tax research accounting research
Parker Tax Pro Library
online tax research Parker Tax Pro Library tax research Like us on Facebook Follow us on Twitter View our profile on LinkedIn Find us on Pinterest
tax research software
Professional Tax Software
Tax Research
Tax Research Articles Tax Research Parker's Tax Research Articles Accounting Research CPA Client Letters Tax Research Software Client Testimonials Tax Research Software Federal Tax Research tax research


Accounting Software for Accountants, CPA, Bookeepers, and Enrolled Agents

Latest Tax Accounting and Research Articles March 2024 - January 2020

Taxpayer Can't Escape Assessments on Excess IRA Contributions. 03/2024

IRS Issues Final Regs and Other Guidance on Elective Payments of Clean Energy Credits. 03/2024

Taxpayers Hit with Civil Fraud Penalties for Sham Trust Arrangement. 03/2024

Flawed Appraisal Dooms $20 Million Conservation Easement Charitable Deduction. 03/2024

Taxpayer Properly Added Bond Fees to Basis for Purposes of Low-Income Housing Credit. 03/2024

Returns That Omit Estimated Tax Payments Are Not In Processible Form for Purposes ... 03/2024

Taxpayer Had Unreported Income Due to Workers' Compensation Offset Rule. 03/2024

Third Party Payers Are Liable for Improperly Claimed Employee Retention Credits. 03/2024

Taxpayer's Refund Request on Amended Return Was Untimely, Court Finds. 02/2024

Taxpayer Constructively Received Early IRA Distribution Due to Criminal Forfeiture. 02/2024

What to Do About Missing or Incorrect Forms W-2 and Forms 1099. 02/2024

Sixth Circuit Holds That the Willful FBAR Penalty Applies to Reckless Conduct. 02/2024

Option Agreement to Purchase Shares in Family Business Was a Taxable Gift. 02/2024

IRS Issues Annual Vehicle Depreciation and Lease Inclusion Amounts for 2024. 02/2024

Tax Court Sides with Taxpayer: Transfers Between S Corps Were Not Debt Transactions. 02/2024

IRS Issues Guidance on the Alternative Fuel Vehicle Refueling Property Credit. 02/2024

Innocent Spouse Claim Nixed by Significant Benefit to Taxpayer from Underpayments. 02/2024

Microcaptive Insurance Arrangement Fails to Pass Muster in Tax Court. 02/2024

In-Depth: House Passes $78 Billion Bipartisan Tax Relief Bill; Separate SALT Relief Bill Introduced. 02/2024

Initial Guidance Provided on Pension-Linked Emergency Savings Accounts. 01/2024

Partnerships Get Additional Time to Provide Complete Forms 8308. 01/2024

January 31 Deadline is Approaching for Forms W-2 and 1099. 01/2024

IRS Reconsiders Gift Tax Consequences of Trust Tax Reimbursement Clauses. 01/2024

Tax Court Petition Mailed By Erroneous Due Date on Notice of Deficiency Was Timely. 01/2024

Guidance: Digital Assets Should Be Excluded in Determining if Form 8300 Must Be Filed. 01/2024

IRS Updates Guidance on Availability of Exemptions from E-Filing Requirements. 01/2024

Most Popular: Lawmakers Announce Framework for Bipartisan Tax Deal. 01/2024

IRS Modifies Interim Guidance on Amortization of Research Expenditures. 01/2024

Tax Court Allows Estimated Cost of Goods Sold Expense; Upholds Accuracy Related Penalty. 01/2024

IRS Provides Guidance on SECURE 2.0 Act Retirement Plan Changes. 01/2024

In-Depth Look: Top Tax Developments of 2023. 01/2024

IRS Issues Standard Mileage Rates for 2024. 01/2024

Court Rejects Taxpayer's Argument That IRS Waived Formal Refund Requirements. 01/2024

Settlement Payment for Wrongful Termination Was Not Excludable from Income. 01/2024

IRS Issues Proposed Regs to Implement the Advanced Manufacturing Production Credit. 01/2024

IRS Provides Penalty Relief for Certain Returns Filed During COVID-19 Pandemic. 01/2024

IRS Extends Safe Harbor for Incremental Cost of Commercial Clean Vehicles to 2024. 12/2023

IRS Issues Guidance on Clean Vehicle Credit Excluded Entity Provisions. 12/2023

$700,000 Settlement Payment from Apartment Complex Was Not Excludable from Income. 12/2023

Functional Analysis Determines Limited Partner Status for Self-Employment Tax Purposes. 12/2023

Proposed Regs Address 401(k) Plans for Long-Term Part-Time Employees. 12/2023

Proposed Regs Update Rules on Transactions Between Related Persons and Partnerships. 12/2023

Fifth Circuit Affirms Denial of Construction Contractor's Claims for Research Credits. 12/2023

Proposed Regs Address SECURE 2.0 Act Conservation Contribution Disallowance Rule. 12/2023

Sixth Circuit Vacates District Court's Decision Invalidating Notice 2007-83. 12/2023

Proposed Regs Provide Guidance on Energy Credit. 11/2023

In-Depth Look: 2023 Year-End Tax Planning for BUSINESSES. 11/2023

CPA Sample Client Letter: 2023 Year-End Tax Planning for BUSINESSES. 11/2023

401(k) Contribution Limit Increases to $23,000 for 2024; IRA Limit is $7,000. 11/2023

Exchange of Variable Contracts Results in $71 Million Short-Term Capital Gain. 11/2023

IRS Announces 2024 Inflation Adjustments. 11/2023

In-Depth Look: 2023 Year-End Tax Planning for INDIVIDUALS. 11/2023

CPA Sample Client Letter: 2023 Year-End Tax Planning for INDIVIDUALS. 11/2023

IRS Whistleblower Office Did Not Abuse Discretion in Determining Award Amount. 11/2023

Translation Error Raises Question as to Taxpayer's Willfulness in Failing to File FBAR. 11/2023

Social Security Announces 3.2 Percent Cost of Living Adjustment for 2024. 11/2023

Tax Court Nixes Attempted Rollover of Cash Proceeds from Sale of Partnership Interest. 11/2023

IRS Postpones Deadlines for Taxpayers Affected by Terrorist Attacks in Israel. 11/2023

Court Upholds Validity of Closing Agreement Waiving Foreign Earned Income Exclusion. 10/2023

IRS Extends Replacement Period under Section 1033 for Certain Livestock Sales. 10/2023

Tax Court: 30-Day Deadline to Request CDP Hearing Can Be Equitably Tolled. 10/2023

Real Estate Investor Couldn't Rely on CPA to Excuse Accuracy-Related Penalties. 10/2023

Revenue from Hotel's Operating Fund Was Not Excludable Under Trust Fund Doctrine. 10/2023

Cash Value of Life Insurance Policy Was Taxable Under Split-Dollar Insurance Rules. 10/2023

IRS Provides Guidance on Transfers of Clean Vehicle Credits Beginning in 2024. 10/2023

IRS Updates Wash Sale Rules for Redemptions of Shares in Money Market Funds. 10/2023

Widow Wins Refund of Lien Proceeds Due to Innocent Spouse Relief. 10/2023

Incarcerated Taxpayer Was Not Liable for Misappropriated IRA Distributions. 10/2023

IRS Issues Annual Per-Diem Guidance for 2023-2024. 10/2023

No Supervisory Approval Needed for Assessment of Penalties Under Sec. 6721(e). 10/2023

Federal Circuit: Court of Federal Claims Misapplied Step Transaction Doctrine. 10/2023

IRS Provides Guidance on New Energy Efficient Home Credit. 10/2023

Estate Administrator's Refund Lawsuit Kept Alive by IRS Processing Delays. 09/2023

Plan to Avoid Corporate Tax Through Interest Deductions Doesn't Fly in Tax Court. 09/2023

IRS Properly Referred Case to DOJ Before Rejecting Proposed Installment Agreement. 09/2023

Losses Flowing to S Portion of an ESBT Can Be Carried to Other Years as NOLs. 09/2023

IRS Issues Interim Guidance on Amortization of Research and Experimental Costs. 09/2023

IRS Provides Guidance On Federal Tax Treatment of 2023 State Tax Refunds. 09/2023

Tax Court Vacates Summary Judgment Order Due to Backdated Penalty Approval Form. 09/2023

Tax Court Reduces Deductions for Purported Rent Payments to S Corp's Owners. 09/2023

IRS Issues Proposed Regulations on Broker Reporting of Digital Asset Transactions. 09/2023

Taxpayer Had to Include COD Income in Year Lender's Time to File a Claim Expired. 09/2023

Ninth Circuit Upholds $8 Million Penalty Against Promoter of Timeshare Donation Scheme. 09/2023

IRS Delays Effective Date of SECURE 2.0 Act Roth Catchup Provision Two Years. 09/2023

IRS Issues Prop. Regs on Prevailing Wage & Apprenticeship Requirements for Increased ... 09/2023

Loans Discharged by Cancellation of Life Insurance Result in Taxable Distributions. 08/2023

Late-Filed Return Nixes Taxpayer's Claim for Refund of Excess Withholdings. 08/2023

Trust's Filing of Form 843 Did Not Qualify as a Valid Informal Refund Claim. 08/2023

Insolvent S Corp Can't Exclude Income from Debt Cancelled as Part of Sale of Property. 08/2023

Seventh Circuit Blocks Basketball Team Seller's Deduction for Deferred Comp Liability. 08/2023

IRS Provides Guidance on Electronic Filing Exemptions, Waivers, and Rejections. 08/2023

IRS Rules That Receipt of Crypto Units As Rewards for Staking Is Taxable Income. 08/2023

IRS Issues Final Regs Allowing Assessments of Erroneous Refunds of COVID-19 Credits. 08/2023

IRS Provides Guidance on Requirements for Claiming Home Energy Audit Credit. 08/2023

Employers Can't Rely on Supply Chain Disruptions to Claim Employee Retention Credit. 08/2023

Reporting Workers' Comp on W-2 May Result in Liability Under Section 7434. 08/2023

Tax Court Rejects Charitable Deduction for Purported Bargain Sale of Land. 08/2023

Proposed Regs Clarify Taxability of Insurance Not Paid for Actual Medical Expenses. 08/2023

Third Circuit Affirms That Uncashed Checks Had to be Included in Gross Estate. 07/2023

IRS Provides 2023 Transition Relief for Required Minimum Distributions. 07/2023

Fifth Circuit: Filing of False Payment Plan Statement Is Sufficient Evidence of Tax Evasion. 07/2023

Taxpayers Improperly Calculated Mortgage Interest Deduction for Year Home Was Sold. 07/2023

Passthrough Losses Disallowed Due to Taxpayers' Lack of Outside Basis in Partnerships. 07/2023

Taxpayer Properly Excluded Cancelled Debt from Income Due to Insolvency. 07/2023

No FICA Tax Refund for Non-U.S. Worker Who Failed to Obtain Official Certificate. 07/2023

IRS Announces That COVID-19 Rules for High Deductible Health Plans Expire After 2024. 07/2023

Taxpayer Had Reasonable Cause for Incomplete Substantiation of Conservation Easement. 07/2023

Taxpayer Can't Avoid IRS Levy by Transferring Cello to a Trust. 07/2023

Most Popular: Tax Court Rejects Petition Electronically Filed 11 Seconds After Midnight. 07/2023

Chief Counsel's Office: Wellness Indemnity Payments Are Taxable Income and Wages. 07/2023

Eight Circuit: Value of Taxable Estate Includes Insurance Proceeds Used to Redeem Shares. 06/2023

IRS Issues Guidance on Elective Payments and Transfers of Energy Credits. 06/2023

Tax Court Denies Litigation Costs to Taxpayer; IRS's Position Was Substantially Justified. 06/2023

District Court Rules IRS's John Doe Summons on Coinbase Was Not Unconstitutional. 06/2023

Tax Court: Discovery in Whistleblower Cases Requires Showing of Bad Faith by IRS. 06/2023

Fourth Circuit Rejects Presumption of Delivery Under Common Law Mailbox Rule. 06/2023

Eleventh Circuit: Hobby Losses Are Deductible Only as Miscellaneous Itemized Deductions. 06/2023

Fourth Circuit Affirms Tax Court's Holding That CEO's Bonuses Were Excessive. 06/2023

Estate Tax Liability Applies to Persons Who Received Property After Decedent's Death. 06/2023

Tax Court Lacks Jurisdiction Over Seriously Delinquent Tax Debt Notice Requirement. 06/2023

Supreme Court Resolves Circuit Split on Notice Requirement for Third Party Summonses. 06/2023

Tax Court: Fuel Blender's Excise Tax Credits Must Be Factored Into COGS Determination. 06/2023

Assessment Was Untimely Because Taxpayer's Disclosures Triggered Statute of Limitations. 06/2023

IRS Can Offset COVID-19 Tax Credits Against Liabilities of Third-Party Payors. 06/2023

Biotech Company Overstated Expenses in Calculating Research Credit. 06/2023

IRS Provides Initial Guidance on Domestic Content Bonus Credit. 05/2023

Court Rebuffs IRS's Request to Summarily Decide Semi Truck Excise Tax Case. 05/2023

Statute of Limitations on Assessment Does Not Apply to Tax Shelter Promoter Penalty. 05/2023

No Deduction Allowed in 2012 for Lawsuit Settlement Check Delivered in 2013. 05/2023

Interest Received on Past-Due Child Support Was Taxable Income. 05/2023

Taxpayer Prevails in Dispute Involving Receipt of Partnership Units for Services. 05/2023

Tax Court Dismisses Petition Filed Electronically Five Minutes Past Midnight. 05/2023

Chief Counsel's Office Explains Substantiation Requirements for Cafeteria Plan Payments. 05/2023

Election to Apply Tax Refund to Next Year's Taxes Did Not Bar Bankruptcy Discharge. 05/2023

Tax Court Holds That Virgin Islands Tax Return Did Not Trigger Statute of Limitations. 05/2023

Eleventh Circuit: Tax Court Has No Jurisdiction to Redetermine Interest on Deposit. 05/2023

IRS Obsoletes Decades-Old Guidance on Accounting for Research and Experimental Costs. 05/2023

Protocol Upgrade to Blockchain Distributed Ledger Does Not Result in Gain or Loss. 05/2023

Taxpayers' Attempt to Exclude Income and Defer Gain Using CRATs Falls Short. 05/2023

Court Holds That IRS Waited Too Long to Recover Excess Interest via Refund Offset. 04/2023

IRS Cannot Assess Penalties for Failing to Report Interests in Foreign Corporations. 04/2023

Proposed Regulations Identify Micro-captive Transactions As Listed Transactions. 04/2023

Disability Benefits Paid Under Dual-Purpose Statute Were Excludable from Income. 04/2023

Penalty for Frivolous Filings Applies to Returns Made on Behalf of Other Taxpayers. 04/2023

IRS Provides Safe Harbor Language for Conservation Easement Deeds. 04/2023

IRS Issues Proposed Regulations on Supervisory Approval Of Penalty Assessments. 04/2023

No Stepped-Up Basis for Trust Assets That Were Not Included in Gross Estate. 04/2023

EV Credit Proposed Regs Implement Vehicle Component Requirements; Include ... 04/2023

Tax Liens Allowed Chapter 7 Trustee to Avoid Disclaimed Inheritance Under Federal Law. 03/2023

Trust Language Doomed Estate's Deduction for Transfer of CRAT Interest to Charity. 04/2023

IRS FAQs Address Medical Expenses Related to Nutrition, Wellness, and General Health. 04/2023

Change in Treatment of Leased Farmland Was an Improper Accounting Method Change. 04/2023

Court Orders IRS to Refund Excessive Tax Return Preparer Fees. 04/2023

Lawyer's Claimed Deduction for Racing Car Activities Stalls Out in Tax Court. 03/2023

Tax Court Holds That Blog Posts Were Properly Admitted in Innocent Spouse Case. 04/2023

Plan to Avoid Gain on Sale of Company by Donating Shares to Charity Goes Awry. 03/2023

IRS Provides Guidance on Treatment of Nonfungible Tokens as Collectibles. 04/2023

Proposed Regulations Implement the Advanced Manufacturing Investment Credit. 03/2023

Taxpayer Survives Summary Judgment in Conservation Easement Case. 03/2023

Third Circuit Finds Horse Farm with History of Losses Wasn't Operated for Profit. 03/2023

Extension Requests and Other Filings Didn't Constitute an Informal Refund Claim. 03/2023

Chief Counsel's Office: Conservation Easement Promoter's Gain is Ordinary Income. 03/2023

Ninth Circuit: Partnership Did Not File Return by Faxing It to IRS Agent. 03/2023

No Whistleblower Award for Information Leading to the Creation of OVDI Program. 03/2023

IRS Issues Final Regs on Electronic Filing; Lower Thresholds Don't Apply Until 2024. 03/2023

Value of QTIP Trust in Estate Wasn't Reduced by Payment for Undistributed Income. 03/2023

IRS Lengthens Refund Lookback Period for Returns with Covid-Postponed Due Dates. 03/2023

Supreme Court Reins in FBAR Penalties; Rejects IRS's Per-Account Approach. 03/2023

Fourth Circuit Reverses Lower Courts; ACA Penalty Is Entitled to Priority Status in Bankruptcy. 03/2023

IRS Proposes New Voluntary Tip Reporting Program for Service Industry Employers. 03/2023

Divided Tax Court: IRS's Section 482 Income Allocation is Valid; Foreign Legal Restriction .... 02/2023

What to Do About Missing or Incorrect Forms W-2 and Forms 1099. 02/2023

Nonresident Alien May Have Ordinary Income on Sale of Interest in U.S. Partnership. 02/2023

IRS Revises Vehicle Classifications for Purposes of Sec. 30D Clean Vehicle Credit. 02/2023

IRS Advises That 2022 State Relief Payments Should Not Be Reported as Income. 02/2023

Tenth Circuit Agrees Reverses Tax Court; Upholds Civil Fraud Penalty. 02/2023

IRS Issues Annual Vehicle Depreciation and Lease Inclusion Amounts for 2023. 02/2023

Ninth Circuit Affirms Tax Court's Ruling That It Can't Refund a TIPRA Payment. 02/2023

Tax Court Upholds IRS Certification of Taxpayer's Seriously Delinquent Tax Debt. 02/2023

Engineering Firm Entitled to Section 179D Deduction Allocated from Federal Facility. 02/2023

New Procedure Allows Real Estate Developers to Use Optional Safe Harbor Method. 02/2023

Cryptocurrency Deduction Cannot be Valued Using a Cryptocurrency Exchange. 02/2023

IRS Properly Issued Summonses Relating to Monetized Installment Sale Transactions. 02/2023

Tax Court Holds That Despite Losses, Cattle Ranch Was Operated for Profit. 01/2023

Defense Contractor Can't Exclude Employer-Provided Housing from Income. 01/2023

January 31 Deadline Draws Near for Forms W-2, 1099-MISC, and 1099-NEC. 01/2023

CPA Sample Client Letter: Requirement to File Forms 1099-MISC, and 1099-NEC. January 2023

Chief Counsel's Office Says No Section 165 Deduction for Decline in Value of Cryptocurrency. 01/2023

New Mexico Law Doesn't Allow Debtor to Exempt EITC Refunds from Bankruptcy Estate. 01/2023

IRS Delays Implementation of Lower $600 Form 1099-K Reporting Threshold to 2023. 01/2023

IRS Issues Standard Mileage Rates for 2023; Business Use Increases 3 Cents Per Mile. 01/2023

IRS Eliminates Audit Protection for Certain Sec. 174 Accounting Method Changes. 01/2023

IRS Provides Guidance Regarding Clean Vehicle and Commercial Clean Vehicle Credits. 01/2023

In-Depth: CAA 2023 Signed into Law; Overhauls Retirement Plan Tax Rules. 01/2023

Debtors Cannot Hide Funds by Parking Them With the IRS as Estimated Tax Payments. 01/2023

Proposed Regs Identify Syndicated Conservation Easements as Listed Transactions. 01/2023

Final Regs Permanently Extend Deadline for Furnishing Forms 1095-B and 1095-C. 01/2023

IRS Gives Automatic Approval for Accounting Method Changes for Research Expenses. 12/2022

IRS Finalizes Rules on Treatment of Partnership Special Enforcement Matters. 12/2022

MOST POPULAR: Top Tax Developments of 2022. 12/2022

Year-End Spending Bill Includes Retirement Plan, Conservation Easement Changes. 12/2022

Taxes Shown on Belated Tax Filings Don't Qualify for Discharge in Bankruptcy. 12/2022

Ninth Circuit Reverses District Court; Trustee Can't Avoid Tax Lien on Homestead. 12/2022

Tax Court Holds That 90-Day Deadline is Jurisdictional, Not Subject to Equitable Tolling. 12/2022

On Remand from Eighth Circuit, Mayo Clinic Wins $11 Million UBIT Refund. 12/2022

Section 2032A Election on Estate Return Filed Five Years Late Is Valid. 12/2022

IRS Issues Guidance on Prevailing Wage and Apprenticeship Requirements. 12/2022

Ninth Circuit Rejects En Banc Rehearing of Mandatory Repatriation Tax Case. 12/2022

Section 7434 Only Creates a Cause of Action if Information Return is False or Misleading. 12/2022

Trusts Can't Recover Underpayment Interest on $71 Million Deposit Not Used to Pay Tax. 12/2022

Tax Court Invalidates Notice Identifying Conservation Easements as Listed Transactions. 12/2022

Tax Court Rejects Deduction for Poorly Documented NOLs from Restaurant Franchises. 12/2022

IRS Provides Procedure for Certain Large Businesses to File Qualified Amended Returns. 11/2022

Ninth Circuit's Opinion in Seaview Trading Vacated; En Banc Rehearing Ordered. 11/2022

Company Owner's Daughter Is a Responsible Person for Two Payroll Quarters. 11/2022

Ninth Circuit Vacates Tax Court Decision That Denied Litigation Costs to Taxpayer. 11/2022

2023 Contribution Limit for 401(k) Plans Increases to $22,500; IRA Limit Is $6,500. 11/2022

In-Depth Look: 2022 Year-End Tax Planning Guide for BUSINESSES. 11/26/2022

CPA Sample Client Letter: 2022 Year-End Tax Planning for BUSINESSES. 11/26/2022

MOST POPULAR: In-Depth Look: 2022 Year-End Tax Planning Guide for INDIVIDUALS. 11/26/2022

CPA Sample Client Letter: 2022 Year-End Tax Planning for INDIVIDUALS. 11/26/2022

Confirmation of Bankruptcy Plan Doesn't Lift Automatic Stay of Tax Court Proceedings. 11/2022

Accounting Firm Distributed Client-Based Intangibles to Former Partners. 11/2022

IRS Expands Cafeteria Plan Change-in-Status Rules in Connection with Family Glitch Fix. 11/2022

IRS Announces 2023 Inflation Adjustments; Social Security Benefits Up 8.7% for 2023. 11/2022

IRS Finalizes Regs That Fix "Family Glitch" in Premium Tax Credit. 11/2022

Daughter Wasn't Authorized to Represent Deceased Mother in Tax Court. 10/2022

Architecture Firm Can Continue with Refund Suit Against the IRS. 10/2022

Chief Counsel's Office Advises on Application of Codified Economic Substance Doctrine. 10/2022

Transfers of Crops to CRATs Are Not Deductible as Charitable Contributions. 10/2022

Popular: IRS Addresses Confusion over Changes to RMD Rules; Postpones Certain Deadlines. 10/2022

Sole Shareholder Received Constructive Distributions from Fraudulent Transactions. 10/2022

Annual Per-Diem Guidance Issued for 2022-2023. 10/2022

Taxpayer Using Swiss Accounts to Hide Income from Wife & IRS Subject to Civil Fraud Penalty. 10/2022

Donor Does Not Have a "Right" to Decide Where Donor Advised Funds Are Donated. 10/2022

Proposed Regs Address Resolution of Federal Tax Controversies without Litigation. 09/2022

Improperly Forgiven PPP Loans Can't Be Excluded from Income. 09/2022

Court Rejects IRS Motion for Summary Judgment in Conservation Easement Case. 09/2022

Harvard Professor's Conviction for Filing False Tax Returns and FBAR Violations Upheld. 09/2022

Settlement Includable in Income; Agreement Failed to Specify if Personal Injuries Were Physical. 09/2022

Couple Can't Avoid Accuracy-Related Penalties Based on Filing of Amended Returns. 09/2022

Student Debt Relief Plan Could Result in State Income Tax Liability in Some States. 09/2022

Fifth Circuit Reverses District Court in Refund Action involving TEFRA Partnerships. 09/2022

Eleventh Circuit Affirms Tax Court's Disallowance of $78 Million Tax Shelter Loss. 09/2022

Tax Court Rejects Taxpayer's Challenges to Validity of Closing Agreement. 09/2022

Most Popular: Third Circuit Affirms That Executor Can Be Held Liable for Estate Tax Deficiency. 09/2022

Court Nixes IRS Attempt to Change Loan Payment into Sec. 707(c) Guaranteed Payment. 09/2022

Most Popular: IRS Provides Relief for Certain 2019 and 2020 Tax Return Penalties. 09/2022

D.C. Circuit Allows Disclosure of Former President's Tax Returns to Ways and Means Committee. 08/2022

Tax Court Remands Whistleblower Case Without Retaining Jurisdiction. 08/2022

Fifth Circuit Upholds $1.5 Billion Judgment Against Oil and Gas Company. 08/2022

Veteran's Service-Related Pension Was Taxable, Despite a VA Disability Determination. 08/2022

Pursuit of After-Tax Profit Through Use of Tax Credits Is a Legitimate Business Activity. 08/2022

Popular: In-Depth: Key Tax Provisions of the Inflation Reduction Act. (Client Letters Included) 08/2022

CPA Sample Client Letter: Inflation Reduction Act (Individuals). 08/2022

CPA Sample Client Letter: Inflation Reduction Act (Businesses). 08/2022

Refund of Withheld Social Security Income Was Exempt in Bankruptcy. 08/2022

Popular: A Detailed Look: Weekend Vote-a-Rama Ends with Senate Passing Healthcare/Tax/Climate Bill. 08/2022

Support Payments with Child-Related Contingencies Were Not Deductible as Alimony. 08/2022

Third Circuit: Taxpayer's Actions Indicated His Failure to File FBAR Was Willful. 08/2022

Popular: In-Depth: Key Parts of Build Back Better Act Revived as the 2022 Inflation Reduction Act. 08/2022

Criminal Referral of LLC's Agent Didn't Preclude IRS from Issuing Summons to LLC. 07/2022

IRS Can Disclose Return Information to Tax Court in Whistleblower Case. 07/2022

Veteran's Refund Action for Tax Paid on Recouped Separation Pay Was Time-Barred. 07/2022

Fingerprinting Delays of IRS Personnel May Increase Taxpayer Data Exposure, TIGTA Warns. 07/2022

Trust Owner Was Unjustly Enriched by Distributions, Except for Portion Used to Pay Taxes. 07/2022

Assignment-of-Income Doctrine Precludes Taxpayer's Charitable Deduction. 07/2022

IRS Extends Time for Making a Portability Election From Two to Five Years. 07/2022

Tax Lien Filed in County Where Taxpayer Didn't Live Was Not Effective. 07/2022

U.S. Contractor Living in Saudi Arabia Qualified for Foreign Earned Income Exclusion. 07/2022

IRS Lien Attached to Sale Proceeds Paid Directly to Taxpayer's Ex-Wife as Alimony. 07/2022

Sixth Circuit Finds Millionaire Car Salesman Guilty of Tax Evasion. 07/2022

Offer In Compromise Is Considered Rejected When Returned to Taxpayer. 07/2022

Charity's Acknowledgment Letter Failed Substantiation Test; Deduction Denied. 07/2022

Most Popular: Proposed Regs Address Deductions for Interest and Claims Against an Estate. 07/2022

Former CEO Accused of Large-Scale Tax Evasion Found Competent to Stand Trial. 06/2022

Tax Court Rejects Partnership's Attempt to Treat Land Sold at a Loss as Inventory. 06/2022

Mortgage Interest Deduction Denied Due to Uncertain Foreclosure Proceeds Allocation. 06/2022

Popular: IRS Increases Optional Mileage Rates for Last 6 Months of 2022 Due to Higher Fuel Prices. 06/2022

Website Was a Trade or Business When Opened to the Public, Despite Earning No Income. 06/2022

Third Circuit Affirms Penalty for Willfully Failing to Disclose Foreign Bank Accounts. 06/2022

Chief Counsel's Office Advises That Termination Fees Are Capital Losses Under Code Sec 1234A. 06/2022

Court Allows Adversary Proceeding Against Former S Corp Shareholders To Go Forward. 06/2022

Prison Time Increased for Lawyer/CPA Who Used Sophisticated Means to Conceal Crimes. 06/2022

Tenth Circuit Refuses to Void Ruling on Taxpayer's Employment Tax Liability. 06/2022

Missing Document Dooms Taxpayer's Charitable Donation Deduction. 06/2022

Bankruptcy Court Doesn't Buy IRS's Excuses for Attempting to Collect Discharged Debts. 06/2022

IRS Updates FAQs for New Schedules K-2 and K-3. 06/2022

Third Circuit: ACA Shared Responsibility Payment Is a Priority Claim in Bankruptcy. 06/2022

Tenth Circuit Upholds Tax Court; Deals Significant Blow to Microcaptives. 06/2022

Sixth Circuit Addresses Right of First Refusal in Low-Income Housing Credit Dispute. 06/2022

Self-Directed IRA Retains Qualified Status and Is Exempt from Bankruptcy Estate. 06/2022

Inspector General Report: IRS Needs Service-Wide Strategy to Address Electronic Filing ... 06/2022

IRS Allows Tax-Favored Paid Leave Donation Programs for Ukraine Relief Through 2022. 06/2022

Ninth Circuit Reverses Tax Court; FPAA Ran Afoul of Statute of Limitations. 06/2022

GAO Reports 44 Percent Drop in Audit Rates; Biggest Decrease Applies to Wealthiest Taxpayers. 05/2022

Excess Contribution to IRA Precludes Annuity from Being Exempt in Bankruptcy Estate. 05/2022

Chief Counsel's Office Has Authority to Override CCISO Innocent Spouse Determinations. 05/2022

CPA Liable for Taxes and Penalties for Defrauding Investors and Lenders. 05/2022

U.S. Official Can't Deduct Losses from Sales of Properties Purchased Using Ill-Gotten Funds. 05/2022

Popular: Eighth Circuit Affirms Tax Court; Payments to Shareholders Were Disguised Dividends. 05/2022

Popular: Proposed Regs Address TCJA Increase to Basic Exclusion Amount for Estate and Gift Tax. 05/2022

Most Popular: Failure to Spend 750 Hours on Rental Real Estate Activities Kills Deduction. 04/2022

Tax Court Can Review IRS Voluntary Classification Settlement Program Determinations. 04/2022

Airline Tickets Given to Adult Relatives Must Be Included in Couple's Income. 04/2022

Reversing Lower Courts, Supreme Court Holds Puerto Rico Residents Ineligible for SSI. 04/2022

Supreme Court: 30-Day Deadline for Tax Court Petitions in CDP Cases Isn't Jurisdictional. 04/2022

Popular: Company Liable for Back Taxes and Penalties for Misclassifying Nurses as Contractors. 04/2022

Corporate Officer Can't Avoid Employee Classification for Employment Tax Purposes. 04/2022

No Monetary Relief Available for Taxpayer Who Received Bad Tax Advice from Employer. 04/2022

Tax Court Questions Whether Sale of Residence Was Due to Wife's Health Problems. 04/2022

Taxpayer Beats IRS in Controversy Involving Payments to Continuing Care Community. 04/2022

Proposed Regs Would Amend Premium Tax Credit to Fix "Family Glitch" in Affordable Care Act. 04/2022

Fees Charged by Securities Exchange Were Not Domestic Production Gross Receipts. 04/2022

Most Popular: IRS Fact Sheet Discusses Crowdfunding Tax Treatment and Recordkeeping. 04/2022

Informal Discussion of Penalties Didn't Trigger Supervisor Approval Requirement. 04/2022

IRS Provides Penalty Relief for Estimated Tax Underpayments to Farmers and Fishermen. 04/2022

U.S. Shareholder's Treatment of CFC Stock Must Match CFC's Apportionment Method. 04/2022

Annual Vehicle Depreciation and Lease Inclusion Amounts Reflect Jump in Inflation. 04/2022

Ninth Circuit Reverses Tax Court; Agrees with IRS's Position on Penalty Approval. 04/2022

Most Popular: IRS Issues New Tax Basis Form for S Corporation Shareholders. 04/2022

IRS's Claim for Employer Shared Responsibility Payment Has Priority In Bankruptcy. 03/2022

Sixth Circuit Reverses Lower Court; IRS Violated Administrative Procedure Act in Issuing Notice .... 03/2022

Company's Payments for Coding Class Tuition Were Not Deductible Business Expenses. 03/2022

Summary Judgment Denied in $9 Million FBAR Penalty Case. 03/2022

Tax Court Reduces IRS Cuts to Compensation Deduction for CEO. 03/2022

Taxpayer's Offer Letter to IRS Doomed Later Attempt to Recover Litigation Costs. 03/2022

Circuits Split on Validity of Conservation Easement "Proceeds" Regulation. 03/2022

Litigator Who Specialized in Tax Fraud Cases Is Liable for Tax Fraud Penalty. 03/2022

Taxpayer Could Not Recover Litigation Costs Where IRS Promptly Conceded the Case. 03/2022

Proceeds from Sale of Basketball Team Are Not Reduced by Unpaid Deferred Comp. 03/2022

Traveling Steamfitter Properly Deducted Expenses While Away from Home. 03/2022

Noncustodial Parent Qualified for Dependency Exemption Based on State Court Order. 03/2022

IRS Won't Follow Court Ruling on Limitations Period for Backup-Withholding Assessments. 03/2022

IRS Loses Big on Split-Dollar Life Insurance Estate Tax Case. 03/2022

Popular: IRS Issues Proposed Regs on Required Minimum Distributions from Retirement Plans. 03/2022

Conviction of Manufacturing VP for Failing to Remit Payroll Taxes Upheld. 03/2022

Tax Court Can't Consider Refund Claim When IRS Collection Action No Longer Exists. 03/2022

Most Popular: Supreme Court's Boyle Decision Applies to E-Filed Returns. 02/2022

Constructive Distribution to Foreign Sub Results in Gain Recognition Under Sec. 367. 02/2022

IRS Makes Significant Revisions to Automatic Accounting Method Change Procedure. 02/2022

Most Popular: Updated IRS FAQs Explain How to Claim 2021 Recovery Rebate Credits. 02/2022

State Law Gives IRS Priority Over Inheritors' Interest in Wrongful Levy Case. 02/2022

Former IRS Attorney Loses Appeal in Tax Evasion Case. 02/2022

Eleventh Circuit Remands Case to Recalculate Taxpayer's FBAR Penalties. 02/2022

IRS Revises Guidance on Determining Substantially Equal Periodic Payments. 02/2022

Property Leasing Website Is a Brokerage Service for Purposes of Sec. 1202. 02/2022

IRS Provides Procedures for 2021 Non-filers to Access Tax Benefits. 02/2022

Taxpayers Made Valid Informal Refund Claim, Despite Using Wrong Form. 02/2022

D.C. Circuit Reverses Two Tax Court Rulings on Jurisdiction in Whistleblower Cases. 01/2022

Most Popular: ER Doc Cannot Deduct Condo Costs as Office Expense. 01/2022

Lower Reporting Thresholds Apply to Third Party Network Payments Beginning in 2022. 01/2022

Most Popular: How to Handle Missing Forms W-2 and Forms 1099. 01/2022

Unsigned Refund Claims Were Not "Duly Filed" and Thus Were Invalid. 01/2022

Wealthy Doctor Who Lied and Hid Assets Can't Get Tax Debts Discharged. 01/2022

Court Agrees with $8.46 Million Penalty on Promoter of Time-Share Donation Scheme. 01/2022

Losses Incurred in Couple's Miniature Donkey Breeding Activity Are Deductible. 01/2022

Court Stays Ruling Allowing Disclosure of Trump's Tax Returns Pending Appeal. 01/2022

Eleventh Circuit Invalidates Extinguishment Proceeds Regulation. 01/2022

Providing Substantial Services Turns Rental Income into Self-Employment Income. 01/2022

Most Popular: January 31 Deadline Is Fast Approaching for Forms W-2 and 1099. 01/2022

CPA Sample Client Letter: Requirement to File Forms 1099. 01/2022

Debtor Cannot Proceed Under Bankruptcy Subchapter V. 01/2022

Pending Refund Action Barred Tax Court from Hearing Innocent Spouse Claim. 01/2022

Business, Medical, and Moving Standard Mileage Rates Increase for 2022. 01/2022

Tax Court Rejects Taxpayer's Claim for Relief Under Section 66(c) on S Corp Income. 12/2021

Failure to Stick to Business Plan Dooms Taxpayer's Business Expense Deductions. 12/2021

IRS Issues Automatic Change Procedures to Comply with Small Business Accounting Regs. 12/2021

Most Popular: Top 12 Tax Developments of 2021. 12/2021

Proposed Regs Permanently Extend Form 1095 Deadline, Eliminate Transitional Relief. 12/2021

Employer's Inclusion of Reimbursed Expenses on Form 1099 Was Not Fraudulent. 12/2021

Fifth Circuit Weighs In on FBAR Penalty Issue; Finds Taxpayer Liable for Higher Penalty. 12/2021

IRS Provides Guidance on Retroactive Termination of Employee Retention Credit. 12/2021

Court Denies Estate's Deduction for Charitable Contribution of Farm Sale Proceeds. 12/2021

100-Percent Meal Deduction Applies to 2021 and 2022 Per Diem Rate or Allowance. 12/2021

IRS Issues Inflation-Adjusted Amounts for 2022. 12/2021

Physical Possession of Coins Owned by Self-Directed IRA Was a Taxable Distribution. 12/2021

IRS Explains Treatment of Tax Items Affected by Paycheck Protection Program Loans. 11/2021

Build Back Better Bill Passes by Slim Margin in House; Faces Hurdle in Senate. 11/29/2021

Tax Court's Jurisdiction Over Whistleblower Appeals Survives Whistleblower's Death. 11/2021

CPA's Advice Did Not Provide Reasonable Cause for Late Returns and Tax Payments. 11/2021

Supervisory Approval Issue Must be Raised during Partnership-Level Proceedings. 11/2021

IRS Releases Retirement-Related COLAs; 401(k) Contribution Limit Increases to $20,500. 11/2021

In-Depth Look: 2021 Year-End Tax Planning Guide for BUSINESSES. 11/10/2021

CPA Sample Client Letter: Year-End Tax Planning for BUSINESSES. 11/10/2021

House Sends $1T Infrastructure Package to Biden; Build Back Better Bill on Hold. 11/2021

CPA Sample Client Letter: Infrastructure Investment and Jobs Act - General Explanation. 11/2021

Debtor Must Pay Over Tax Refund Under Almost-Complete Bankruptcy Plan. 11/2021

Social Security Administration Announces a 5.9 Percent COLA. 11/2021

Business Owner's Tax Background Supported Imposition of Fraud Penalty. 11/2021

Claim of Right Doctrine Doesn't Apply to Trustee's Voluntary Repurchase of Stock. 11/2021

In-Depth Look: 2021 Year-End Tax Planning Guide for INDIVIDUALS. 11/01/2021

CPA Sample Client Letter: Year-End Tax Planning for INDIVIDUALS. 11/01/2021

IRS Provides Standards for LLCs to be Recognized as Tax Exempt Under Sec. 501(c)(3). 10/2021

Court Denies Refund Claim Because Taxpayer Missed Deadline for Changing Filing Status. 10/2021

IRS Can't Assess Underpayment Interest Where Overpayment Credits Exceed Deficiency. 10/2021

Court Rejects Government Attempt to Value Gifts Using Estate Tax Rules. 10/2021

Tax Court Allows Alimony Deduction for Health Insurance Purchased with Pre-Tax Earnings. 10/2021

Second Circuit Shoots Down States' Constitutional Challenges to SALT Deduction Cap. 10/2021

Taxpayer Avoids Penalty for Deducting Litigation Fees Involving Ex-Wife. 10/2021

Court Enjoins Enforcement of IRS Reporting Rules for Micro-captive Transactions. 10/2021

IRS Extends Replacement Period under Section 1033 for Certain Livestock Sales. 10/2021

Value of Taxable Estate Includes Insurance Proceeds Used to Redeem Shares. 10/2021

CPA's Notation About Client's Foreign Earnings Is Admissible in Client's Trial. 10/2021

IRS Issues Regs on Recapturing Excess COVID Employment Tax Credits in 2021. 09/2021

Close Vote Expected on Bipartisan Infrastructure Bill. 09/2021

Eleventh Circuit Upholds Conviction for Elaborate Scheme to Avoid Paying Taxes. 09/2021

Knowledge of Husband's Tax Scheme Dooms Wife's Innocent Spouse Relief Claim. 09/2021

IRS Issues 2021-2022 Special Per Diem Rates. 09/2021

Tax Court Holds That Retiree's Acting Career Was a Trade or Business. 09/2021

Levy Release for Economic Hardship Doesn't Apply to Corporations. 09/2021

SBA Implements Major Changes to COVID Economic Injury Disaster Loan Program. 09/2021

IRS Issues 2021 Reporting Guidance for Covid-Related Qualified Leave Wages. 09/2021

Deduction for Costs Incurred in Searching for New Business Opportunities Disallowed. 09/2021

Whistleblower Award Properly Denied Where Info Didn't Lead to IRS Examination. 09/2021

IRS Error Gives Taxpayer Day in Court on Claim for Innocent Spouse Relief. 09/2021

Defense Contractor Entitled for Foreign Earned Income Exclusion. 09/2021

Seventh Circuit Reverses $9 Million Excise Tax Judgment Against Trucking Company. 09/2021

IRS Defers Applicability Date of Publicly Traded Partnership Withholding Regs. 09/2021

Chief Counsel Addresses Late Payments of Taxes Deferred Under CARES Act. 09/2021

IRS Provides Luxury Auto Depreciation Limits and Lease Inclusion Amounts for 2021. 08/2021

Tax Court's Ruling That Author Underpaid Self-Employment Taxes Affirmed on Appeal. 08/2021

Missing Estate Tax Info Might Provide Reasonable Cause for Late Return. 08/2021

IRS Issues Accounting Method Change Procedure to Comply With Final Sec. 451 Regs. 08/2021

Tax Treaty Doesn't Allow Foreign Tax Credit to Offset Net Investment Income Tax. 08/2021

Gross Receipts Safe Harbor Will Help Employers Qualify for Employee Retention Credit. 08/2021

Employee Retention Credit Does Not Apply to Wages of Owner and Family. 08/2021

Tenth Circuit Rejects Constitutional Challenge to Passport Revocation for Tax Debts. 08/2021

Partnership Fails in Attempt to Deduct Loss With Related Party. 08/2021

IRS Provides Additional Guidance on Temporary COBRA Premium Assistance. 08/2021

Premature Estate Distributions May Result in Executor Being Liable for Estate's Taxes. 08/2021

Whistleblower Office Intentionally Deceived Whistleblower and Didn't Follow Regs. 08/2021

Proposed Regulations Implement New Rules for Electronic Return Filing. 08/2021

SBA Substantially Improves PPP Loan Forgiveness Process for Loans of $150,000 or Less. 08/2021

Fifth Circuit Asks State Court to Decide Property Interest in Wrongful Levy Case. 07/2021

Taxpayer's Claim for Refund Survives Government's Motion to Dismiss for Lack of Specificity. 07/2021

Incarceration and Embezzlement Weren't Reasonable Cause for Late Filed Tax Returns. 07/2021

Taxpayer Awarded Costs After Court Finds IRS's Positions on Basis and Method of Accounting ... 07/2021

Pastor Who Failed to File Form 4361 Was Not Exempt from Self-Employment Tax. 07/2021

Married Taxpayers Who Received Separate Notices May File Joint Tax Court Petition. 07/2021

Eleventh Circuit Affirms Tax Court's Denial of Deduction for Conservation Easement. 07/2021

Eighth Circuit: Ex Parte IRS Communications Didn't Warrant New CDP Hearing. 07/2021

Chief Counsel's Office: Abusive Tax Shelter Penalties Aren't Limited to Initial Promotion. 07/2021

Tax Court Addresses Basis Reduction Rules When Investment Property Debt Is Discharged. 07/2021

IRS Provides 2021 Penalty Relief for New Schedules K-2 and K-3. 07/2021

Supreme Court Reverses Ninth Circuit; Rejects California's Donor Disclosure Law. 07/2021

IRS Provides Special Election Procedures for Taxpayers with Farming Loss NOLs. 07/2021

Eleventh Circuit Affirms 90-Month Prison Sentence for Former Tax Return Preparer. 07/2021

Final Regs on Postponement of Disaster Deadlines Address Sec. 7508A(d) Ambiguities. 07/2021

Taxpayers Can't Deduct Business Expenses While Still in Startup Phase. 07/2021

Court Finds CPA Should Have Known Better Regarding FBAR Reporting Obligations. 06/2021

Supreme Court Again Upholds Constitutionality of Affordable Care Act. 06/2021

IRS Explains How to Change Depreciation Method to Comply with Recent Law Change. 06/2021

IRS Guidance Allows Partnerships to Apply 30-Year Recovery Period to Rental Property. 06/2021

Fifth Circuit Affirms Tax Court's Ruling That MoneyGram Is Not a Bank. 06/2021

Manufacturer's Minimum Rebate Guarantee Is Not Deductible in Year Made. 06/2021

S Corporation Owner Not Entitled to Theft Loss Deduction for Embezzlement Loss. 06/2021

Tax Court Upholds Validity of Marriage for Purposes of Estate Tax Marital Deduction. 06/2021

Tax Court Erred by Invoking Substance-Over-Form to Reverse Congressional Judgment. 06/2021

Chief Counsel Addresses Overpayment Interest Start Date When Filing Status Changes. 06/2021

White House Releases Tax Proposals as Part of Fiscal Year 2022 Budget Plan. 06/2021

Eighth Circuit Partially Upholds Regulation Defining Educational Organizations. 06/2021

Taxpayer With No Gross Receipts Can't Recover Cost of Goods Sold. 05/2021

Purchase of U.S. Residential Property from a Foreign Entity Causes Withholding Tax Headaches... 06/2021

Supreme Court Allows Challenge to Micro-Captive Insurance Transaction Reporting Requirements... 05/2021

New Procedures Allow Taxpayers Who Don't File 2020 Returns to Access Tax Benefits. 05/2021

IRS Guidance Provides Details on Temporary COBRA Premium Assistance. 05/2021

IRS Issues 2022 Inflation Adjusted Amounts for Health-Related Arrangements. 05/2021

Estate of Michael Jackson Wins Favorable Ruling in Valuation Dispute with IRS. 05/2021

Eleventh Circuit Upholds Denial of Entertainment Company Founder's $19 Million NOL Deduction. 05/2021

Taxpayers' Bad Investment Didn't Give Rise to Theft Loss Deduction. 05/2021

Circuits Split on Jurisdiction Over Claims for Overpayment Interest. 05/2021

Net Investment Income Tax Applies to Dividends Received by Majority Shareholder. 05/2021

IRS Addresses Dependent Care Benefits Under Extended Claims or Carryover Period. 05/2021

Court Upholds Third-Party Summons on Cannabis Dispensary's Software Vendor. 05/2021

Judge's Lavish Spending Precluded Discharge of Taxes in Bankruptcy. 05/2021

Court Upholds $3 Million Penalty for Willful Failure to Report Foreign Bank Account. 05/2021

CPA's Signature on Client's Refund Claim Doesn't Pass Muster; No Refund Allowed. 05/2021

Ninth Circuit Upholds Denial of Cannabis Dispensary's Claimed Exclusions. 05/2021

IRS Won't Follow Tax Court's Ruling in Insolvency Exception Case. 04/2021

Drug Manufacturer Must Capitalize Certain Legal Expenses Incurred in Obtaining Patents. 04/2021

Certain 2020 PPP-Related Expenses Are Deductible in 2021; Amended Returns Not Required. 04/2021

Substantial Discretionary Spending Didn't Preclude Discharge of Taxes in Bankruptcy. 04/2021

Taxpayer Can't Recoup Damages for Coin Collection Seized During Search of Her Home. 04/2021

Tax Court Rejects Constitutional Challenge to IRS Certification of Delinquent Tax Debts. 04/2021

Clothing Company's Design Process Doesn't Qualify for Research Credits. 04/2021

IRS Suspends Repayment of Excess Advance Payments of the 2020 Premium Tax Credit. 04/2021

Tax Court Holds That Split-Dollar Insurance Benefits Are Guaranteed Payments. 04/2021

IRS Provides Guidance on Temporary 100-Percent Deduction for Business Meal Expenses. 04/2021

IRS Clarifies Rules for 2021 Employee Retention Tax Credit. 04/2021

Second Circuit Upholds Lump Sum Garnishment Order as Restitution for Tax Crimes. 04/2021

D.C. Circuit Affirms Tax Court's Ruling That Investment Partnership Was a Sham. 04/2021

Court Upholds Constitutionality of Passport Revocations for Delinquent Tax Debts. 04/2021

TCJA Change to Gambling Loss Limit Applies Only to Individuals. 04/2021

Amounts Paid for Certain Personal Protective Equipment Treated as Medical Expenses. 04/2021

Ninth Circuit: Late FBAR Penalty Applies Per Filing, Not Per Account. 04/2021

SBA Updates PPP Guidance for Changes Made by Recent Legislation. 04/2021

Most Popular: IRS Postpones Multiple Tax Filing and Payment Deadlines. 03/2021

Taxpayers' Closing Agreement on FBAR Penalties Wasn't Entered Under Duress. 03/2021

Payments to Microcaptive Insurance Company by Family Business Aren't Deductible. 03/2021

Faxing a Courtesy Copy of Taxpayer's Return to IRS Doesn't Qualify as a "Filing". 03/2021

Business Owner's Reliance on Competent Bookkeepers Helps Avoid Penalties. 03/2021

Court Holds Certain Purchases Using Credit Card Rewards Are Taxable. 03/2021

SBA Loosens Rules on PPP Loan Amount Calculations and Eligibility Requirements. 03/2021

IRS Provides Updated FAQs and Examples on Employee Retention Credit. 03/2021

In-Depth: The $1.9 Trillion Covid Relief Package is Loaded with Tax Provisions. 03/2020

CPA Sample Client Letter: American Rescue Plan Act. 03/2021

Court Values Estate's LLC Interests; Discounts Apply to Split Donation. 03/2021

Eighth Circuit Reverses Tax Court; Virgin Islands Tax Return Did Not Trigger Statute of Limitations. 03/2021

Bankruptcy Court Allows Debtors to Retain Their Tax Refund for Necessary Expenses. 02/2021

Medical Cannabis Dispensary's Claimed Deductions Go Up In Smoke In Tax Court. 02/2021

Tax Court Allows Taxpayer to Disregard Form of Transaction Under Step Transaction Doctrine. 02/2021

IRS Provides Additional COVID-19 Relief Guidance for Cafeteria Plans. 02/2021

Tax Court Upholds Denial of $5.4 Million Deduction for Conservation Easement. 02/2021

First Circuit Upholds Garnishment Order on Convicted CFO's Retirement Account. 02/2021

Additional Tax on Early IRA Withdrawals Doesn't Require IRS Supervisory Approval. 02/2021

Farming Activity Was Not a Trade or Business; Expenses Must be Capitalized as Start-Up Costs. 02/2021

Tax Court Denies Attorney's Deductions for Lodging and Travel Expenses. 02/2021

IRS Provides Safe Harbor for Eligible Educators to Deduct Unreimbursed PPE Expenses. 02/2021

SBA Issues Interim Final Rule on New Changes to Paycheck Protection Program. 02/2021

IRS Not Required to Separately Assess Transferees for Transferor Liability. 02/2021

Exxon Mobil Avoids $200 Million Penalty for Erroneous Refund Claim. 02/2021

Payments to Shareholders Were Disguised Dividends, Not Deductible Management Fees. 02/2021

Notice Mailed to Address Shared with Other Businesses Started 30-day Filing Deadline. 02/2021

IRS Addresses Calculation of Specified Cooperatives' W-2 Wages Under Sec. 199A. 02/2021

IRS Provides Penalty Relief to Partnerships for Form 1065 Reporting Inaccuracies. 02/2021

IRS Finalizes Regs on TCJA Disallowance of Deduction for Fines and Penalties. 02/2021

SBA Issues Guidance on Re-Opened Paycheck Protection Program. 01/2021

Fourth Circuit Affirms Denial of Charitable Deduction for "Donation" of Home. 01/2021

Third Circuit Holds That IRS Did Not Send Notice to Taxpayer's Last Known Address. 01/2021

IRS Grants Temporary Relief for Employers Using Automobile Lease Valuation Rule. 01/2021

IRS Issues Final Regs on Sec. 163(j) Interest Expense Deduction Limitation. 01/2021

IRS Obsoletes Previous Guidance on Deductibility of PPP Loan Expenses. 01/2021

Most Popular: Top 10 Tax Developments of 2020. 01/2020

February 1 Deadline Looms for Forms W-2 and 1099-MISC, and New Form 1099-NEC. 01/2021

CPA Sample Client Letter: Requirement to File Forms 1099. 01/2021

Taxpayer Serving as "Voice of Organization" Is Liable for Penalties as Nonprofit's Alter Ego. 01/2021

Business, Medical, and Moving Standard Mileage Rates Decrease for 2021. 01/2021

Approaching Deadlines for Forms W-2 and 1099s; What to Do About Missing Forms. 01/2021

Final Sec. 451 Regs Introduce New Methods for Income Inclusion and Cost Offsets. 01/2021

IRS Finalizes Simplified Tax Accounting Regulations for Small Businesses. 01/2021

In-Depth: President Signs $900B Covid Relief Package; Paycheck Protection Program Expanded. 12/2020

Third Circuit Upholds Attorney's Conviction for Failing to Collect and Pay Payroll Taxes. 12/2020

Taxpayer's Conduct in Violating FBAR Rules Was Reckless; Higher Penalties Apply. 12/2020

IRS Finalizes Regulations on Extended Rollover Period for a Qualified Plan Loan Offset. 12/2020

Partnership Tax Insurance Premiums Are Nondeductible. 12/2020

Corporation Was Required to Report Notes Received on Sale of Products as Income. 12/2020

Statute of Limitations Bars Backup-Withholding Assessment Despite Business Owner's Failure to ... 12/2020

IRS Finalizes Transportation and Commuting Expense Regs. 12/2020

IRS Adopts Rules for Exempt Organizations with More Than One Unrelated Business. 12/2020

Coca-Cola's Challenge to IRS Transfer Pricing Adjustments Fizzles Out in Tax Court. 12/2020

Proposed Regs Cover Wide Array of Partnership Special Enforcement Matters. 12/2020

Final Section 1031 Regs Eliminate "Purpose or Use Test" from Real Property Definition. 12/2020

Popular: IRS Confirms Deductibility Rules for Expenses Paid with PPP Funds; Issues Safe Harbor. 12/2020

Doctor Is Subject to Penalties for Failing to Report Employer Welfare Benefit Payments. 11/2020

Ninth Circuit Upholds Tax Court's Adjustments Cement Company's Depletion Deduction. 11/2020

Professional Employer Organization Defeats IRS Appeal in FICA Tip Credit Case. 11/2020

IRS Allows Taxpayers to Choose to Apply Final or Proposed Bonus Depreciation Regs. 11/2020

IRS Announces Approval of SALT Cap Workarounds Using Passthrough Entities. 11/2020

In-Depth Look: 2020 Year-End Tax Planning Guide for INDIVIDUALS. 11/2020

CPA Sample Client Letter: Year-End Tax Planning for INDIVIDUALS. 11/2020

Beneficiary Is Liable for Estate Taxes as a Result of Transfers Received. 11/2020

Eleventh Circuit Reverses Decision Disallowing Conservation Easement Deductions. 11/2020

Tax Prep Software Troubles and Incompetent Employees Don't Negate Penalties. 11/2020

Tax Court: Gambling Losses Were Substantiated Using Statistical Analysis. 11/2020

IRS Releases Retirement-Related COLAs; 401(k) and IRA Contribution Limits Unchanged. 11/2020

IRS Issues Inflation-Adjusted Amounts for 2021. 11/2020

In-Depth Look: 2020 Year-End Tax Planning Guide for BUSINESSES. 11/2020

CPA Sample Client Letter: Year-End Tax Planning for BUSINESSES. 11/2020

Employer Must Withhold and Report Plan Payments to Unclaimed Property Funds. 10/2020

Daily Fantasy Sports Fees Are Amounts Paid for Wagering Transactions. 10/2020

IRS Updates List of Permissible Reasons for 60-day Rollover Waiver; Includes Distributions to a ... 10/2020

IRS Relaxes Withholding Rules on Transfers of Partnership Interests. 10/2020

Tax Court: IRS Can't Assess 40% Penalty After Failing to Get Approval for 20% Penalty. 10/2020

Simplified PPP Loan Forgiveness Form Exempts Certain Borrowers from Reductions. 10/2020

Accountant Who Bungled Couple's Tax Return Couldn't Shift Blame to Their Attorney. 10/2020

IRS Extends Replacement Period under Section 1033 for Certain Livestock Sales. 10/2020

Prison Confinement Doesn't Excuse Failure to File Return or Make Election to Itemize. 10/2020

IRS Finalizes Regs on Withholding on Periodic Retirement and Annuity Payments. 10/2020

ABLE Regs Expand List of Individuals with Signature Authority over ABLE Accounts. 10/2020

Couple Loses Deduction After Failing to Show Hours Spent on Rental Property by Others. 10/2020

IRS Finalizes Income Tax Withholding Regs; Provides Optional Computational Bridge Entries. 10/2020

Most Popular: IRS Finalizes Regs on Deductibility of Entertainment and Food Expenses. 10/2020

IRS Finalizes Regs Clarifying the Definition of Qualifying Relative for Years 2018-2025. 10/2020

Couple's Lavish Spending Prevents Discharge of Taxes in Bankruptcy. 10/2020

Taxpayer Filed a Valid Return, Despite Lack of Identity Protection PIN. 09/2020

IRS Finalizes Eligible Terminated S Corporation Regulations. 09/2020

Taxpayer Who Set up Nonprofit S Corporation Can't Pass Thru Losses. 09/2020

Final Regs Address the Effect of Sections 67(g) and 642(h) on Trusts and Estates. 09/2020

Most Popular: IRS Finalizes Bonus Depreciation Regs; Withdraws Partnership Look-Through Rule. 09/2020

Fraud Conviction Overturned in Connection with Executive's 401(k) Withdrawals. 09/2020

Minister Who Failed to Pay Self-Employment Taxes Can't Collect Social Security or Medicare. 09/2020

Most Popular: Tax Court Disallows Losses from S Corp Transaction Due to Lack of Economic Substance. 09/2020

Most Popular: Tax Court Rejects IRS Recharacterization of Stock Donation to Donor Advised Fund. 09/2020

Eleventh Circuit Reverses Lower Court; Couple Can't Exclude Award from Income. 09/2020

IRS Provides Q&A Guidance on Changes in SECURE Act and Miners Act. 09/2020

IRS Notice on Payroll Tax Deferral Still Leaves Many Questions Unanswered. 09/2020

Most Popular: SBA Loosens Loan Forgiveness Rules for Owner-Employees. 09/2020

Taxpayer Partially Waived Work-Product Immunity by Disclosing Valuation Report to IRS. 09/2020

Court Rejects IRS Attempt to Pierce Tile Contractor's Corporate Veil. 09/2020

Taxpayers Substantially Complied with Requirements for Charitable Donation. 09/2020

On Remand, Court Rejects President Trump's Challenge to Subpoena for His Tax Returns. 08/2020

Seventh Circuit Affirms That Purported Loans Were Not Bona Fide Debt. 08/2020

Debt Cancelled by Former Employer Was Ordinary Income, Not Capital Gain. 08/2020

IRS Proposes Regulations on Extended Rollover Period for a Qualified Plan Loan Offset. 08/2020

Business Groups Indicate That Many Members Will Not Defer Payroll Tax Withholding. 08/2020

Using Property Management Company to Rent Properties Precluded Loss Deductions. 08/2020

State Incentive Grants to Corporation Were Not Nontaxable Contributions to Capital. 08/2020

IRS Issues Proposed Carried Interest Regs; Warns Against Circumventing Rules. 08/2020

IRS Finalizes Regs on Charitable Donations Made in Exchange for Consideration. 08/2020

Court Addresses Priority of Income Taxes Incurred in Year of Bankruptcy. 08/2020

State Incentive Grants to Corporation Were Not Nontaxable Contributions to Capital. 08/2020

Alimony and Payments to Divorce Lawyer Did Not Increase Basis of Marital Property. 08/2020

IRS Issues Final Regs on Business Interest Expense Deduction Limitation. 08/2020

Most Popular: IRS Simplifies Tax Accounting Rules for Small Businesses. 08/2020

President Trump Signs Memorandum on Deferring Payroll Tax Obligations. 08/2020

Bankruptcy Trustee Can Avoid Tax Lien for Benefit of Bankruptcy Estate. 08/2020

Taxpayer Should Not Have Been Precluded from Disputing Trust Fund Recovery Penalty. 08/2020

Eighth Circuit Holds 30-Day Deadline for Filing a Tax Court Petition Is Jurisdictional. 07/2020

IRS Proposes Redesigned Partnership Return for Tax Year 2021. 07/2020

Mansion Was Capital Asset, Not Section 1231 Property, Despite Substantial Renovations. 07/2020

Cancelled Debt Isn't Excludible from Income as Qualified Principal Residence Debt. 07/2020

IRS Issues Final and Proposed Guidance on Recapturing Excess Employment Tax Credits. 07/2020

IRS Provides Luxury Auto Depreciation Limits and Lease Inclusion Amounts for 2020. 07/2020

Non-Willful FBAR Penalties Are Calculated Per FBAR Report, Not Per Financial Account. 07/2020

Supreme Court Keeps Door Open for Congress to Subpoena President's Tax Returns. 07/2020

Supreme Court: President's Tax Returns Are Fair Game for Criminal Subpoenas. 07/2020

Tax Court Holds That Part of Taxpayer's Settlement Award Is Excludable from Income. 07/2020

IRS Issues Guidance on Reporting Qualified Leave Wages Paid Under Families First Act. 07/2020

UPDATE: President Signs Paycheck Protection Program Extension Act; New Deadline Is August 8. 07/2020

CPA Sample Client Letter: Paycheck Protection Program Extension Act. 07/2020

Proposed Regs Address TCJA Changes to Transportation & Commuting Expenses. 07/2020

Sec. 1031 Prop. Regs: Transfer of Incidental Personal Property Doesn't Taint Exchange. 07/2020

Taxpayers Have Until August 31 to Roll 2020 RMDs Back into a Retirement Accounts. 07/2020

IRS Expands Favorable Treatment on COVID-Related Retirement Plan Distributions. 07/2020

Most Popular: SBA Clarifies Loan Forgiveness Limits for Owner Compensation; Releases New EZ Loan Forgiveness Application and Other PPP-Related Guidance. 07/2020

Final 199A Regs Address Suspended Losses Included in Qualified Business Income. 07/2020

Tax Court Petitions Delivered by a FedEx Service Not on the IRS's Formal List Were Untimely. 06/2020

Tax Court Lacked Jurisdiction to Review Disallowed Section 1031 Exchange. 06/2020

Most Popular: SBA Clarifies Loan Forgiveness Limits for Owner Compensation; New EZ Loan Forgiveness ... 06/2020

Tax Court: Transfers to Liquidating Trusts Did Not Result in Deductible Losses. 06/2020

Proposed Regs Clarify the Definition of Qualifying Relative for Years 2018-2025. 06/2020

Proposed Regs Address Deductibility of Certain Medical Care Payments. 06/2020

Uncashed Check from Debtor's 401k Isn't Excludible from Bankruptcy Estate. 06/2020

Tax Court Had Jurisdiction to Review Computational Adjustments in CDP Case. 06/2020

Federal Circuit Reverses Claims Court for a 2nd Time on the Same Case; Couple Can Deduct... 06/2020

Tax Court Upholds Denial of Taxpayer's Qualified Residence Interest Deductions. 06/2020

Most Popular: SBA Eliminates Cliff for Borrowers Using Less Than 60% of PPP Loans for Payroll Costs. 06/2020

IRS Finalizes Rule Ending Donor Reporting Requirement. 06/2020

Most Popular: Payments for Accounting Services Were Wages, Not Self-Employment Income. 06/2020

IRS Delays Deadlines Applicable to Employment Taxes, Employee Benefits, and Exempt Orgs. 06/2020

In-Depth: An In-Depth Look: The Paycheck Protection Program Flexibility Act. 06/06/2020

CPA Sample Client Letter: Paycheck Protection Program Flexibility Act. 06/06/2020

New Guidance Clarifies PPP Loan Forgiveness Criteria and Calculations. 06/2020

IRS Removes Section 385 Documentation Rules, But Keeps Distribution Rules. 05/2020

Tax Court Reversed; Golf Course Doesn't Destroy Validity of Easement Contribution. 05/2020

Tax Court Upholds Denial of Conservation Easement Deduction. 05/2020

IRS Can Offset Chapter 7 Debtor's Overpayment Against Preexisting Tax Liability. 05/2020

IRS Takes Whirlpool to the Cleaners in Case Involving Subpart F Income. 05/2020

Proposed Regs Address Effect of Sections 67(g) and 642(h) on Trusts and Estates. 05/2020

IRS Provides Relief Through Increased Flexibility for Taxpayers in Cafeteria Plans. 05/2020

In-Depth: SBA Releases Complicated PPP Loan Forgiveness Application and Expanded FAQ. 05/21/2020

IRS Provides Temporary Procedures for Faxing Certain Forms 1139 and 1045. 05/2020

Court Disallows IRS Setoff in Farm Bankruptcy, but Can't Order IRS to Issue a Refund. 05/2020

IRS Can't Offset Withheld Taxes Against Bankrupt Farm's Capital Gains Tax Debt. 05/2020

Partnership Interest Was Includible in Gross Estate, Despite Transfer to Trust. 05/2020

Prop Regs Address Calculation of UBTI for Exempt Orgs with Multiple Businesses. 05/2020

Most Popular: No Deduction Allowed for Expenses Relating to Forgiven PPP Loans. 05/2020

Contingency Involving Taxpayer's Child Precludes Alimony from Being Deductible. 04/2020

Alternative Fuel Mixture Credit Did Not Apply to Taxpayer's Mixture of Butane and Gasoline. 04/2020

IRS Extends Time to File Application for Tentative NOL Carryback Adjustment. 04/2020

Most Popular: IRS Expands Filing and Payment Deadlines; Extends Time for Performing Certain Actions. 04/2020

In-Depth: Congress Adds $310 Billion to PPP; Businesses Get a Second Chance ... 04/24/2020

CPA Sample Client Letter: Paycheck Protection Program (PPP) - Additional Funding Available. 04/24/2020

Tax Court Rejects Taxpayer's Arguments for Higher Whistleblower Award. 04/2020

Tenth Circuit Upholds Denial of Insolvency Exclusion for Discharged Debt Income. 04/2020

IRS Issues Procedures for Waiving NOL Carrybacks. 04/2020

Taxpayer's Farm Was Included in Gross Estate, Despite Purported Sale Before Death. 04/2020

Individuals Can File Simplified Return to Claim CARES Act Recovery Rebates. 04/2020

Procedures Issued for Deducting Qualified Improvement Property Depreciation for Prior Years. 04/2020

Eleventh Circuit Upholds Denial of Taxpayer's Travel Expense Deduction. 04/2020

IRS Provides Relief from Penalty for a Failure to Timely Deposit Employment Taxes. 04/2020

No CDP Hearing for Couple Who Had Prior Opportunity to Dispute Tax Liability. 04/2020

In-Depth: A Tax Practitioner's Guide to the Paycheck Protection Program (PPP). 04/08/2020

CPA Sample Client Letter: The CARES ACT - Paycheck Protection Program (PPP). 04/08/2020

In-Depth: A Tax Practitioner's Guide to the CARES Act. 03/31/2020

CPA Sample Client Letter: The CARES ACT - Individual and Business. 03/31/2020

President Signs Families First Act; Senate Passes $2 Trillion CARES Act. 03/27/2020

CPA Sample Client Letter: The Families First Act and The CARES Act. 03/27/2020

Deadline for Income Tax Returns and Payments Postponed to July 15 due to COVID-19. 03/2020

CPA Sample Client Letter: Coronavirus-Related Postponement of Tax Deadlines. 03/2020

Section 7508A(c) Provides Exception to Limitation on Interest on Overpayments. 03/2020

CPA's Serious Illness Did Not Excuse Couple's Failure to File Tax Return on Time. 03/2020

Supreme Court Strikes Down Rule for Allocating Tax Refunds Among Members of Consol... 03/2020

IRS Provides Tax Relief for Certain Foreign Trusts and Steps for Requesting Refunds. 03/2020

Basis and At-Risk Loss Rules Apply in Determining Partner's Self-Employment Tax. 03/2020

Tax Preparer Wins Costs and Fees after Prevailing in Action for Refund of Penalties. 03/2020

Tax Court Rejects Constitutional Challenge to Early IRA Withdrawal Penalties. 03/2020

High-Deductible Health Plans Can Cover Coronavirus Costs. 03/2020

Court Orders Trial on Amount of Income Taxpayer Received in Counterfeit Check Scheme. 03/2020

Retirement Funds Received in Divorce Settlement Were Not Exempt in Bankruptcy. 03/2020

Taxpayer's Extravagant Lifestyle Prevents Tax Debts from Being Discharged. 03/2020

Prop. Regs Address Federal Income Tax Withholding and Redesigned Form W-4. 03/2020

Taxpayer's Guarantees on Loans to Related Businesses Entitled Him to Deduct Losses. 02/2020

IRS Issues Uniform Capitalization Guidance for Farmers. 02/2020

Proposed Regs Address Deductibility of Entertainment and Food or Beverage Expenses. 02/2020

District Court Properly Denied Tax Protester's Request for Competency Hearing. 02/2020

Conservation Easement Deduction Fails Due to Donor's Retained Development Rights. 02/2020

Statute Began to Run on Date Returns Were Filed, Not on Date Taxpayer Lied to IRS. 02/2020

Requests for Tax-Exempt Status Must Now Be Filed Electronically. 02/2020

Most Popular: What to Do About Missing Forms W-2 and Forms 1099. 02/2020

Certain Payments to Acquire Auto and Equipment Leases Must be Capitalized. 02/2020

Final Regs Increase Maximum Value for Personal Use of Employer-Provided Vehicles. 02/2020

Trust Fund Recovery Penalties Are Subject to Written Supervisory Approval Requirement. 02/2020

Former Congressman's Conviction for Filing False Tax Return Affirmed. 02/2020

Supervisory Approval Required for Listed Transaction Penalty. 02/2020

Late Filing Penalty Did Not Apply Where Estate Tax Was Paid Before Extended Due Date. 02/2020

Medication-Induced Compulsive Gambling Is Not a Disability Excusing Penalty on ... 02/2020

IRS Provides Additional Debt Relief for Certain Student Loan Borrowers. 01/2020

Most Popular: Office of Chief Counsel: Relief for Failing to Timely File a Partnership Return Has Not Become .... 01/2020

IRS Did Not Formally Communicate a Penalty Determination Before Issuing a Notice of Deficiency. 01/2020

Tax Court Addresses Burden of Production in Penalty Supervisory Approval Cases. 01/2020

Donors of Items Salvaged from Deconstructed Home Failed to Substantiate Donations. 01/2020

Executor Who Transferred Estate Assets Held Personally Liable for Unpaid Estate Taxes. 01/2020

Most Popular: IRS Supervisory Approval Required Before First Formal Communication of Penalties. 01/2020

S Corporation ESOP Did Not Qualify Due to Operational and Form Failures. 01/2020

Foreign LLC's Income Is Not Exempt from U.S. Tax under U.K. - U.S. Treaty. 01/2020

District Court Allows Lawsuit Challenging IRS Rulemaking Procedure to Go Forward. 01/2020

Third Circuit Upholds Tax Evasion Convictions, but Reverses Restitution Judgment. 01/2020

Russian Citizen's Wages Are Exempt from U.S. Tax under U.S. - Russia Treaty. 01/2020

Taxpayer Improperly Used Installment Method to Report Mobile Home Sales. 01/2020

Final Regs Address Foreign Withholding Rules. 01/2020

Business, Medical, and Moving Standard Mileage Rates Decrease for 2020. 01/2020

Fifth Circuit Affirms ACA Individual Mandate Is Unconstitutional; Severability Question Remains. 01/2020

Most Popular: Top Tax Developments of 2019. 01/2020

Most Popular: IRS Finalizes Foreign Tax Credit and Other Foreign-Related Regulations. 01/2020

Final Section 355(e) Regs Apply to Synthetic Spin-offs. 01/2020

MoneyGram Can't Take an Ordinary Loss on Worthless Securities. 01/2020

Employers' Cash Reimbursements for Malfunctioning Transit Cards Are Taxable Income. 01/2020

Tax Court Upholds Worthless Security Deduction in Year Company Began Winding Down. 01/2020

Proposed Regs Clarify Rules on Charitable Donations and State Tax Considerations. 01/2020


MOST POPULAR      ARCHIVED ARTICLES 2018-2019      TAX RESEARCH BRIEFS

Parker Tax Pro Library - An Affordable Professional Tax Research Solution. www.parkertaxpublishing.com


Professional tax research

We hope you find our professional tax research articles comprehensive and informative. Parker Tax Pro Library gives you unlimited online access all of our past Biweekly Tax Bulletins, 22 volumes of expert analysis, 250 Client Letters, Bob Jennings Practice Aids, time saving election statements and our comprehensive, fully updated primary source library.

Parker Tax Research

Try Our Easy, Powerful Search Engine

A Professional Tax Research Solution that gives you instant access to 22 volumes of expert analysis and 185,000 authoritative source documents. But having access won’t help if you can’t quickly and easily find the materials that answer your questions. That’s where Parker’s search engine – and it’s uncanny knack for finding the right documents – comes into play

Things that take half a dozen steps in other products take two steps in ours. Search results come up instantly and browsing them is a cinch. So is linking from Parker’s analysis to practice aids and cited primary source documents. Parker’s powerful, user-friendly search engine ensures that you quickly find what you need every time you visit Our Tax Research Library.

Parker Tax Research Library

Dear Tax Professional,

My name is James Levey, and a few years back I founded a company named Kleinrock Publishing. I started Kleinrock out of frustration with the prohibitively high prices and difficult search engines of BNA, CCH, and RIA tax research products ... kind of reminiscent of the situation practitioners face today.

Now that Kleinrock has disappeared into CCH, prices are soaring again and ease-of-use has fallen by the wayside. The needs of smaller firms and sole practitioners are simply not being met.

To address the problem, I’ve partnered with a group of highly talented tax writers to create Parker Tax Publishing ... a company dedicated to the idea that comprehensive, authoritative tax information service can be both easy-to-use and highly affordable.

Our product, the Parker Tax Pro Library, is breathtaking in its scope. Check out the contents listing to the left to get a sense of all the valuable material you'll have access to when you subscribe.

Or better yet, take a minute to sign yourself up for a free trial, so you can experience first-hand just how easy it is to get results with the Pro Library!

Sincerely,

James Levey

Parker Tax Pro Library - An Affordable Professional Tax Research Solution. www.parkertaxpublishing.com

    ®2012-2024 Parker Tax Publishing. Use of content subject to Website Terms and Conditions.

IRS Codes and Regs
Tax Court Cases IRS guidance