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A Ruling on Fraud and Some Innocent Spouse Cases

A Ruling on Fraud and Some Innocent Spouse Cases

Originally published on Passive Activities and Other Oxymorons on June 13th, 2011. ____________________________________________________________________________ Private Letter Ruling 201114005 LLC was qualified investor for purposes of claiming theft loss deduction...
No Lady Doctor Exception to Late File Penalty

No Lady Doctor Exception to Late File Penalty

Originally published on Passive Activities and Other Oxymorons on June 10th, 2011. ____________________________________________________________________________ Pamela B. Russell v. Commissioner, TC Memo 2011-81 I’ve mentioned from time to time why I am ill...
Regards To Your Single Member LLC

Regards To Your Single Member LLC

Originally published on Passive Activities and Other Oxymorons on June 8th, 2011. ____________________________________________________________________________ CCA 201116019 One of the great simplifications of income tax law was not done by legislation but rather by...
Wear That Badge of Fraud Boldly

Wear That Badge of Fraud Boldly

Originally published on Passive Activities and Other Oxymorons on June 8th, 2011. ____________________________________________________________________________ The last of the tax season developments will be up soon.  The purpose of this blog is to provide a little bit...