Add to ORKGThe long-running saga involving the IRS effort to retake the high ground1 in drawing the line between what is a repair and what must be capitalized2 took an abrupt turn on February 13, 2015, when IRS issued Revenue Procedure 2015-20 which lifted the burden of filing Forms 3115 for most small taxpayers.3 That was welcome news to many practitioners (and taxpayers)
The inadequacies of the lien provision in the family-owned business deduction statute are prompting ...
Earned Income Credit. Legislation to make it clear that gains and losses “from the sale of livestock...
The expense method depreciation annual allowance, which was $25,000 for 2003, has been increased to ...
The sentiment was widespread, when Rev. Proc. 2015-201 was issued on February 15, 2015, that the lon...
The stunning defeat of the Internal Revenue Service in Ingram Industries, Inc. & Subs. v. Commission...
In an unbelievably sneaky fashion, a group of unhappy tax practitioners in late 2015 managed to pull...
The rules as to what is a “repair” and, therefore, is deductible, and what must be capitalized and d...
After aggressively pressing the position that commodity hedges, including short sales, produced capi...
The final repair regulations1 which were similar but not identical to the temporary repair regulatio...
The legislation imposes a 31 percent marginal tax rate above the 15 and 28 percent marginal tax rate...
The Revenue Reconciliation Act of 1993 made major changes in the handling of discharge of indebtedne...
In late 2013, the IRS issued new repair regulations that became effective as of January 1, 2014. Sin...
After the Internal Revenue Service lost in the Tax Court in 1993 on the issue of whether hedges prod...
In 1986, Congress enacted legislation allowing solvent farm debtors to avoid income from the dischar...
In an unexpected surge in agreement in the Congress and the White House, the United States House of ...
The inadequacies of the lien provision in the family-owned business deduction statute are prompting ...
Earned Income Credit. Legislation to make it clear that gains and losses “from the sale of livestock...
The expense method depreciation annual allowance, which was $25,000 for 2003, has been increased to ...
The sentiment was widespread, when Rev. Proc. 2015-201 was issued on February 15, 2015, that the lon...
The stunning defeat of the Internal Revenue Service in Ingram Industries, Inc. & Subs. v. Commission...
In an unbelievably sneaky fashion, a group of unhappy tax practitioners in late 2015 managed to pull...
The rules as to what is a “repair” and, therefore, is deductible, and what must be capitalized and d...
After aggressively pressing the position that commodity hedges, including short sales, produced capi...
The final repair regulations1 which were similar but not identical to the temporary repair regulatio...
The legislation imposes a 31 percent marginal tax rate above the 15 and 28 percent marginal tax rate...
The Revenue Reconciliation Act of 1993 made major changes in the handling of discharge of indebtedne...
In late 2013, the IRS issued new repair regulations that became effective as of January 1, 2014. Sin...
After the Internal Revenue Service lost in the Tax Court in 1993 on the issue of whether hedges prod...
In 1986, Congress enacted legislation allowing solvent farm debtors to avoid income from the dischar...
In an unexpected surge in agreement in the Congress and the White House, the United States House of ...
The inadequacies of the lien provision in the family-owned business deduction statute are prompting ...
Earned Income Credit. Legislation to make it clear that gains and losses “from the sale of livestock...
The expense method depreciation annual allowance, which was $25,000 for 2003, has been increased to ...