“Act that your principle of action might safely be made a law for the whole world.” – Immanuel Kant – “A person may cause evil to others not only by his actions but by his inaction, and in either case he is justly accountable to them for the injury.” – John Stuart Mill - I [...]
Tags: Ethics · News · Politics
In Canal Corp. v. Commissioner, 135 T.C. No. 9 (Aug. 5, 2010), the Tax Court found a corporation liable for a $37 million accuracy-related penalty under §6662(a) even though it had obtained a tax opinion from Price Waterhouse Coopers (PWC). Judge Diane Kroupa issued a scathing rebuke of PWC which should be viewed as a shot across the bow of [...]
Tags: Court Cases · Ethics · IRS Penalties
A twitterer friend named Bill Yates alerted me to an interesting article titled 10 Things Your Lawyer Won’t Tell You by Brigid McMenamin of SmartMoney. Here’s number 7: Since 2002, when the ABA . . . stated that lawyer-client sex is generally unethical but that it’s up to each state whether to adopt a ban on the practice, 29 states [...]
Tags: Ethics
