by admin | Dec 1, 2020 | Tax
Originally published on Forbes.com. A Treasury news release makes it clear that the IRS is holding firm to its negative view on deducting expenses paid by forgivable Paycheck Protection loans. Should taxpayers resist? Or would that be futile gesture like dumping tea...
by admin | Nov 30, 2020 | Tax
Originally published on Forbes.com. There is a sign that the IRS is raising the stakes in its attack on syndicated conservation easements (SCE). Jennifer Black, (Senior Counsel Procedure and Administration) authored two chief counsel advices CCA 202044009 and...
by admin | Nov 30, 2020 | Tax
Originally published on Forbes.com. Judge Albert Lauber, “Scholar Al” as Lew Taishoff has dubbed him, has given the IRS a big win against The Coca-Cola Company. His opinion approves the better part of a $3.4 billion notice of deficiency covering...
by admin | Nov 19, 2020 | Tax
Originally published on Forbes.com Judge Robert Goeke of the United States Tax Court approved a $17.5 million 2012 charitable deduction disallowance in the case of Glade Creek Limited Partnership. He went a little easier on the penalties than the IRS had proposed. ...
by admin | Nov 17, 2020 | Tax
Originally published on Forbes.com. Dallas skyline. Photo credit Derek Evatt. G. Brint Ryan and Ryan LLC may be transforming the way high end tax practice is done. And it does not appear that the industry is noticing. Ryan’s recent (September 15) $4.25 million...
by admin | Nov 7, 2020 | Tax
Originally published on Forbes.com. The IRS put something exciting on Page 30 of the draft 2020 Instructions for Form 1065. I am going to try to explain why this is important to anybody other than the few thousand people who take this stuff seriously. In 2017 there...
