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Feature Articles

New York’s New Tax Whistleblower Statute
By William Comiskey, JD

In a move that appeared to generate little attention in the CPA and tax practitioner community, New York’s Legislature last summer unanimously passed a new tax whistleblower statute that has the potential to dramatically change the landscape for both high-end taxpayers who evade their tax obligations and for the tax professionals who help them do it. Read more.


Tax Law Changes for Individuals: Tax Rates, Breaks, Estates and the AMT
By Sharon L. McCarthy, JD, and Sidney Kess, CPA, JD, LL.M.

The tax rules for 2010 and 2011 were somewhat of a mystery until the Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act of 2010 was signed into law on Dec. 17. Read more.


Tax Compass
Opinion


The Expanded 1099 Reporting Must Go
By Jonathan Horn, CPA

In typical nonchalant fashion, Congress included an expansion of 1099-MISC reporting under code section 6041 as part of the Patient Protection and Affordable Care Act (PPACA) passed in March 2010. Read more.

1099 Mandate Is a Step in the Right Direction
By William Henry Jones, CPA

As Congress and the president get ready to negotiate the federal budget for the fiscal year 2011, both can agree on one thing—the federal government is not collecting as much money as it spends. 
Read more.

Opinion
Should the NCAA Have Tax-Exempt Status?

By Roy Whitehead, JD, LL.M.

The National Collegiate Athletic Association (NCAA) has tax-exempt income of approximately $600 million per year, but are the tax exemptions they receive justified and do they further the educational mission of the member universities? Read more.


News Items
Tax Quote

There is no such thing as a good tax.

— Winston Churchill


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Views expressed in articles published in Tax Stringer are the authors' only and are not to be attributed to the publication, its editors, the NYSSCPA or FAE, or their directors, officers, or employees, unless expressly so stated. Articles contain information believed by the authors to be accurate, but the publisher, editors and authors are not engaged in redering legal, accounting or other professional services. If specific professional advice or assistance is required, the services of a competent professional should be sought.