusettes Bar Association Section Review, Vol. 2) The Internal Revenue Service has recently issued Notice 98-61 which gives taxpayers and practitioners guidance regarding the criteria necessary to obtain ...
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Pennsylvania Real Estate Upset Tax Sales Bill

Real Estate tax sales in Southeastern Pennsylvania counties (other than Philadelphia) are held in September of each year. Unpaid real estate taxes become delinquent on January 1st of the year following the year when the taxes are due (for example ...
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Pension Reform Provisions in the Small Business Job Protection Act of 1996 Affecting Qualified Retirement Plans

Pension reform proposals that have been languishing in Congress every year for the last several years finally became law when they were wrapped into the Small Business Job Protection Act passed by Congress on August 2, 1996 and signed by President ...
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Privatization of Real Property

An appreciation of the privatization process concerning real property is important for those involved in the property business in Hungary, even though the great bulk of the planned privatizations have already been carried out. The schemes ...
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Property Tax Lien Enforcement: Period Between Nonpayment of Taxes and Loss of Your Mortgage Shortened

The Michigan General Property Tax Act, MCLA 211.1 et seq., MSA 7.1 et seq. creates a statutory lien for unpaid real property taxes. This lien is prior to all other liens and encumbrances on the land assessed for those taxes, including the lien of ...
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Proposed Regulations Would Allow Defined Contribution Plans To Drop Some Optional Forms Of Payment

The IRS issued proposed regulations, dated March 20, 2000 (the "Proposed Regulations") that would permit a plan sponsor of a defined contribution plan ("DC Plan") to eliminate certain alternative forms of distributions without violating Section ...
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