Decisions — Information Please

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

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Decisions — The Value of Time

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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.

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Decisions — Raising the (Candy) Bar

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It’s okay to be a tax geek.

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Decisions — Separation Issues

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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).

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Decisions — A Tale of Two Burdens

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

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Decisions — Timing Matters

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

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Decisions — Counting the Cars

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When Mae West said that too much of a good thing can be wonderful, she wasn’t referring to making multiple changes to inventory methods.

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Decisions — Taking Credit

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Section 25A of the current internal revenue code provides two education credits–the American opportunity credit and the lifetime learning credit. When you meet a variety of conditions and limitations, you can claim these credits against your federal income tax liability for qualified tuition and related expenses paid to an eligible education institution.

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Definition — Really Recognized

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Do you realize when you have to recognize income?

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Decisions — Bargaining for a Deduction

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While a bargain may be defined as something you can’t use at a price you can’t resist, in tax law, a bargain sale generally yields something you can use: a charitable deduction.

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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

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