Taxing Scandals: The Blog that Looks at Tax Consequences of the Latest Tabloid Scandals - Donald Sterling and His Silent Partners
When a probate judge cleared the way for the $2 billion sale of the Clippers…
The Tax Cost of Litigation Part I
When a plaintiff wins a judgment or reaches a settlement, the tax man will be…
Tax Issues in Identity Theft
Identity theft is on the rise and is a frustrating process for victims. Some…
Report Someone to the IRS for Fun and Money
Who are the IRS’s favorite superheroes? The X-Men. The IRS loves to hear from…
California SB 86 Tries Carrot and Stick Approach to Tax Shelters
California has once again tried to create a legislative fix for tax shelters in…
Innocent Spouse Relief Extended by IRS
The IRS announced Monday that it will make it easier for some taxpayers who…
Tax Practitioner’s Duty to Disclose under Circular 230
Circular 230 contains rules governing the recognition of attorneys, certified…
Forming a Tax Exempt Organization
With the current state of the world, charities are needed now more than ever.…
IRS Codification of the Economic Substance Doctrine Imposes New Penalties
Taxpayers seeking the tax benefits of a transaction that the IRS deems to have…