Property taxation is a powerful tool for public finance. Apart from the more esoteric advantage of avoiding a deadweight economic loss, a property tax is secured by collateral.

There was an oddity in the sports world that lasted for generations. Professional athletes profited from their status through sponsorships for their name, image, and likeness (NIL), yet these NIL opportunities were closed to collegiate athletes.

In Fuentes v. Empire Nissan, Inc., it appears that Nissan attempted to test the limits of the use of small print in contracts.

The Supreme Court opined about a canine chew toy in Jack Daniel’s Properties, Inc. v. VIP Products LLC. The defendant sells dog toys parodying Jack Daniel’s beverage.

The IRS told a tale: A Taxpayer creates a secure Business Online Account at IRS.gov and lets us know which communications methods they prefer – email, paper mail or phone. The taxpayer selects email. They later receive an email explaining tax credits and deductions for which they may be eligible.

The IRS regularly makes rulings on situations that taxpayers face, and then publishes those rulings to give guidance to other taxpayers to follow when they find themselves facing similar situations. The recently published Revenue Ruling 2023-02 gives helpful guidance for estate planning.

Taxpayers and practitioners who interact closely with the IRS always have a multitude of suggestions and ideas regarding improvement of the IRS services. Because they are aware of this, the IRS allows individuals to provide suggestions through the Taxpayer Advocate Service and the Office of Taxpayer Reduction.

The IRS Inspector General reviewed federal employee tax compliance and their report is out. The report’s frustration with the lack of enforcement is palpable even in the title “The IRS Has Not Adequately Prioritized Federal Civilian Employee Nonfilers”.