J. Martin Burke on Final Regulations Addressing the Costs Incurred by Estates or Non-Grantor Trusts Subject to the 2-Percent Floor for Miscellaneous Itemized Deductions (PDF)
Treasury has issued final regulations addressing the costs incurred by estates or non-grantor trusts that are subject to the 2-percent floor for miscellaneous itemized deductions under I.R.C. Section 67a). The final regulations generally follow the regulations proposed in 2011 with some minor modifications.
J. Martin Burke earned his J.D. from the University of Montana School of Law and his LL.M in Taxation from New York University. Upon completion of his J.D., Professor Burke clerked for the honorable William J. Jameson, Senior Federal District Judge for the District of Montana. He subsequently practiced with the law firm of Crowley, Haughey, Hanson, Toole and Dietrich in Billings, Montana before joining the law faculty at the University of Montana. Professor Burke served as Dean of the University of Montana School of Law from 1988 to 1993 and continues to serve as a full professor of the law faculty. He has also taught as a visiting tax professor at New York University, the University of Florida, and the University of Washington. Professor Burke is active in the American Bar Association Section on Legal Education having served as Chair of both the Section's Accreditation Committee and Standards Review Committee. He is also active in the State Bar of Montana's Professionalism Committee. Professor Burke is also a frequent lecturer at various regional and national tax programs. Professor Burke is the co-author of the following: Taxation of Individual Income (LexisNexis) (with Professor Michael Friel); Modern Estate Planning, Second Edition (LexisNexis) (with Professors Elaine Gagliardi & Michael Friel); Understanding Federal Income Taxation (LexisNexis) (with Professor Michael Friel).
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