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You Be The Tax Judge: They Loved Horses. They Lost Money. Was It Still A Business?
An Idaho couple kept raising horses despite years of losses. The IRS called their ranch a hobby. They called it a business. You be the Tax Judge.
Tax News & Analysis
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IRS Reform Bill Clears Senate Without Objection, Waits For House
The Senate unanimously approved a major package of IRS reforms, but the House has yet to act. Here’s what’s in the bill—and what happens next.
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I Timed 188 Calls to the IRS. Here’s Where the Time Actually Went.
An enrolled agent tracked 188 calls to the IRS. See how much time she spent waiting, where the delays happened, and what taxpayers should know before calling.
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IRS Is Looking For Tax Volunteers. Here’s Why I Flew 4,300 Miles To Be One.
The IRS is seeking VITA volunteers for the upcoming filing season. Here’s what I learned while preparing tax returns for free in rural Alaska.
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Trump Accounts Are Going Automatic. Here’s What Families Need To Know.
New Treasury rules will automatically establish Trump Accounts for millions of children. Here’s what parents need to know about contributions, investments, and the $1,000 pilot.
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You Be the Tax Judge: The Verdict on Influencer Celebrity Expenses
The Tax Court weighs in on whether an influencer can deduct celebrity meet-and-greets, event tickets, and other experiences as business expenses.
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Getting To Know You Tuesday: Tom Bazley
Thomas E. Bazley, CPA, is a tax professional with more than 25 years of experience. Tom serves in the National Tax Office at Weaver, where he works on complex federal tax matters involving closely held businesses, retirement benefits, and individual and fiduciary tax planning. His work often puts him at the intersection of income and…
