Have a Tax Court matter? If you’ve clicked over to the Tax Court web site lately, you’ve likely seen this: It reads: The U.S. Tax Court would like to assure the public that the Court is following recommended guidelines provided by the Centers for Disease Control and Prevention with respect to the COVID-19 Virus. For…
In law school, one of our professors noted the irony of divorce settlements. It’s funny, she remarked, that two people who often found it difficult to talk about money when they were married are now required to discuss it at a time when they may no longer talk to each other about anything. Even when…
“Taxes are what we pay for a civilized society.” That quote from Supreme Court Justice Oliver Wendell Holmes, Jr., can be found over the main entrance of the Internal Revenue Service office in Washington, D.C., noted Judge Robin Rosenbaum, writing for the Eleventh Circuit Court of Appeals. But, she added, “even Justice Holmes would likely…
The Internal Revenue Service (IRS) has issued an update about what taxpayers and tax professionals need to know about cases that might be pending in the United States Tax Court. As I reported earlier, the United States Tax Court shut down its operations as of Friday, December 28, 2018, at 11:59 p.m. and announced that it…
As I reported earlier, the United States Tax Court has shut down operations as of Friday, December 28, 2018, at 11:59 p.m. and will remain closed until further notice. The closures are due to the partial government shutdown. Trial sessions which were scheduled for the weeks of January 7 and 14, 2019, were not affected…
The United States Tax Court has announced that it will shut down beginning Friday, December 28, 2018, at 11:59 p.m. and will remain closed until further notice.
What happens when a taxpayer disagrees with the Internal Revenue Service (IRS)? Some people think that the matter ends there: the IRS always wins, right? Not necessarily. There are a few ways to appeal an action with IRS. Ironically, most of those appeals actions are actually taken up with IRS meaning that if you disagree…
The National Taxpayer Advocate has issued her list of the top 10 most litigated tax issues. The list includes a number of old favorites – like business expenses – and some new issues. Take a look.
It all started with a ping. Just before noon, I got an interesting tweet. A flurry of tweets, Facebook messages, and emails followed. It was, in the grand scheme of my day, kind of a big deal. I had been following the IRS’ plans to regulate preparers more or less since then Commissioner Doug Shulman…
Hewlett Packard CEO Meg Whitman sounded pretty chipper this week about the future of the company. She spoke effusively about how well things were going. And she attempted to skim right over her really, really big news: HP is laying off about 8% of its workforce, or 27,000 people (about half the population of Greenland)….