Richard Schmalbeck (Duke) & Jay A. Soled (Rutgers; Google Scholar), Make the GSTT Exemption Portable Between Spouses, 186 Tax Notes Fed. 311 (Jan. 13, 2025):
In this article, Schmalbeck and Soled argue that the generation-skipping transfer tax exemption should be portable between spouses, which would be consistent with other code provisions that treat married couples as a single economic unit.
Jay A. Soled (Rutgers; Google Scholar) & Leslie Book (Villanova; Google Scholar), The Need for a General Two-Year Statute of Limitations, 186 Tax Notes Fed. 493 (Jan. 20, 2025):
In this article, Soled and Book argue that technological advances have eliminated the need for a general three-year statute of limitations and that Congress should thus shorten it to two years.
Kathleen DeLaney Thomas (North Carolina; Google Scholar), Designing a Standard Business Deduction, 186 Tax Notes Fed. 503 (Jan. 20, 2025):
In this article, Thomas explains how a standard business deduction could be structured and implemented to simplify small business taxation and reduce compliance costs.
Jeffrey L. Hoopes (North Carolina; Google Scholar), Eliminating the Corporate AMT Wouldn’t Cost Much in Lost Revenue, 186 Tax Notes Fed. 509 (Jan. 20, 2025):
In this article, Hoopes examines the effect of the corporate alternative minimum tax on the effective tax rates of 10 companies [AirBnb, Ally Financial, Blackstone, Corebridge Financial, Devon Energy, Duke Energy, GE, KKR, NVR, Whirlpool].
Doron Narotzki (Akron; Google Scholar) & Vered Narotzki (S.J.D. Candidate, Florida), TCJA: The False Dawn of Tax Reform, 186 Tax Notes Fed. 521 (Jan. 20, 2025):
In this article, the authors argue that the Tax Cuts and Jobs Act’s short-term economic stimulus has been overshadowed by mounting fiscal challenges and unfulfilled promises. They highlight concerns about the sustainability of extending the expiring provisions without addressing revenue shortfalls and call for a targeted restructuring of the TCJA provisions to prioritize long-term fiscal stability over short-term political gain.
Editor's Note: If you would like to receive a daily email with links to tax posts on TaxProf Blog, email me here.
