Welcome to part two of this series on Proposition 40, “The 2026 Billionaire Tax Act.”[1] This article discusses the tax rate and how taxpayers can

Introduction, Structure, and Applicability Introduction Beginning on October 5, 2026, and ending on November 3, 2026, California voters will consider Proposition 40, “The 2026 Billionaire

After 11 years, the litigation between Jack Daniel’s Properties, Inc. and VIP Products LLC regarding a dog toy’s resemblance to liquor ended in VIP Products

In 1868, Congress passed a law taxing tobacco and distilled spirits. The same statute “prevented a person from using ‘any still, boiler, or other vessel

Simens Medical Solutions USA Inc. v. Commissioner is simultaneously broad and narrow in scope. The Tax Court’s judgment addresses a specific and unusual situation. However,

Dr. Xavier Garcia-Rojas worked as an independent contractor for Stat Radiology Medical Corporation (StadRad) as a radiologist. StatRad provided the radiologist with equipment, which he

As with many facets of tax law, the question of the statute of limitations has a relatively straightforward answer that generally applies with a dozen

Hough Beck & Baird, Inc. timely filed its Employer’s Quarterly Federal Tax Return (Form 941) and paid $121,003 for the first quarter of 2021. Yet