Opinions, Decisions and Rulings Released This Week MCDONALD V. COMMISSIONER – T.C. Summary Opinion 2016-79 Issue: After conceding to the assessment of liability, was the wife eligible for relief from joint and […]
Tax Week in Review for the Week Ending November 25, 2016
Opinions, Decisions and Rulings Released This Week BARNES V. COMMISSIONER – T.C. Memo 2016-212 Issue: Upon audit, taxpayer was found to have unreported income and unsubstantiated deductions for tax years 2008 and […]
Tax Week in Review for Week Ending November 18, 2016
Opinions, Decisions and Rulings Released This Week FRANKLIN v. COMMISSIONER – T.C. Memo. 2016-207 Issue: Did the IRS properly adjust taxpayer’s liability for S-corporation dividends, S-corporation basis adjustments and omitted discharge of […]
Tax Week in Review for Week Ending November 11, 2016
Opinions, Decisions and Rulings Released This Week WHISTLEBLOWER 26876-15W v. COMMISSIONER, 147 T.C. No. 12 Issue: Does a determination letter from the Whistleblower’s Office need a Director’s signature to be valid? Individual […]
Tax Week in Review for Week Ending November 4, 2016
Tax Related Legislation in the News This Week H.R. 5386: Presidential Tax Transparency Act Purpose: To amend the Federal Election Campaign Act of 1971 to require candidates of major parties for the […]
Tax Week in Review for the Week Ending October 28, 2016
Opinions, Decisions and Rulings Released This Week STANLEY v. COMMISSIONER, T.C. Memo 2016-196 Issue: Were proceeds correctly categorized as nontaxable loans and were Schedule C deductions proper? Taxpayer (T) reported income for […]
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