Business & Real Estate Taxation Articles

Tax Deductions and Public Policy

by Jeffrey A. Galant Abstract Public policy continues to inform the interpretation of applicable law, including the tax law. The language of a tax provision ...

July 31, 2025

Mission Impossible: Succession Planning and Family Business

By Jeffrey A. Galant Succession planning in the context of family-owned or controlled businesses generally has two overarching concerns: first, who will manage the business, and ...

April 21, 2025

Musings on Taxpayer Responsibility

The notion that a taxpayer could be penalized for filing a false tax return is obvious. However, it is not so obvious as to which ...

March 25, 2025

KISS, Profit Motive and Foreign Currency Contracts

By Jeffrey A. Galant, Counsel to Meltzer, Lippe, Goldstein & Breitstone, LLP Business & Real Estate Taxation practice group. Great artists, including the likes of ...

December 26, 2024

Alter Ego: Protecting Your Corporation’s Tax Status

Alter Ego: Protecting Your Corporation’s Tax Status By Jeffrey A. Galant Like many things in life and the law, context is important, including, for our ...

November 25, 2024

New York Law Journal: A Reminder That Partnership Tax Status Requires Business Purpose and Profit Sharing

By Jeffrey A. Galant Likely, either the partnership or limited liability company is the most flexible of entities now available for business-or investment-related ventures. Whether ...

August 29, 2023

Cryptocurrency – Don’t Look Now, But Here Comes the Tax Man

By Raymond J. Holst The Bitcoin blockchain went live over thirteen years ago on January 3, 2009. If you’re like most investors, you may have ...

January 26, 2022

Bloomberg Tax: Tax Management Estates, Gifts and Trusts Journal – Using Charitable Remainder Trusts to Defer Reporting the Gain Realized From the Sale of Marketable Securities for Cash

For appreciated marketable securities owners who do not want to wait until the income tax-free step-up in basis at death or cannot take advantage of ...

November 14, 2019

Is a Prenup Really Necessary for Assets in a Spendthrift Trust?

It’s a Family Affair: Is a Prenup Really Necessary for Assets in a Spendthrift Trust answers the question asked by its co-authors Stephen Breitstone, the Head ...

September 10, 2019

What You Need to Know about Freeze Partnerships

By Andrew L. Baron What is a preferred freeze partnership? A preferred freeze partnership is a partnership that has two distinct classes of ownership interest: ...

June 14, 2019