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.

Notice 2017-10 is a legislative rule that was improperly issued by the IRS without notice and comment as required under the APA.

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.

Howdy folks, and welcome back to another action-packed edition of the Texas Tax Roundup! Let's see what shocking developments in the realm of Texas tax that the month of August had in store!...

Most of the 50 states (and the District of Columbia) have a specific statutory regime for nonprofit corporations.

Prior to and during 1992, Ewens and Miller, Inc. (Petitioner) manufactured bakery products. Petitioner had multiple categories of workers: bakery workers...

Dr. Jihad Y. Ibrahim ("Ibrahim") and his wife, Cheryl Edington ("Edington") separated in year 2016 and ultimately divorced in 2017.

Taxpayers routinely ask me if they can go to jail for not paying their federal income taxes. Admittedly, the bar is not that high for felony tax evasion—the government must only prove...

Over 15 years of advising nonprofit organizations, I have learned that, sometimes, "good deeds do go punished." This can be especially true when a private foundation,...

In Texas, sales of alcoholic beverages can give rise to two types of taxes: Mixed Beverage Gross Receipts Tax, and Mixed Beverage Sales Tax.

The U.S. employer should first evaluate and consider engaging an employer of record who is active in such services in the country where the U.S. citizen will perform the work.

So, with professional assistance, he requested a Statement of Value (SOV) from the IRS with respect to the sculpture.

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...

In a brief filed on October 19, 2022, the IRS asked the U.S. Supreme Court to refuse to review the decision of the Sixth Circuit affirming, in a 2-1 split decision, that $45 million earned...

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. For a link to our podcast covering the Tax Court...

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.

Can digital asset or cryptocurrency investors that were customers or account holders in a failed cryptocurrency business claim a deduction for their digital asset or cryptocurrency loss?

Audits are nothing new. Taxpayers may find themselves in the unfortunate situation of opening their mailboxes to an IRS examination letter.

Much of the current litigation between taxpayers and the United States has centered on the definition of willfulness or whether the non-willful FBAR penalty should apply...

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.