There is a saying (attributed to Ben Franklin) that says, “nothing is certain except death and taxes.” It is true that these two unwanted guests visit us all. But when it comes to taxes, do they visit us all in the same way?
This one-hour CPE discusses the federal tax system, the historic tax rates, and the impact of tax policies on individuals from various minority and low-income tax brackets. Professor Francine Lipman, CPA, LLM, JD is a scholar on tax issues and has written extensively about the systemic impact of taxes on immigrants, minority, and low-income communities. Together with Community Legal Aid Services’ attorney Dana A. Goldstein, Professor Lipman discusses wealth inequality and how that intersects with tax policies including matters of inheritance, issues of estate tax, tax consequences of housing gains and loss, and varying audit rates among income levels.
Professor Francine J. Lipman brings to the Boyd School of Law an exceptional record as an accountant, a lawyer, a teacher, and a scholar. After working as a CPA in an international accounting firm and as the Chief Financial Officer for a chain of retail jewelry stores, Professor Lipman turned to the law. She served as the Editor in Chief of the UC Davis Law Review. She was recognized as an outstanding law student and a member of the Order of the Coif.
She was a tax law review scholar in NYU’s graduate tax law program, where she practiced law with O’Melveny & Myers LLP and Irell & Manella LLP. Professor Lipman joined Chapman University’s School of Business and Economics faculties in 2001 and the School of Law in 2003. Professor Lipman is an elected member of the American Law Institute, the American College of Tax Counsel, the American Bar Foundation, and an editor and former committee chair for the American Bar Association’s Tax Section. She has been a visiting professor at UC Hastings College of Law and the University of Nevada, Las Vegas. In 2016, Governor Brian Sandoval was appointed, and in 2020 Governor Steve Sisolak reappointed Professor Lipman to serve as Nevada Tax Commissioner. The Nevada Tax Commission consists of eight Nevadans with various professional and business backgrounds.
The Commissioners supervise the overall administration and operations of the Nevada Department of Taxation. Professor Lipman has written extensively on tax and accounting issues for legal journals, including the Wisconsin Law Review, Florida Tax Review, Virginia Tax Review, SMU Law Review, Nevada Law Journal, American University Law Review, Harvard Environmental Law Review, Harvard Latino Law Review, Harvard Journal on Legislation, The Tax Lawyer, The Practical Tax Lawyer, Taxes and Tax Notes. Professor Lipman is a frequent speaker on tax subjects to law and business groups.