Howdy folks, and welcome back to another captivating installment of Texas Tax Roundup, where we gab about all things Texas taxes. Nothing court-side this month, just a bunch at the administrative level.

Freeman Law's "The Tax Court in Brief" covers every substantive Tax Court opinion, providing a weekly brief of its decisions in clear, concise prose.

The Texas sales and use tax rules surrounding contractors and other construction-related work are incredibly complex. Additionally, the rules are structured to have broad application...

Amid the crypto boom, mining has become an extremely lucrative venture for many and critical to maintaining decentralized cryptocurrency networks.

The Lipkas filed their tax return for year 2017 and reported income tax liability of $466,076. But, they did not pay that liability.

Experienced entrepreneurs and investors alike understand that equity dilution is a fundamental aspect of investing in corporations.

Over the last 45 days, I have litigated four separate fraudulent transfer adversary proceedings in Bankruptcy Court. Through that experience, I have not only reinforced certain principles, but also clarified others and learned a few things along the way.

Unlike FDAP income, the United States taxes effectively connected income ("ECI") on a net basis.

Freeman Law's "The Tax Court in Brief" covers every substantive Tax Court opinion, providing a weekly brief of its decisions in clear, concise prose.

The recent case of In re Micah Cade McKinney, Case No. 21-50046-rlj-11 (Bankr. N.D. Tex., April 28, 2022)

In November 2003, I was sworn in as a lawyer licensed by the State of Texas.

In the Netflix series, Breaking Bad, character Jesse Pinkman exclaimed, "Yeah, Science!!" as his meth-lab mentor, Walter White, displayed how chemistry can be used to hone their joint venture.

The recent headlines regarding cryptocurrency exchange FTX's collapse, and subsequent bankruptcy filing have put renewed focus on whether customers of a cryptocurrency exchange should hold digital...

Freeman Law's "The Tax Court in Brief" covers every substantive Tax Court opinion, providing a weekly brief of its decisions in clear, concise prose.

On May 17, 2021, the United States Supreme Court handed the IRS a significant loss when it concluded that CIC Services, LLC ("CIC") could continue its lawsuit against the IRS for violations of...

The recent Tax Court decision in Farhy demonstrates that clever and novel arguments can carry the day in complex tax litigation matters. In that case, the taxpayer stipulated...

A federal tax lien, sometimes called a "statutory lien," is the government's legal claim against a taxpayer's property when the taxpayer neglects or fails to pay a tax debt.

In the federal income tax world, there are effectively two functions within the Internal Revenue Service ("IRS"). First, the IRS examines tax years and tax returns to determine whether...

The Texas Legislature enacted four bills that 1) expand the list of cities that can build qualified projects (i.e., hotel and convention center projects subject to certain specifications) under Texas...

Every few months or so seem to bring new revelations of a Ponzi scheme gone bust.