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Recent Tax Court Case And Theft-Loss DeductionsA recent Tax Court case dealt with a familiar topic: Theft losses. I.R.C. section 165 has historically allowed taxpayers to deduct three types of losses: those incurred in a trade or business, those […]
Corporate Tax Executives Handle Transfer Pricing RemotelyIt goes without saying that the COVID-19 pandemic is the major concern of nearly all multinational enterprises (MNEs) at the moment. Radical containment measures continue to be put in place by […]
Where Is My Economic Impact Payment?TaxConnections has received numerous calls from taxpayers wanting to reach out to a tax professional about their economic impact payment. There is a lot of confusion around why so many people have […]
Our Responsibility For The Tax Profession Whose Work Is Outsourced To Other Countries“You need a meaning in life. You need a purpose to sustain you through the challenges and suffering of life. Having a meaning is important; it is not optional and the deeper the meaning the […]
The Tax Court in BriefFreeman Law’s “The Tax Court in Brief” covers every substantive Tax Court opinion, providing a weekly brief of its decisions in clear, concise prose. Plentywood Drug, Inc. | April 26, 2021 | Holmes| […]