Category: Taxing Lessons From Court Decisions

Decisions — Policing the assets

When is an asset not an asset? Or, more precisely, what is an asset when a specific internal revenue code section doesn’t contain a definition?

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Decisions — Group surgery

A group of unicorns may or may not be called a blessing, but one thing is certain: owners of multiple business activities seldom use that word to describe IRS inquiries into how those activities are grouped.

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Decisions — On the payroll

Paychecks may be proof that an employer has a sense of humor. Unfortunately, the IRS generally doesn’t find payroll amusing.

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Decisions — Phantom regulations


Are you haunted by phantoms? Sometimes courts are too.

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Decisions — Seeds of success


From small seeds come tax deductions for farmers.

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Decisions — All or nothing, or maybe something

Image source: ID 8345807©Krutov Igor Dreamstime Stock Photos

Between all or nothing is something.

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Decisions — The keys to success

Image source: Evan-Amos (Own work) [Public domain], via Wikimedia Commons

Sometimes you no sooner find the keys to success than the locks get changed.

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Decisions — More information please

Image source: Elembis (Own work) [Public domain], via Wikimedia Commons

Confused taxpayers write to senators, representatives, and the white house with questions about tax law, asking whether current or former employers followed tax law properly, or why certain rules seem to promote unfair treatment. The IRS National Office is the final stop for these enquiries.

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Decisions — Exceptional gifting

Image source: Internet Archive Book Images [No restrictions], via Wikimedia Commons

It’s not how much you give that counts, unless of course you’re giving more than the annual gift tax exemption amount.

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Decisions — Can they do that?

Image source: Walter Montgomery [Public domain], via Wikimedia Commons

According to the wisdom of Dr. Seuss, only you can control your future. In the less insightful realm of taxes, wills and trusts attempt to provide a way of controlling the future by authorizing specific actions to be taken after death.

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