Vol. 20 No. 2 - Winter 2001

From the Chair

Taxation

From the Chair

Pamela F. Olson

Writing this column is a challenge because of the time lag between final copy and mailing. Today’s rapid pace means that even day-old news can be very old news. That is never more true than now. As I write, the 106th Congress is in its final day, and we have known the identity of our 43rd President for only 48 hours. ...

Council Actions

Taxation

Council Actions

N. Susan Stone

The Council of the ABA Section of Taxation met on October 15, 2000, in Carlsbad, California immediately following the 2000 Fall Meeting of the Section in Los Angeles, California. The Council heard reports and took actions on the following topics...

From the Editor

Taxation

From the Editor

Ellen P. Aprill

The overwhelming sense I have from this issue of the Newsletter is that, in the field of tax law as in so much of life, we all gain a great deal when we communicate and work with each other. Pam Olson strongly sounds this theme in “From the Chair.” She calls upon members of both the House and the Senate to work together across party affiliation in order to accomplish anything meaningful. ...

Members React

Taxation

Members React to ABA Journal Article

Pamela F. Olson

The following letter is excerpted from an e-mail from Tax Section Chair Pam Olson to ABA President Martha Barnett in reaction to the December 2000 ABA Journal cover story, “Where Will They Go?,”concerning the Palestinian refugee right to return campaign. ...

Points to Remember

Taxation

Creative Benefits

Dianne Bennett

From hammocks in quiet rooms (People Support) to paid dry cleaning, safe deposit boxes (First Union) to car seats for new parents (Allstate), bring your parents to work day (e-services company Organic) to pet health insurance (1% of companies surveyed), corporate America is trying to woo and retain X Generation and Next Generation employees...

Taxation

Capitalization vs. Expensing: What More Do We Know from Recent Rulings?

Annette Nellen

Whether an expenditure should be capitalized or currently expensed has been a difficult determination under the tax law for decades. Since 1992 when the U.S. Supreme Court “clarified” the capitalization versus expensing rule in the Indopco decision, practitioners and revenue agents have perhaps been even more perplexed with the question. ...

Taxation

Walk the Talk

Edward N. Polisher and Edward Kessel

Estate of Melvine B. Atkinson v. Commissioner, 115 TC No. 3 (July 26, 2000) serves as a strong reminder that careful administration of a charitable remainder trust is every bit as important as careful drafting. ...

Special Report

Taxation

The Importance of GST Exemption Allocations on Gift Tax Returns for Lifetime Transfers to Trusts

Stuart A. Rader

Properly allocating the generation skipping transfer tax ("GST") exemption for lifetime transfers to trusts requires careful attention to the trust document and knowledge of the GST law and regulations. Failing to make timely and proper allocations of the GST exemption for certain lifetime gifts to trusts can often frustrate the client's estate planning goals...

Point & Counterpoint

Taxation

Tax Policy and Politics

James Edward Maule, Alan Gunn, George Yin, Martin J. McMahon, Jr.

We as a nation have just finished a presidential campaign in which tax proposals received prominent attention. Both candidates' proposals were criticized for representing a response to interest group pressure rather than disinterested policy. In a bit of a departure from the usual Point/Counterpoint format, we have asked four tax professors...

Interview

Taxation

Ronald A. Pearlman

Jasper L. Cummings, Jr. and Alan J.J. Swirski

On November 9, 2000, Jack Cummings and Alan Swirski interviewed Ronald A. Pearlman. He began his law practice in the Interpretative Division of the Office of Chief Counsel in 1965. After four years with Chief Counsel, he practiced law in St. Louis for 15 years. ...

Tax Publications

Taxation

A New Resource for Navigating IRS Waters

Jerome Borison

The creation of the Tax Section’s new book, “Effectively Representing Your Client Before the 'New' IRS,” dates back to an August 1, 1994, meeting, called by Phillip Mann and John (Jack) Nolan, both of Miller and Chevalier. ...

News Briefs

Taxation

News Briefs

ABA Section of Taxation

Tax Section news and announcements.

To the Editor

Taxation

To the Editor

Mitchell R. Miller

I welcome the publication of [“Installment Sales to Defective Grantor Trusts” by D. Silverman, Sec. Tax’n Newsl., Fall 2000 at 11], since it enables me to say in public what I have been saying in private for some time, without earning the opprobrium of those who are using this technique for blowing their cover. ...

Renew Your ABA Membership

Vol. 20 No. 2 - Winter 2001

Newsletter, Vol. 20 No. 2

From the Chair

From the Chair

Council Actions

Council Actions

From the Editor

From the Editor

Members React

Members React to ABA Journal Article

Points to Remember

Creative Benefits

Capitalization vs. Expensing: What More Do We Know from Recent Rulings?

Walk the Talk

Special Report

The Importance of GST Exemption Allocations on Gift Tax Returns for Lifetime Transfers to Trusts

Point & Counterpoint

Tax Policy and Politics

Interview

Ronald A. Pearlman

Tax Publications

A New Resource for Navigating IRS Waters

News Briefs

News Briefs

To the Editor

To the Editor

ABA Resources

The ABA

Connect

Renew Your ABA Membership

American Bar Association TM American Bar Association

Vol. 20 No. 2 - Winter 2001

Newsletter, Vol. 20 No. 2

From the Chair

From the Chair

Council Actions

Council Actions

From the Editor

From the Editor

Members React

Members React to ABA Journal Article

Points to Remember

Creative Benefits

Capitalization vs. Expensing: What More Do We Know from Recent Rulings?

Walk the Talk

Special Report

The Importance of GST Exemption Allocations on Gift Tax Returns for Lifetime Transfers to Trusts

Point & Counterpoint

Tax Policy and Politics

Interview

Ronald A. Pearlman

Tax Publications

A New Resource for Navigating IRS Waters

News Briefs

News Briefs

To the Editor

To the Editor

ABA Resources

The ABA

Connect