An open letter to potential law students: Know the truth-ABA Journal

BY NICOLE BLACK AND HEATHER MORSE

With the recent news that some BigLaw starting salaries are rising to $190,000, it’s no wonder that law school continues to be a top destination for recent college graduates. However, the truth behind those starting salaries–and given the volatility of the legal job market and the effects of globalization and technology on the business of law–should give one pause before taking out $200,000 in school loans.

So the question remains: Should you go to law school? The answer according to two legal industry experts? It depends.

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Audits by Mail-What to Do? – IRS

This new IRS YouTube video explains what to do if your client receives a letter from the IRS stating his tax return is being audited by mail: https://youtu.be/FfzLRKP0U7s.

An Old Scam With a New Twist – The New York Times

By J. D. Biersdorfer

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Q. I just got an email message from someone claiming to be a hacker who broke into my computer and used my webcam to watch me looking at adult websites. 
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What Your Email Address Says About Your Law Practice – Technologist

By George Khoury, Esq.

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When you see another lawyer’s email address, do you judge them on it? If not, you might start after reading this.

Apparently, some lawyers believe that the @gmail.com, @yahoo.com, @hotmail.com, or @aol.com accounts should be kept personal, and that a lawyer’s email address should always be an @your-law-firm-name-here.com type address. However, this belief isn’t always correct, and could lead many lawyers down a primrose path of being hacked for using a garbage email client that lacks adequate security.

Fortunately, thanks to the modern times we live in, email addresses can be quickly and easily changed. Below you’ll find a few tips on whether you need to be shopping for a new email.

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ILW.COM – Legal Education: EB-5 Regional Center Roundtable

Focus: EB-5 Roundtable with Angelo Paparelli

This month’s free 45-minute telephonic EB5 Roundtable with Angelo Paparelli features:
Guest Speakers: Mark Katzoff, Brandon Meyer and Rohit Turkhud
This month’s topic is: China Collapse – India Rising – New Regulations Forthcoming: What’s Next for the EB-5 Program?
Date: Tuesday, June 26, 2018 – Time: 2:00-2:30pm ET
Registration Deadline: 11:00pm (ET), Monday, May 28, 2018
To register, please see: http://www.ilw.com/seminars/EB5RegionalCenterSeminars.shtm#regnow
To view speakers and their biographies, please see: http://www.ilw.com/seminars/EB5RegionalCenterSeminars.shtm

Tax reform allows people with disabilities to put more money into ABLE accounts, expands eligibility for Saver’s Credit | Internal Revenue Service


If you have clients with disabilities, they can now put more money into their tax-favored Achieving a Better Life Experience (ABLE) accounts. The Tax Cuts and Jobs Act enables eligible individuals with disabilities to put more money into their ABLE accounts, qualify for the Saver’s Credit in many cases and roll money from their 529 plans into their ABLE accounts.

For more information about ABLE accounts and the tax reform changes, visit IRS.gov/taxreform.

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Where taxpayers can get help any time of the year | Internal Revenue Service

While the federal income tax-filing deadline has ended, some of your clients may still need assistance. Several IRS resources are available year-round:

  • IRS.gov. You can find helpful information by clicking on “Help” at the top of the home page to access several online tools, obtain answers to tax questions with the Interactive Tax Assistant and the IRS Tax Map, and choose ‘Where’s My Refund?’ to check the status of your client’s refund.
  • Taxpayer Advocate ServiceTAS can help any of your clients experiencing economic harm, who are seeking help in resolving tax problems, or who believe that an IRS procedure is not working as it should. Contact TAS at 1-877-777-4778.
  • Low Income Taxpayer Clinics. The LITCsprovide professional representation to individuals who need to resolve tax problems.
  • Multimedia Center. A number of YouTube videos are available on a variety of topics in either EnglishSpanish or American Sign Language. IRS podcasts are also available in English and Spanish.
  • Twitter@IRSnews provides tax-related announcements and tips. @IRStaxprostweets news and guidance for tax professionals. Tweets from @IRSenEspanolhave news and information in Spanish.
  • The Taxpayer Advocate Service sends tweets from @YourVoiceAtIRS.

For more information, visit https://go.usa.gov/xQHcZ.

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