Insights

How are stock purchases treated for tax purposes under 26 USC 338? An IRS Letter Ruling on asset acquisitions.

Church Status: Can (and should) your religious nonprofit seek church status with the IRS?

Texas Tax Roundup — July 2022

Tax Court in Brief | Whistleblower 769-16W v. Comm’r | Can the Tax Court divest itself of jurisdiction over a whistleblower proceeding?

Tax Court in Brief | Eze v. Commissioner | Schedules C and C2 Business Expense Deductions of a Sole Proprietorship

Collins Reminds that Corrective Actions Alone do not Always Negate Willful FBAR Penalties

A Crypto Quagmire: Civil and Criminal Charges Filed against a Coinbase Manager for Insider Trading of Securities

Filing an IRS Whistleblower Claim – Insight from Director Hinman

E Pluribus Unum – A Child’s Question Leads to a Silent Courtroom

Moments in Tax History | Eisner v. Macomber | Income, an Origin Story

Tax Court in Brief | Hall v. Commissioner | Additions to Tax for Underpayments and Income from Trusts

Tax Court in Brief | Elstein v. Commissioner | Reasonable Cause Defense for Failure to File

Tax Court in Brief | Kinney v. Commissioner | Schedule C Deductions Legal Fees, Insurance, Car and Travel Expenses

Can a Professional Services Firm Limit its Liability by Contract? A Look at Texas, New Mexico, and Oklahoma Law

Your Guide to Starting a Business in Mexico

Tax Court in Brief | Thompson v. Commissioner | Conservation Easements: Donor Improvement Carve-Outs and Supervisory Approval for Valuation Penalties

Tax Court in Brief | Rojas v. Commissioner | Deduction of Alimony and Child Support Under IRC Section 215

Tax Court in Brief | Soler v. Commissioner | Innocent Spouse Relief Under 6015(b) and (f) Denied