David Miller

Oct 23, 2024 | natlawreview.com | David Miller

Skip to main content October 23, 2024 Volume XIV, Number 297 Legal Analysis. Expertly Written. Quickly Found.

Jan 26, 2024 | natlawreview.com | David Miller

On January 17, 2024, Senate Finance Committee Chairman Ron Wyden (D-Ore.) and House Ways and Means Committee Chairman Jason Smith (R-Mo.) released a bill, the “Tax Relief for American Families and Workers Act of 2024” (“TRAFA” or the “bill”). All of the provisions in the bill are taxpayer favorable, except those that apply to the “employee retention tax credit”.

Nov 9, 2023 | natlawreview.com | David Miller

This fall, the New Jersey Department of Environmental Protection (“NJDEP”) announced the relaunch of two impactful resources for site remediation, the Brownfield Development Area (“BDA”) Program and the Technical Review Panel (“TRP”). The BDA Program allows selected communities which are affected by multiple brownfield sites to work with Contaminated Site Remediation & Redevelopment (“CSRR”) to design and implement remediation and reuse plans for the affected properties simultaneously.

Jul 17, 2023 | natlawreview.com | David Miller

On July 13, 2023, in a highly anticipated decision for the cryptocurrency industry, a Southern District of New York court granted in part and denied in part the parties’ cross motions for summary judgment in SEC v. Ripple Labs, Inc., et al.[1] Despite mixed rulings, the decision has been viewed by several in the cryptocurrency community as a victory for Ripple Labs, Inc. and the individual co-defendants (collectively, “Ripple”), and for cryptocurrency enterprises more broadly.

May 28, 2023 | natlawreview.com | David Miller

IntroductionOn May 3, 2023, the United States Tax Court held in ES NPA Holding, LLC v. Commissioner, T.C. Memo. 2023-55, that the taxpayer’s receipt of interests in a partnership in exchange for services rendered to the sole owner of the business before it became a partnership was for the benefit of the future partnership and, therefore, was a profits interest (rather than a capital interest). The taxpayer did not provide ongoing services to the partnership.