Practice Area: Tax Law

Contingent-Fee Tax Planning, Anyone?

If you’re careful, structured legal fees can allow tax-free compounding, defer taxes and help build a solid financial plan. There are estate planning advantages, too.

COVID-19 Is Causing Headaches Over Taxes

COVID-19 shut down offices and sent employees home to work  — often out of state — leaving a big question about state income taxes: Should they be paid where the employees are actually working, or where the employer is located? Alysse B. McLoughlin, a partner at McDermott Will & Emery in New York, led a … Continued

It’s Complicated: What Lawyers Need to Know About Taxes While Working Remotely

The shift towards remote work for millions of U.S. employees can have significant tax implications for businesses. There is potential long-term impact as employers rethink the need for expensive spaces and shift to partial or fully-remote workforces. Potential tax implications include payroll tax, corporate income and franchise tax, as well as taxes imposed based on … Continued