Whatever Source Derived

Conversions of For-Profit to Nonprofit Colleges Deserve Regulators’ Scrutiny

We trust nonprofits. They heal us, teach us, feed us when we’re hungry. Economists would say that organizations take on the nonprofit form in order to promote trust between donors and the possibly…

Can I Return This? Mistaken Precedents and the Meaning of “Gift”

What happens when the Supreme Court gets its own precedents wrong? And not in the new Roberts-court “anxiety of influence” style, where the Court deliberately misreads an old case in order to avoid admitting that it is…

Why States Should Seek to Offset the Effects of the SALT Rollback

A response to a thoughtful but critical Tax Policy Center analysis

I usually find myself in agreement with Tax Policy Center experts Leonard Burman…

There Is No Retroactivity Concern With Overruling Quill

A very long post about an admittedly esoteric issue that could determine the outcome of the Supreme Court’s hugely significant online sales tax case

Yes , the Tax Law May Cause Corporations to Pay Bonuses. But It May Be a Tax Game That Won’t Last

Don’t expect to find another one in your stocking next holiday season

States Should Tax the Over Two Trillion Dollars About to Be Deemed Repatriated (But Many Are Not Going To If They Do Not Act)

Here is the Why and the How (roughly)

Yet More SALT News: State Pensions & Federal Taxes

This has been an exciting month for state and local tax geeks. Lost in all the other big news is word last week that the Supreme Court has called for the views of the U.S. solicitor general in a state tax case, Dawson v. Steager. CVSG, as…

Uncertainty, Perverse Incentives, and More

The 20 Percent Deduction and the Reasonable Compensation Standard

Can any independent contractor — making less than $315,000 for a married couple (and half that for a single individual)— take the new 20 percent deduction on income…

State Payroll Tax Shift Stands on Solid Legal Ground

As readers of this blog know, I’ve suggested (here and here — and, along with 12 other tax law professors including co-bloggers David Gamage, David Kamin, and Darien Shanske — here and here as well) that states can soften the blow from…