As promised, here are the podcasts with noted tax expert Attorney Robert Wood on the Murphy vs. IRS case that was decided two days ago by the US District Court of Appeals in DC. Learn more about Attorney Robert Wood by checking out our recent guest section. This case has caused a furor in the tax, legal and settlement world by striking down key elements of section 104(a)(2) on constitutional grounds, and it's impact is just now being understood by the MSM. (that's main stream media for you non-blogger types).
Part one is approximately 15 minutes long and goes into the foundation of the case, why it was brought, the ruling and what some of the early fall out is in the legal and tax world. You can access it by clicking here.
Part two is longer then our usual podcast, approximately 22 minutes but it goes into more detail about the case, but also discusses the immediate impact on several different groups, such as trial lawyers, employment lawyers, life insurance markets and structured settlement professionals. It also gives Rob's views on whether or not the case is likely to be appealed, the risks to the government and what various professionals need to consider now that the ruling is the law of the land for that particular district. You may access that podcast by clicking here as well.
As always, you can find our podcasts on Yahoo, Odeo, Itunes, Podcast Alley and Blinkz.tv if you prefer to use a third party source to subscribe to and listen to our library of shows.