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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....
The Powder To Blow It Away

The Powder To Blow It Away

  This was originally published on PAOO on November 14th, 2010. Theodore R. Rolfs, et ux. v. Commissioner, 135 T.C. No. 24 We few, we happy few, we band of brothers — joined in the serious business of keeping our food, shelter, clothing and loved ones from...