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Smart Grid Experiment Participants Qualify For Income Exclusion

Smart Grid Experiment Participants Qualify For Income Exclusion

Private Letter Ruling 201046013, 11/19/2010 This was originally published on PAOO on November 27th, 2010. This merits a brief bonus post. A utility company is engaging in a controlled experiment to determine the effectiveness of a variety of energy saving techniques....
Think Before Filing Joint Returns

Think Before Filing Joint Returns

Eileen L. Pugsley v. Commissioner, TC Memo 2010-255 This was originally published on PAOO on November 26th, 2010. I’ve written before on not reflexively filing joint returns. This case may be a particularly good illustration of the point. It is also one of those...
Does Cohan Still Rule ?

Does Cohan Still Rule ?

This was originally published on PAOO on November 24th, 2010. COHAN v. COMMISSIONER OF INTERNAL REVENUE, Cite as 8 AFTR 10552, 03/03/1930   If you have been here before you might note that a case from 1930 does not quite qualify as a recent development. I was in...
Making A List And Checking It Twice

Making A List And Checking It Twice

U.S. v. BRIER, Cite as 106 AFTR 2d 2010-5459, 11/05/2010 U.S. v. VAZQUEZ, Cite as 106 AFTR 2d 2010-6970, 11/08/2010 This was originally published on PAOO on November 21st, 2010. There has been quite quite a bit in the tax blogosphere about the new registration...
A Tisket A Tasket – Your Hedge Fund’s in a Basket

A Tisket A Tasket – Your Hedge Fund’s in a Basket

AM 2010-005 This was originally published on PAOO on November 18th, 2010. So today we get to introduce a new acronym. What is an “AM” you ask. Well it is Legal Advice Issued by Associate Chief Counsel. I suppose that doesn’t explain the acronym....