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Lesson From The Tax Court: Avoiding The 2-Year Lookback Period In Bankruptcy

(TaxProf Blog) - Today’s lesson is about how to maximize the discharge of tax liabilities through bankruptcy. It's a lesson on timing. Last year I blogged two cases showing how a bankruptcy tolls both the collection and assessment limitation periods in the Tax Code.



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A Basic Overview of Life Settlement Taxation 
(Accounting Web) - For some high-net-worth clients, the financial strategy of liquidating life insurance via a life settlement comes with tax implications.

Remote Work 2 Years Later: What We've Learned 
(PC Mag) - WFH employees have FOMO. In-office employees feel lost in mostly empty offices. Here's what's working and what's not, more than two years into the pandemic.

Accounting for Employee Retention Credits 
(JofA) - Companies that received financial assistance during the pandemic have questions about which standards to apply related to accounting for the ERC.

U.S. Bans Accounting Services to Russia in Added Sanctions 
(Bloomberg) - The U.S. banned American accounting and consulting firms from working with Russia and imposed its first sanctions on Gazprombank as part of a package of new penalties targeted at Moscow.

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