A recent New York Times article reported that Timothy Mellon, a banking heir, transferred 300 acres of real property to charity. Mellon retained access to certain…
Remedy for Alleged Unfair Consideration by IRS Appeals is Court’s De Novo Review, Not Invalidating the Notice A component of the Taxpayer First Act, enacted in…
In Jagannath v. Commissioner, T.C. Memo. 2026-92, the U.S. Tax Court held that a 501(c)(3) organization’s founder owed more than $1.4 million in excise taxes under…
In Daidone v. Commissioner, T.C. Memo. 2026-98, the Tax Court granted summary judgment and held that a requesting spouse was not entitled to innocent spouse relief…
Previously, we explained two cases, Abdo v. Commissioner, 162 T.C. 148 (2024) and Kwong v. U.S., 179 Fed. Cl. 382 (2025), in which courts interpreted section…
“Disagreeing with the IRS does not, by itself, equate to fraud.” In a recent summary opinion, Janangelo v. Commissioner, T.C. Summ. Op. 2026-8, the U.S. Tax…
Would You Turn Down $26 Million to Save the Family Farm? World Nature Conservation Day was yesterday, July 28. Earlier this month, People.com (the online edition…
The IRS can pursue your family for unpaid employment taxes even after you’re gone. In United States v. Guy, 5-23:cv-500 (E.D.N.C.), the government sued a deceased…
The IRS is replacing its First Time Abate (FTA) program with Automatic Exemption from Penalty (AEP), eliminating the need for many compliant taxpayers to request penalty…
What is the Tax Basis of Artwork Transferred by a Museum to an Artist’s Descendants? Before the Civil War, a slave named Dave was a potter…