Eric Kroh

The Vermont Supreme Court on Tuesday upheld the nearly $1.1 million valuation of a residential property determined by a hearing officer, saying the officer was not wrong to base the determination in part on a town assessment that was later found to be problematic. 

The Vermont Supreme Court on Tuesday upheld the nearly $1.1 million valuation of a residential property determined by a hearing officer, saying the officer was not wrong to base the determination in part on a town assessment that was later found to be problematic. 

An agreement in which two children gave up their interests in a qualified terminable interest property trust that held the remainder of their mother's nearly $60 million estate resulted in a taxable gift to the children's father, the U.S. Tax Court said Tuesday.

The U.S. Department of Justice and state attorneys general have sued generic drug companies and executives over allegations of price-fixing and market-sharing, and experts expect the fray to greatly expand in 2017, encompassing many more individuals and companies and possibly growing beyond manufact…

In the past year, Debevoise & Plimpton LLP partner Peter A. Furci has massaged the tax aspects of big-name deals and private equity plays representing a total value of nearly $70 billion, earning him a spot among Law360’s 2015 Tax MVPs.

A Washington, D.C., couple does not owe more than $13,000 in tax assessed by the IRS for 2012 because they requested an abatement that the agency should have granted, the U.S. Tax Court said Monday.

A company can spin off one of its businesses in a tax-free transaction despite the businesses' absence of income in some years, the Internal Revenue Service said in a private letter ruling. 

A company can spin off one of its businesses in a tax-free transaction despite the businesses' absence of income in some years, the Internal Revenue Service said in a private letter ruling. 

The IRS was not required to provide an Illinois man with an alternative to a collection due process hearing he was given to dispute a levy even though he checked a box requesting it, the U.S. Tax Court said Tuesday.

The IRS was not required to provide an Illinois man with an alternative to a collection due process hearing he was given to dispute a levy even though he checked a box requesting it, the U.S. Tax Court said Tuesday.