Life and Taxes Blog

It has been a LONG time since I've posted, so here are just a few random things from today's readings: From the TaxProf Blog: The...

Watson v. US (DC IA 5/27/2010) A recent district court case indicates that the courts are siding with the Internal Revenue Service in the...

James C. Bourke, CPA wrote today on the importance of passwords of portable electronics.  In today's world, where Blackberry and iPhone...

Unbelievable story about digital copiers and security.  I hope all tax professionals take note.  ( Hat tip to Jorge R., a client who brought...

Taxpayers' 2004 and 2005 joint Form 1040 were prepared using TurboTax. The wife reported expenses for her real estate business as wel...

Arizona made minor modifications to the private School Tuition Organization Tax Credit. Unfortunately, the legislature ignored gigantic and ...

Aaron was interviewed for a Fox 10 News story on Tax Preparers

Jeane L. Dintelman, v. United States of America, U.S. District Court, E.D. Arkansas, 2010-1 U.S.T.C.  (Jan. 7, 2010) A husband and wife in...

The IRS has issued Tax Tip 2010-13 reminding taxpayers how to obtain transcripts and copies of previously filed tax returns.  A taxpayer ma...

Decided and published yesterday, we have an amazing case (hat tip to Art Larson, E.A.) which deals with the difference between negligence an...

John J. Poltonowicz was convicted on one count of consipiracy to defraud the United States, 12 counts of aiding, assisting, and counseling t...

James & Tiffany Manning, who prevailed in Tax Court, recently sued the IRS to recover the attorney fees necessary for their defense.  Th...

Edward Maule, a Professor of Law at Villanova and author of the blog, "Mauled Again" put together a great blog post for today. Hi...

Arianel Torres and Franz Hurtado entered into a state a marrital bliss in August 1996 which ended with their separation in August 2001 and e...

Thomas Turner falsely represented himself to his customers, stating that he was formerly employed by the IRS, and implying that he understoo...

Click the links to check out the most recent Quarterly Update Newsletter from Alan Blau & Associates, Ltd.! 'Click the Share butto...

I've previously mentioned Lee Eisenburg of Able Financial Group  and how he sends me great e-mails which have interesting information ...

A continuing discussion of the tax law changes for the 2009 Form 1040 Individual Income Tax Return.  Students (or prospective students), mak...

This will be a series of posts concerning how changes in tax laws are affecting the 2009 Form 1040.  Currently 2 pages long, the number of l...

Ivette Munson v. Commissioner., U.S. Tax Court, T.C. Summary Opinion 2009-164, (Oct. 26, 2009) Here we have another business substantiatio...

In a series of twelve Private Letter Rulings (which cannot be cited as precident) the IRS has ruled that the sale of settlement rights recei...

Well, I got through the October 15th deadline, so its time to get back to blogging.  My goal is to have something posted 4 times a week, so ...

A private letter ruling is a request by an indvidual taxpayer to rule on a very specific tax issue before the taxpayer takes action.  The PL...

If you have knowledge about a tax evader, there are rewards for turning them in.  Under the Tax Relief and Health Care Act of 2006, you can ...

The IRS has announced that it will be using random audits uner the National Research Program to analyze the way businesses are paying and re...

Michigan resident, Brian Dimercurio, attempted to de-tax himself by submitting fraudulent statements to his employer, Compuware Corp.  Mr. D...

A former employee who is studying for his masters degree sent me a great case that shows a taxpayer's attempt to escape accuracy related...

A couple, Kenneth & Deborah Hibben were denied a motion to quash the IRS's attempt to examine information held by a third-party book...

On September 24, 2009 Representatives Childers and Kratovil introduced a bill which was referred to the Ways and Means Committee to make cer...

I just thought that I'd share with you all (though I don't know who is out there yet anyway) that I was elected, by the board of dir...