Unfortunately, that type of boss is far from the norm. Just over 1 in 4 employees, 29%, say their supervisors are effective at human leadership, according to a 2022 Gartner survey.
Your workplace desperately needs this type of boss, researchers say—but only 1 in 4 employees have one
“More businesses die from indigestion than starvation.”
Compass: Why Bosses Should Ask Employees to Do Less—Not More Too many leaders think the key to success is to pile on staff, technology, meetings, training, rules and more. The opposite is true
ESG, Crypto, And What Does The IRS Got To Do With It?
Australian State Government Bails Out Owners of Taxi Licenses After Uber Destroys Their Value
The NSW government allowed Uber’s illegal market entry and now makes consumers pay to bail out taxi license owners. Having paid to bail out taxi owners, the NSW taxi industry will nonetheless be completely deregulated.
A corporation has no soul to be damned and no body to be kicked. So supposedly said Baron Thurlow long, long ago. It is but a legal fiction. It’s not the Borg (which is science fiction, not legal fiction).
The fictional nature of corporations creates all kinds of gnarly problems in criminal law, in constitutional law and, as we learn today, in tax law. When I was in practice my clients often confused their personal selves with the closely held corporate doppelganger I created for them. They repeatedly ignored the corporate fiction. They were the kings of their empires and, like Louis XIV, they felt they were the corporation and the corporation was them. I am sure many readers can relate to that!
In John E. Vorreyer and Melissa D. Vorreyer, et al. v. Commissioner, T.C. Memo. 2022-97 (Sept. 21, 2022) (Judge Greaves) two of the “et al” taxpayers ignored the corporate fiction to their detriment: they paid debts of their S Corporation from their personal funds and attempted to deduct those payments on their personal income tax returns as a §162 deduction.
Lesson From The Tax Court: Honor The Corporate Fiction
‘Fat Leonard,’ a fugitive in a massive Navy bribery case, has been caught in Venezuela NPR
ABA Journal, Ballooning Student Loans Become an Albatross; ex-NYU Law Student, 91, Owes $329K on Initial $29K Loan
Bridget J. Crawford (Pace; Google Scholar) & W. Edward "Ted" Afield (Georgia State; Google Scholar), Yesterday's Protestor May Be Tomorrow's Saint: Reimagining the Tax System Through the Work of Dorothy Day, 76 Tax L. Rev. ___ (2023):
When is the nonpayment of taxes justified by conscientious objections? Legendary Catholic social activist Dorothy Day refused to pay federal income taxes, because she was an avowed pacifist who also cautioned against government overreach into the lives of citizens. This article asks whether the tax system should accommodate those who have moral objections, and if so, how accomplish that. Through the lens of Dorothy Day, who devoted her adult life to workers’ rights, pacificism, and service to the poor, this article makes three contributions to the conversation about the administration of a fair tax system.
Lesson From The Tax Court: Checks ... Still Matter
Who uses paper checks anymore? Not my kids. My daughter even prefers to incur a surcharge for using her debit card to pay her rent rather than walking a paper check to the rental office. The practical reason, she says, is that when she uses her debit card she can immediately see the impact on her checking account balance by looking at her “available balance” number in her banking app. If she wrote a check, she’d have to wait until the check cleared and she fears over-drawing her account.
J oshua D. Blank (UC-Irvine; Google Scholar) & Leigh Osofsky (North Carolina; Google Scholar), Simplicity Lost, 20 U. Pitt. Tax Rev. __ (2023):
The complexity of the tax law is one of the most serious problems facing U.S. taxpayers and the tax system. Among the many costs of tax complexity are (1) billions of hours of paperwork and stress that taxpayers face each year, (2) monetary costs that taxpayers bear when they hire advisors and purchase software to report their tax liability and file their tax returns, (3) difficulty that taxpayers encounter when attempting to claim tax credits and other benefits, and (4) challenges the IRS confronts when attempting to deter tax avoidance and evasion opportunities that tax complexity often creates.
Lesson From The Tax Court: Substantiation Means More Than Receipts
Angst over corruption watchdog, first Queen’s death, now fear of Dutton deal
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- EU expects to raise €140bn from windfall tax on energy firms (14 Sep 2022)
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- Liz Truss energy and tax plan ‘will give richest families twice as much support’ (13 Sep 2022)
- UAE court rejects extradition of suspect in Danish tax fraud case (12 Sep 2022)
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- Widespread distrust among tax officials of Big Four, says OECD survey (6 Sep 2022)