tax-finance

The Tax Cost of Litigation Part I

When a plaintiff wins a judgment or reaches a settlement, the tax man will be…


Tax Law

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…


tax-finance

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 IRS

Innocent Spouse Relief Extended by IRS

The IRS announced Monday that it will make it easier for some taxpayers who…


tax-finance

Tax Practitioner’s Duty to Disclose under Circular 230

Circular 230 contains rules governing the recognition of attorneys, certified…


Internal Revenue Code

Forming a Tax Exempt Organization

With the current state of the world, charities are needed now more than ever.…


Scales of Justice

IRS Appeals Procedure

The IRS has finished its audit and has issued a “30-day letter" with proposed…


Internal Revenue Code

IRS Codification of the Economic Substance Doctrine Imposes New Penalties

Taxpayers seeking the tax benefits of a transaction that the IRS deems to have…