Return-Path: Received: from vps.transocean.com by vps.transocean.com with LMTP id uF9WGRZCMlq2fgAAInt2oQ ; Thu, 14 Dec 2017 01:19:18 -0800 Return-path: Envelope-to: bruce@transocean.com Delivery-date: Thu, 14 Dec 2017 01:19:18 -0800 Received: from o4.mailings-q.law360.com ([167.89.1.233]:43566) by vps.transocean.com with esmtps (TLSv1.2:ECDHE-RSA-AES128-GCM-SHA256:128) (Exim 4.89) (envelope-from ) id 1ePPfW-0008Qe-Bs for bruce@transocean.com; Thu, 14 Dec 2017 01:19:18 -0800 DKIM-Signature: v=1; a=rsa-sha1; c=relaxed/relaxed; d=law360.com; h=from:to:subject:mime-version:content-type:content-transfer-encoding; s=s1; bh=YyALUTXB/pnOegdBEkTeWJry/80=; b=g/qIce5dYhF1E/Zdx05Feyq NOxBrKoQTkLA2MV4je8RKwB4JjoBK/x3tJvhF0umCpnBbAvjHR4qEnCm7Fg27Byi xkqlHQlLakQAXpT+Ww1YaFOfHLO+Snt6fw0DyC65ILWLBPmxV0L32cHR/OnqIXny fvAbJzdQdtmWfi3qQuK8= Received: by filter0325p1iad2.sendgrid.net with SMTP id filter0325p1iad2-28261-5A3241E1-1 2017-12-14 09:18:25.120361311 +0000 UTC Received: from www.law360.com (ec2-54-84-241-164.compute-1.amazonaws.com [54.84.241.164]) by ismtpd0009p1iad1.sendgrid.net (SG) with ESMTP id 6Qdcao-3Q9qyhbvcdg783Q for ; Thu, 14 Dec 2017 09:18:25.020 +0000 (UTC) Date: Thu, 14 Dec 2017 09:18:25 +0000 (UTC) From: Tax Law360 To: bruce@transocean.com Message-ID: <5a3241e0eb5d3_74d72af3d4b0cf646341f0@ip-172-30-200-223.mail> Subject: GOP Leaders Reach Deal To Reconcile Tax Bill Differences Mime-Version: 1.0 Content-Type: text/html; charset=UTF-8 Content-Transfer-Encoding: 7bit X-SG-EID: Opio7iv9VGQ4tDJiJszIh3zd7qYkeM6M7FLocQY/BAVIqxbQTpIkazAFnL/eU/OD67CK9ADE1UPHQD hCZFbfBK/iHC0DyvYdP3VDiWgTo0xZxs9FRk9QetYE1RTWi+5rinQ3qIlOklVIWH1dbdPg+ed2bOvI znVZSitUeYWE+M3NyTBvNhsjb2RVO+k8KyXBKIfxGw2kFsdrIBEZyExqNw== X-Spam-Status: No, score=1.9 X-Spam-Score: 19 X-Spam-Bar: + X-Ham-Report: Spam detection software, running on the system "vps.transocean.com", has NOT identified this incoming email as spam. The original message has been attached to this so you can view it or label similar future email. If you have any questions, see root\@localhost for details. Content preview: Republican leaders have reached an agreement to settle the differences between the tax cut bills passed in the House and Senate, according to a statement from the Senate Finance Committee on Wednesday. TAX [...] Content analysis details: (1.9 points, 3.0 required) pts rule name description ---- ---------------------- -------------------------------------------------- 0.0 URIBL_BLOCKED ADMINISTRATOR NOTICE: The query to URIBL was blocked. See http://wiki.apache.org/spamassassin/DnsBlocklists#dnsbl-block for more information. [URIs: law360.com] -0.0 RCVD_IN_MSPIKE_H3 RBL: Good reputation (+3) [167.89.1.233 listed in wl.mailspike.net] -0.0 SPF_PASS SPF: sender matches SPF record -0.0 T_RP_MATCHES_RCVD Envelope sender domain matches handover relay domain -0.0 BAYES_20 BODY: Bayes spam probability is 5 to 20% [score: 0.0575] 0.0 HTML_FONT_LOW_CONTRAST BODY: HTML font color similar or identical to background 0.0 HTML_MESSAGE BODY: HTML included in message 0.7 MIME_HTML_ONLY BODY: Message only has text/html MIME parts 1.1 KAM_REALLYHUGEIMGSRC RAW: Spam with image tags with ridiculously huge http urls 0.1 DKIM_SIGNED Message has a DKIM or DK signature, not necessarily valid 0.0 T_DKIM_INVALID DKIM-Signature header exists but is not valid 0.0 LOTS_OF_MONEY Huge... sums of money -0.0 RCVD_IN_MSPIKE_WL Mailspike good senders X-Spam-Flag: NO
Republican leaders have reached an agreement to settle the differences between the tax cut bills passed in the House and Senate, according to a statement from the Senate Finance Committee on Wednesday.
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TOP NEWS

GOP Leaders Reach Deal To Reconcile Tax Bill Differences

Republican leaders have reached an agreement to settle the differences between the tax cut bills passed in the House and Senate, according to a statement from the Senate Finance Committee on Wednesday. Read more »

ABA Pushes Senate Version Of Pass-Through Tax Break

The American Bar Association on Wednesday urged lawmakers to adopt the Senate's version of a tax break for pass-through entities, saying the House version unfairly excludes professional service businesses, including law firms, from receiving the deduction.  Read more »

Reforming IRS Requires More Funding, Advocates Testify

Witnesses speaking at a House Ways and Means subcommittee hearing Wednesday on IRS reform went to bat for programs that help the poor and the elderly fill out tax returns, and called for increased budgets for staffing, programs, training and in-person help at the agency. Read more »

Eaton Investor Beefs Up Claims In Suit Over Merger Tax Info

An Eaton Corp. shareholder has asked a New York federal judge not to toss a proposed class action alleging the company defrauded it and others about the risks involved in a spinoff, saying it had fixed the deficiencies in an earlier complaint. Read more »

Next 'Inevitable' Tax Battle Might Be Over Meat, Study Says

Just as the fight over soda taxes was settling down, new research out Monday predicted the next tax battle would likely be over meat, going as far to call future levies on animal protein “inevitable.” Read more »

FEDERAL

Judge Won't Take Tilton's Taxes Off Table In $45M Bank Fight

A New York state judge shot down efforts by investment manager Lynn Tilton and her company, Patriarch Partners, to keep certain tax and business information private in a $45 million dispute with a German lender at a hearing on Wednesday, decisions her attorneys said they would appeal. Read more »

Trump Econ Adviser Says Tax Bill Can Spur Innovation

The chairman of the White House Council of Economic Advisers said Wednesday the tax overhaul that could soon clear Congress may have important implications for spurring innovation and productivity gains, while also arguing for important patent and immigration reforms. Read more »

Ga. Contractors Get 8 Years For Defrauding CDC

A Georgia federal judge has sentenced the owners of a Georgia-based company that supplied drywall workers for construction projects to eight years each in prison for misrepresenting to the Centers for Disease Control and Prevention that they had in fact withheld taxes from all workers, the U.S. Department of Justice said Wednesday. Read more »

Card Processor Says IRS Owes $2.7M For Airfare Tax Refund

The IRS owes $2.7 million to a credit processing company for excise taxes it repaid to passengers for airline tickets after the airline filed for bankruptcy, the company alleged in a complaint filed Tuesday in a Texas federal court. Read more »

STATE & LOCAL

Atty Need Not Wait For IRS In Malpractice Case: Texas Panel

A Texas attorney does not need to wait until the IRS assesses the taxability of a financial transaction before defending himself against a malpractice claim that carries a potential liability of about $1.6 million, a Texas appellate panel ruled Tuesday. Read more »

INTERNATIONAL

EU Lawmakers Target Bankers, Lawyers Aiding Tax Evasion

A European parliamentary committee on Wednesday recommended new laws that would tighten defenses against tax avoidance, including rules to regulate intermediaries, such as lawyers and accountants, to stop aggressive tax planning. Read more »

EXPERT ANALYSIS

Opinion

BigLaw Is Behind The Automation Curve

In its new report on the effects of automation in the workplace, McKinsey Global Institute identifies lawyers as less susceptible to the sort of automation that could put one-third of American workers out of a career by 2030. This may seem reassuring, but it doesn't mean automation won't disrupt our bottom line, says Michael Moradzadeh of Rimon PC. Read more »

LEGAL INDUSTRY

Judicial Dreams Likely Dead For 2 Trump Picks

Two of President Donald Trump’s federal judge picks — Brett Talley in Alabama and Jeff Mateer in Texas — probably won't win congressional approval, a White House aide and Senate Judiciary Chairman Chuck Grassley said Wednesday. Read more »

Senate Confirms Texas' Willett For 5th Circuit Seat

The Senate on Wednesday confirmed Texas Supreme Court Justice Don Willett to the Fifth Circuit, in a sharply divided vote, sending the Lone Star State's "Twitter laureate" to the federal bench. Read more »

Texas, 11th Circ. Nominees Defend Views To Senate Panel

Nominees to the Eleventh Circuit and a Texas district court defended their past writings and advocacy before a U.S. Senate panel Wednesday, with Texas nominee Matthew Kacsmaryk saying his past advocacy on religious objectors would not color his work as a judge. Read more »

Atty-Journalist Describes 'Hypersexualized World' Of Kozinski

Dahlia Lithwick, a prominent legal commentator and onetime Ninth Circuit clerk, added Wednesday to allegations spreading about lewd and inappropriate sexual behavior by Circuit Judge Alex Kozinski, writing an article describing a “strange hypersexualized world of transgressive talk and action that embodied his chambers.” Read more »

Barnes & Thornburg Atty Suspended For Billing Misconduct

A Barnes & Thornburg equity partner was suspended from practicing law for two years by the Georgia Supreme Court on Monday for submitting bogus bills to corporate clients while working at another firm, which was not named in the ruling. Read more »

Analysis

Lawyers Under Fire: The 2017 Year-End Ethics Review

How far can you go and still be inside the ethical lines? It’s a question lawyers must ask themselves frequently, and one at the heart of some of the biggest lawyer-focused cases and controversies. Here are five groundbreaking decisions and disputes from 2017 every professional liability lawyer should know. Read more »

Ex-Law School Students Need Loan Discharges, NC AG Says

North Carolina’s attorney general told the U.S. Department of Education in a letter Wednesday that he had received complaints from multiple students of the former Charlotte School of Law who said they were unable to obtain loan forgiveness they're entitled to under the national closed school discharge policy. Read more »

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