Cynthia Lepow

Professor of Law
A.B., 1962, Hunter College; J.D., 1967, Fordham University; LL.M., 1979, New York University (Taxation).

Prior to teaching law, Professor Lepow was the first woman to litigate in Rochester, New York. She practiced commercial and corporate law for multi-national clients in the energy and chemical industries. In 1980 Professor Lepow began teaching at Loyola. She is a former Chair of the Domestic Relations Committee of the Tax Section of the American Bar Association, and a member of the committees on Standards of Tax Practice, the Problems of Low Income Taxpayers and Tax Teaching.  Professor Lepow has been a technical advisor to two soap operas and has produced four videos on tax subjects.  She has acted as an arbitrator in an international moot arbitration competition for law students from all five continents. She has visited at Capital, Fordham, Pace, San Diego, and Seton Hall Law Schools and is a member of the bar in New York and Washington.

Katrina Losses Save Taxes

A year after Katrina, many New Orleans residents and businesses still face uncertainty regarding the amount of their losses.  These losses may bring relief in time for the extended filing deadline of October 16 for federal income taxes.  After Katrina, Congress passed temporary tax breaks of over $6 billion and created tax incentives of $8.6 billion for reconstruction efforts in the New Orleans area.

The Katrina Tax Relief Workshop at Loyola College of Law on September 9th follows in pdf and audio format, including:

1. Revenue Procedure 2006-32 (the casualty loss deduction)
2. Natural Disaster Claim (Louisiana Sales tax refund)
3. The casualty loss deduction for federal taxes
4. The Louisiana state sales tax refund
5. The question and answer session between the audience members and the tax panelists

Speakers include: Gerard H. Schreiber, Jr., CPA; Susan S. Canavello, IRS attorney, and IRS representatives Sharon Evans, Lisa Laurent, and Aaron Steele, all of whom have personal and work experience in the New Orleans area. In addition, Earl J. Millet, Jr., Regional Tax Director of the Louisiana Department of Revenue explained the Louisiana sales tax refund. Cynthia Lepow, Professor of Law, moderated the panel.

E-mail: clepow@loyno.edu
Office Phone: 504-861-5651

Publications

Books:

• Family Tax Reporter, CCH, forthcoming 2007.
• "Taxes," in Louisiana Civil Law Treatise: Successions and Donations, by Swaim and Lorio (St. Paul, MN: West Publishing Co., 1995). Pages 470-489.
• "Taxation and Insurance," in Business Insurance: Law and Practice Guide (New York, NY: Matthew Bender, 1989). Pages 28-1 - 28-117.
• Federal Tax Deductions by Comerford. Authored the 1986 Annual Supplement. (Boston, MA: Warren, Gorham and Lamont, Inc., 1987).

Picture Books:

• Earned Income Credit Picture Book with Tony Masa
• Partnership Anti Abuse Rules (a tribute to Margritte) with William Jones

Videotapes:

• Earned Income Credit, Part I, 15 min. (1996) (general rules regarding who is eligible for the EIC; a love story).
• Earned Income Credit, Part I, in Spanish
• Earned Income Credit, Part I, Vietnamese edition
• Earned Income Credit, Part II, 15 min. (questions and answers for parents and small business owners)
• Nobody Gets Married for the First Time Anymore. Part I: How Divorce Became the Last Tax Shelter in America (1991) (tax issues in property division, a tax musical fantasy).  50 min.

Articles:

• “Tales of Unrequited Love and Unexpected Taxation in the Family Corporation,” Tax Notes, Aug. 1, 2005, at 571; J. Tax’n Corp. Transactions, Aug.-Sept. 2004 at 29;
• “The Flimflam Father: Deconstructing Parent-Child Stereotypes in Federal Tax Subsidies,” 5 NYU J. of Legislation & Pub. Pol. 129 (symposium issue);
• “Satire: A Modest Proposal for Health Care Reform,” 25 Rutgers L.J. 105; updated and reprinted ‘A Modest Proposal’ -- Tax Good Health, 64 Tax Notes 819;
• "Fifth Circuit Tax Update," with Robert McKnight, Jr. and Margaret Fuller, Fifth Cir. Rep. (quarterly 1990-1997).
• "Deconstructing Los Angeles or a Secret Fax from Magritte Regarding Postliterate Legal Reasoning: A Critique of Legal Education," 26 U. Mich. J.L. Ref. 69-124 (1992).
• "Tax Policy for Lovers and Cynics: How Divorce Settlement Became the Last Tax Shelter in America," 62 Notre Dame L. Rev. 32-60 (1986).
• "Nobody Gets Married for the First Time Anymore: A Primer on the Tax Implications of Support Payments in Divorce," 25 Duq. L. Rev. 43-86 (1986).
• "Reforming the Tax Treatment of Divorce: Splitting the Benefits of a Split," 7 U. Puget Sound L. Rev. 441-490 (1984).
• "Proposals to Reform the Tax Treatment of Property Division Incident to Divorce -- A Splitting Headache," 10 Community Prop. J. 237-271 (1983).

Updated November 16, 2006