Current Articles

• A Simple Regulatory Fix For The Problem Of US Citizenship Taxation
  By John Richardson
  https://twitter.com/ExpatriationLaw/status/1354376306172030977 Background In 2016 I first made the suggestion that citizenship-based taxation could be changed through Treasury regulation. In October […]
• Freeman Law: The Tax Court In Brief
  By Jason Freeman
  The Week of February 22 – February 26, 2021 Llanos v. Commissioner | February 22, 2021 | Kerrigan, K. | Dkt. No. 8424-19L  Opinion Short Summary:  IRS assessed § 6702 penalties against petitioner for […]
• IRS Publication 946, How To Depreciate Property
  By IRS
  Depreciation: What’s New For 2020 Section 179 deduction dollar limits. For tax years beginning in 2020, the maximum section 179 expense deduction is $1,040,000 ($1,075,000 for qualified […]
• IRS Form 8300: Understand How To Report Large Cash Transactions
  By IRS
  Although many cash transactions are legitimate, the government can often trace illegal activities through payments reported on complete, accurate Forms 8300, Report of Cash Payments Over $10,000 […]
• Arizona: Determining Transaction Privilege/Use Tax Nexus
  By TaxConnections Admin
  Although commonly referred to as a sales tax, the Arizona transaction privilege tax (TPT) is actually a tax on a vendor for the privilege of doing business in the state. It is measured by the value […]