Monthly Archives: December 2013

A Common Estate Planning Technique Saves Taxpayers Money but has Cost the United States Billions

In 2000, the United States Tax Court in Walton v. Commission of Revenue, 115 T.C. 589 (U.S. Tax Ct. 2000) gave approval to the Grantor Retained Annuity Trust (“GRAT”), and since that time, the GRAT has saved taxpayers millions but has cost the United States

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United States Supreme Court Refuses to Review New York High Court Ruling Requiring Online Retailers to Collect New York State Sales Tax

On December 2, 2013, the United States Supreme Court denied certiorari in the consolidated cases Amazon.com LLC v. N.Y. Dept. of Taxation and Overstock.com v. N.Y. Dept. of Taxation, thereby allowing the New York state law requiring online retailers to collect and remit sales tax to ...