Exploring the tax aspects of the Affordable Care Act decision

“Chief Justice Roberts’ opinion on the Affordable Care Act mostly conforms with the way I previously understood the taxing power of the federal government,” says Adam Rosenzweig, JD, tax law expert and associate professor of law at Washington University in St. Louis. Rosenzweig says that there were two important pieces of the Roberts opinion from a tax standpoint.

From writing-off leather pants to copyright disputes: New database chronicles legal side of music industry

Do black leather pants qualify as a tax deduction for rock stars? Fans, musicians, journalists, researchers and anyone else interested in music can see how the courts dealt with this question and nearly any other legal issue involving the music industry at The Discography: Legal Encyclopedia of Popular Music accessible through thediscography.org. The site was created by Loren Wells, JD, musician and recent graduate of the Washington University in St. Louis School of Law and is supported by the Center for Empirical Research in the Law (CERL) at the School of Law. The site’s database — the most elaborate of its kind — covers 2,400 court opinions spanning nearly 200 years of the music industry.

Stimulus package ‘Making Work Pay’ credit may lead to bigger tax bills this year

The small increase in take-home pay that began in April 2009 through the Making Work Pay Credit (MWPC) could mean an unexpected bump in your tax bill says Cheryl Block, tax law expert and professor of law at Washington University in St. Louis. The problem, according to Block, is that the Treasury Department’s new withholding tables do not take several individual employment circumstances into account. Some joint filers, college students and retirees, among others, may end up repaying all or part of the credit this tax season.