It is not uncommon for small businesses to rely on friends and family for loans to assist the busine...
Can You Remotely Satisfy The Material Participation Test?
For many taxpayers with multiple active business interests, the material participation test can be a...
IRS Taxpayer Roadmap
The Internal Revenue Service (IRS) Taxpayer Advocate Service (TAS) recently released the above “su...
Another Tax Blow To The Marijuana Industry
The marijuana industry remains in a difficult position when it comes to the federal tax implications...
Are Sexual Harassment Settlement Payments and Attorney Fees Tax Deductible?
Are Sexual Harassment Settlement Payments and Attorney Fees Tax Deductible? It depends on whether th...
Winning A Tax Battle, But Losing the Tax War
A recent U.S. Tax Court decision in Barker v. Comm’r of Internal Revenue, T.C. Memo. 2018-67 exemp...
How Long Do I Need To Keep My Tax Records?
I am often asked how long do I have to maintain records to protect myself against actions by the Int...
Real Estate Professional – Maintaining Adequate Records
Doing well in a full time job is hard enough, but some people, for many reasons, spend significant t...
Filing and Serving Documents in United States Tax Court Proceedings
Federal and state courts continue to evolve as technology evolves. The United States Tax Court is no...
Innocent Spouse Relief- IRS Modifies Section 6015(f), Equitable Relief Rules
On January 5, 2012, in Notice 2012-8, the IRS significantly modified the rules for spouses seeking I...
Taking Your Case To The United States Tax Court
While most taxpayers can resolve their situation with the Internal Revenue Service (IRS) without ask...