A district court declined to adopt a magistrate’s report recommending dismissal of a taxpayer’s complaint on the grounds that ...

Some taxpayers may still be able to claim pandemic-era penalties and interest. But eligibility is limited and timing matters.

Forbes contributors publish independent expert analyses and insights. Admitted NY Bar and US Tax Court, covers US international tax law. A recent federal court ruling may let some taxpayers seek ...

We now join the microcaptive case of Patel v. CIR already in progress. The previous episode was related in my article, Another Taxpayer Microcaptive Blowout Loss In Patel (Apr. 6, 2024). This article ...

The Chicago-based 7th U.S. Circuit Court of Appeals on Monday rejected former tax lawyer Paul Daugerdas' latest legal ...

A new court case now allows the IRS to immediately collect $10,000 penalties from U.S. owners of foreign corporations who fail to file Form 5471. For taxpayers with foreign corporations, the IRS just ...

The U.S. Tax Court has been brutal in its treatment of so-called microcaptive insurance companies. These are captive insurance companies which have both made the Internal Revenue Code § 831(b) ...

A court ruled the pandemic a "disaster," making millions eligible for refunds on IRS penalties from 2020-2023. Learn who ...

In this episode of Tax Notes Talk, Damien Martin and Tony Nitti of EY discuss the second three of their top six tax cases of 2025, focusing on what qualifies as a deduction in Savage v. Commissioner, ...

A federal appeals court refused to block the Internal Revenue Service from sharing certain taxpayer information with the Department of Homeland Security for immigration enforcement, handing the Trump ...

In this episode of Tax Notes Talk, Damien Martin and Tony Nitti of EY analyze the first three of their top six tax cases from 2025, focusing on what constitutes income in CF Headquarters Corp. v.

The U.S. Tax Court issued a ruling saying that innovations in livestock production can qualify for the research and development tax credit, establishing new case law in an emerging field. Processing ...