Modrall Sperling Law Firm

Deducting Entertainment and Meal Expenses After the Tax Cuts and Jobs Act

The Tax Cuts and Jobs Act made major changes to the laws on business deductions for entertainment and meals, and these new rules will have some impact on…

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Construction Law in New Mexico

This is a summary guide to some aspects of construction law in New Mexico that are important for out-of-state individuals or corporations to keep in mind when doing…

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Which Door is Closing for Taxpayers with Foreign Financial Assets

On Sept. 28, 2018, the IRS will be closing its 2014 Offshore Voluntary Disclosure Program (OVDP), a program that assists taxpayers who failed to disclose foreign financial assets and to pay all tax on any income related to such assets. To patriciate…

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Supreme Court Declines Review of Tenth Circuit Case Holding Tribal Acquisition of an Interest in an Allotment Defeats Eminent Domain Authority

The Supreme Court recently denied a petition to review the Tenth Circuit’s opinion in Public Service Company of New Mexico v. Barboan1. The Tenth Circuit affirmed the district’s court ruling that tribal ownership of a fractional interest in an “allotment,” land the…

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