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March 6, 2022Ben WagnerCategories: Audits, Ben Wagner, UncategorizedTags: business IRS audit, how long does the IRS have to assess taxes, IRS attorney minneapolis, IRS attorney twin cities, irs examination, irs hobby case, irs twin cities attorney, Minneapolis IRS Tax Audit, Minneapolis Tax Attorney, Minneapolis Tax Firm, Minneapolis Tax Lawyer, minnesota examination, profit motive, profit motive case irs, st. paul tax lawyer, tax attorney saint paul, Twin Cities Attorney Taxes

A Sordid Tale of Donkeys and Horses: Tax Court Style – Part Two

On December 16, 2021, the United States Tax Court issued a memorandum opinion in the case of Skolnic...

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January 29, 2022Ben WagnerCategories: Ben Wagner, Profit Motive, UncategorizedTags: california tax attorney, California tax lawyer, getting information from the IRS, Internal Revenue Service, iowa tax attorney, iowa tax lawyer, IRS attorney, IRS attorney minneapolis, IRS attorney twin cities, irs audit tax attorney, IRS Audits, irs california audit, IRS collections minnesota, irs examination, irs hobby case, IRS information, IRS tax attorney, irs tax lawyer, irs twin cities attorney, MDR, Metro Minnesota Tax Attorney, Metro MN Tax Attorney, Metro MN Tax Lawyer, minneapolis tax, Minneapolis Tax Attorney, Minneapolis Tax Firm, Minneapolis Tax Lawyer, Minnesota Department of Revenue audits, Minnesota domicile, Minnesota IRS Audit, Minnesota Tax Attorney, Minnesota Tax Lawyer, mn audit settlement, MN Tax Attorney, MN Tax Firm, MN Tax Lawyer, north dakota tax attorney, profit motive, profit motive case irs, profit motive irs, south dakota tax attorney, wisconsin irs issues, wisconsin tax attorney, wisconsin tax lawyer

A Sordid Tale of Donkeys and Horses: Tax Court Style – Part One

The following tale is the first in a two part series relating to a couple of recent decisions from t...

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May 30, 2016Guest Contributor – Thomas M. ReganCategories: Tom ReganTags: Account Transcripts, attorney fees, change assessment, compromise, discharge taxes in bankruptcy, employment taxes, FOIA and GDPA, GDPA, Innocent Spouse, less than owing, litigation awards, non-passive, passive, payment plan, personal injury, profit motive, settlement awards, trust fund taxes, unpaid taxes

The Complete Lawyer – Tax Controversies

Tom recently presented a seminar to Minnesota attorneys in which he shared some common questions ask...

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February 25, 2013Guest Contributor – Mike O'BrienCategories: Accounting, Audits, Income and DeductionsTags: Audit, audit proving business expenses, business audit, business IRS audit, business vehicle deduction, Code Section 162, Code Section 274, continuity and regularity, credit card receipts to prove business expenses, deducting mileage, Documentation, expenses for carrying on a trade or business, gifts deductible, gifts deduction, gifts rules for deducting, income tax audit, IRC Section 162, IRC Section 274, IRS Audits, irs business vehicle, irs meals and entertainment, irs vehicle expenses, listed property irs, meals and entertainment deduction, meals and entertainment expenses, meals and entertainment tax, mileage log taxes, Minnesota audit, Minnesota Department of Revenue audits, necessary business expenses, ordinary and necessary business expenses, ordinary business expenses, profit motive, proving business expenses, receipts to prove business expenses, Section 274, substantiation, trade or business expenses

Substantiating Business Expenses in Audits – Special Rules for Travel, Meals and Entertainment, Gifts, and any “Listed” Property Expenses

Substantiating business expenses is a common problem for many businesses going through an audit with...

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February 7, 2013Guest Contributor – Mike O'BrienCategories: Accounting, Audits, Income and DeductionsTags: Audit, audit proving business expenses, business audit, business IRS audit, Code Section 162, continuity and regularity, credit card receipts to prove business expenses, Documentation, expenses for carrying on a trade or business, income tax audit, IRC Section 162, IRS Audits, Minnesota audit, Minnesota Department of Revenue audits, necessary business expenses, ordinary and necessary business expenses, ordinary business expenses, profit motive, proving business expenses, receipts to prove business expenses, substantiation, trade or business expenses

Substantiating Business Expenses in Audits – Step Four: Proving a Business Expense is “Necessary”

Substantiating business expenses is a common problem for businesses going through an audit wi...

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January 18, 2013Guest Contributor – Mike O'BrienCategories: Accounting, Appeals, Audits, Income and DeductionsTags: Audit, audit proving business expenses, business audit, business IRS audit, Code Section 162, continuity and regularity, credit card receipts to prove business expenses, Documentation, expenses for carrying on a trade or business, income tax audit, IRC Section 162, IRS Audits, Minnesota audit, Minnesota Department of Revenue audits, necessary business expenses, ordinary and necessary business expenses, ordinary business expenses, profit motive, proving business expenses, receipts to prove business expenses, substantiation, trade or business expenses

Substantiating Business Expenses in Audits – Step Three: Proving a Business Expense is “Ordinary”

Substantiating business expenses is a common problem for many businesses going through an audit with...

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December 18, 2012Guest Contributor – Mike O'BrienCategories: Accounting, Audits, Income and Deductions, Profit MotiveTags: Audit, audit proving business expenses, business audit, business IRS audit, Code Section 162, continuity and regularity, credit card receipts to prove business expenses, Documentation, expenses for carrying on a trade or business, income tax audit, IRC Section 162, IRS Audits, Minnesota audit, Minnesota Department of Revenue audits, necessary business expenses, ordinary business expenses, profit motive, proving business expenses, receipts to prove business expenses, substantiation, trade or business expenses

Substantiating Business Expenses in Audits – Step Two: Proving a “Trade or Business” Incurred the Business Expenses

Substantiating business expenses is a common problem for many businesses going through an audit with...