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Need Form for Dependency Deduction

Need Form for Dependency Deduction

Gratisography at Pexels This was originally published on PAOO on September 1st, 2010. I’ve told a couple of sad stories of damsels in distress who the Tax Court couldn’t help.  Well here’s hoping for a little schadenfreude for Caron...
LLC Member Not Presumed to be Passive

LLC Member Not Presumed to be Passive

This was originally published on PAOO on August 30th, 2010.   In Action On Decision 2010-002 the IRS acquiesced in a Court of Claims decision (Thompson v. US 104 AFTR 2d 2009-5381) holding that a membership interest in a LLC was not presumptively passive.  Since...
Sorry We’re The Tax Court Not Divorce Court

Sorry We’re The Tax Court Not Divorce Court

This was originally published on PAOO on August 27th, 2010.   Tax court summary opinions lack value as precedent, but they are so rewarding in other ways.  This week I wrote about the Gill decision which, if sustained, will allow same-sex couples whose marriages...
Should Mass Same Sex Couples Consider Amending Returns ?

Should Mass Same Sex Couples Consider Amending Returns ?

Chrysostomos Galathris at Pexels This was originally published on PAOO on August 24th, 2010. The recent decision on the constitutionality of California Proposition 8, Perry vs. Schwarzenegger, may have stolen a bit of the thunder from Gill v OPM, which concerns not...
LLC or S Corporation – Six of One A Dozen of the Other

LLC or S Corporation – Six of One A Dozen of the Other

PLR 20107019 This was originally published on PAOO on August 23rd, 2010. I’ve known some people who mangle common expressions without realizing it.  “He wants everything handed to him on a silver spoon.”  “She’ll just have to fish or get...