11/16/2009 12:24:16 PM EST Corporations originally filed separate state tax returns. After a ruling that related corporations could file a combined tax return under the unitary business concept, the corporations substituted combined returns. Because they owed less tax under this ... Create an account or login to post comments. | Comments (0)
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11/9/2009 2:08:42 PM EST Tax Law Case summary emails delivered directly to you on a daily basis. You select the Topics and Jurisdictions relevant to your practice or interests and we'll send comprehe ... Create an account or login to post comments. | Comments (0)
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10/28/2009 5:23:39 PM EST Significantly different values of 30-year old retail properties were derived by county and taxpayer appraisers, whose reliance on the income approach to valuation was primary and exclusive, respectively. Of primary importance was the apprais ... Create an account or login to post comments. | Comments (0)
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10/5/2009 2:32:45 PM EST An Individual Retirement Account (IRA) is not authorized to hold S Corporation stock. IRAs are not included in the listing of qualified S Corporation owners enunciated in IRC Section 136 ... Create an account or login to post comments. | Comments (0)
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9/21/2009 3:00:49 PM EST The Ohio Grocers Association challenged the application of Ohio’s Commercial Activity Tax (CAT). The taxpayer cast the CAT as an excise tax on the sale or purchase of food, at whol ... Create an account or login to post comments. | Comments (0)
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9/4/2009 1:34:10 PM EST Denial of the IRS's 26 U.S.C.S. § 7604(a) petition on the ground that the papers were protected by the work product privilege was vacated since the privilege was aimed at protecting work done for litigation, not in pr ... Create an account or login to post comments. | Comments (0)
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8/27/2009 5:08:34 PM EST Download a free copy of the Respondent's Brief in ... Create an account or login to post comments. | Comments (0)
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7/8/2009 8:23:23 AM EST In a suit filed under 26 U.S.C.S. § 6226 by two investment fund partnerships seeking a readjustment of partnership items, a complex series of loan transactions were properly disregarded f ... Create an account or login to post comments. | Comments (0)
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7/9/2009 12:18:22 PM EST Plaintiffs owned interests in L.L.P.s, L.L.C.s, and tenancies in common. On cross-motions for partial summary judgment, the parties request a ruling as to whether plaintiffs&rsqu ... Create an account or login to post comments. | Comments (0)
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7/8/2009 8:26:35 AM EST Tax practitioner-client privilege under 26 U.S.C.S. § 7525(a)(1) did not apply to documents sought by the IRS that contained financial data, tax liability estimates, and other accounting ... Create an account or login to post comments. | Comments (0)
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7/8/2009 8:25:53 AM EST Judgment in favor of taxpayers was affirmed because although the U.S. Supreme Court in Colony, Inc. v. Comm'r, interpreted a 1939 version of the tax code, it's holding was still controlling be ... Create an account or login to post comments. | Comments (0)
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