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Wrong Attachment Kills Tax Court Jurisdiction

Wrong Attachment Kills Tax Court Jurisdiction

Originally published on Forbes.com. Like many tax practitioners, I am pretty compulsive about attaching everything to tax returns that is called for in the instructions.  Unlike some, I almost as compulsive about not attaching anything that is not required.  Frankly,...
Airplane Tax Deductions Do Not Fly For Urologist

Airplane Tax Deductions Do Not Fly For Urologist

Originally published on Forbes.com. Although I think there may be comic possibilities in the notion of a flying urologist, the Tax Court ruled at least in the case of Dr. Richard Steinberger, that the undertakings of aviation and urology could not be considered one...
When Penalties Are Punitive They Are Not Tax Deductible

When Penalties Are Punitive They Are Not Tax Deductible

Originally published on Forbes.com. The pain of penalties from improper activities can be significantly reduced when the penalties are tax deductible.  Code Section 162(f) provides that deduction will not be allowed “for any fine or similar penalty paid to a...