Decisions — Who knew?

Image source: www.wpclipart.com

Education is learning what you didn’t know you didn’t know, according to philosophy professor George Boas. In tax court, learning what you didn’t know may be worth a deduction, even if you didn’t know you could claim one.

Posted in Taxing Lessons From Court Decisions Tagged with:

Decisions — Out of the ordinary

Ordinary

When claiming a casualty loss, the difference between ordinary and extraordinary is more than five letters.

Posted in Taxing Lessons From Court Decisions Tagged with:

Definition — Courtesy Disconnect

Courtesy

On July 15, the national taxpayer advocate, Nina Olson, submitted the fiscal year 2016 objectives report to the House Committee on Ways and Means and the Senate Committee on Finance.

Posted in Taxing Definitions Tagged with:

Decisions — Definitely Indefinite

Image source: Wikimedia commons, public domain

In the English language, an indefinite article refers to people or things in general. In the language of tax law, “indefinite” has a specific meaning within the rules for determining whether a taxpayer is disabled.

Posted in Taxing Definitions Tagged with: , ,

Decisions — Information Please

Image source: kuba; openclipart.org

To file Form 1099 or not to file—that is the question.

Posted in Taxing Lessons From Court Decisions Tagged with:

Decisions — The Value of Time

Image source: LetsgomusicStyle (Own work) [CC BY-SA 3.0 (http://creativecommons.org/licenses/by-sa/3.0)], via Wikimedia Commons

Generally, when you withdraw funds from your retirement account before you reach age 59-1/2, you’ll owe a 10% additional tax on the withdrawal. There are, of course, exceptions.

Posted in Taxing Lessons From Court Decisions Tagged with:

Decisions — Raising the (Candy) Bar

Image source: Free Picture: Chocolate ID: 81838 © Pamela Hodson Dreamstime Stock Photos

It’s okay to be a tax geek.

Posted in Taxing Lessons From Court Decisions Tagged with:

Decisions — Separation Issues

Image source: Free Picture: A Pair Of Padlocks ID: 121547 Ragne Kabanova Dreamstime Stock Photos

When you’re married and file a separate federal income tax return, section 6013 of the internal revenue code says you can change to a joint return later (within certain limitations).

Posted in Taxing Lessons From Court Decisions Tagged with: , , ,

Decisions — A Tale of Two Burdens

Image source: www.wpclipart.com

Does it matter who has the burden of proof in tax court?

Posted in Taxing Lessons From Court Decisions Tagged with: ,

Decisions — Timing Matters

Image source: openclipart.org

The tax code is replete with deadlines and due dates—so many that sometimes even the IRS gets them wrong.

Posted in Taxing Lessons From Court Decisions Tagged with:

How well do you know tax law?

Whether you're a professional preparer or you simply enjoy staying on top of a complex, constantly changing topic, there's always more to learn.

Taxing Lessons can help.

We condense selected US Tax Court cases into interesting, informative summaries. You read a synopsis of the facts, review the provided tax code citations–then answer the question:

What would you decide?

Comparing your answer to the court decision gives you the opportunity to update and enhance your knowledge.

Who knew Taxing Lessons
could be so much fun?

You be the judge.

Taxing Lessons presents US tax court cases in a format that puts you behind the bench.

Get e-mail updates

Like what you're reading? Enter your email address, pick your preferred format, and click "Subscribe." Once you respond to the opt-in message from MailChimp, you'll receive an email once a week with the latest Taxing Lessons posts.

email format

Prior Posts

Useful Tax Law Links

US Tax Code- Cornell University Law School Legal Information Institute. Searchable.

http://uscode.house.gov/ - Office of the Law Revision Counsel. Searchable. Downloadable.

US Tax Court - TC Opinions, Memorandum Opinions, Summary Opinions. Searchable. Downloadable.

Treasury Regulations - Government Printing Office provides the Federal Tax Regulations. Searchable. Downloadable.

Other Official US Tax Guidance - US Internal Revenue Service. Searchable. Downloadable.

Useful Downloads by Taxing Lessons

Foreign Earned Income Exclusion - free PDF - Graphic of Internal Revenue Code Section 911

Questions? Comments? Suggestions?

Contact information here