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Recent IRS rulings on what's taxable (8379)

Involuntary Conversions – In an IRS Technical Advice Memorandum, it was ruled that since a manufacturer taxpayer was required to switch from one product to another in order to conform to municipal regulations, taxpayer is eligible for involuntary conversion treatment ...

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Assigned counsel, law guardian rates increased

Family law practitioners are aware of the inadequacy of the statutory compensation rates provided for attorneys serving as assigned counsel and Law Guardians, i.e., $40/hr. in-court, $25/hr. out-of-court. These rates were low when they were set by the legislature fifteen ...

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