by Dan Smith | Jun 28, 2011 | Entrepreneurs' Business Blog
On June 27, 2011, the U.S. Tax Court filed its decision in the case of Grosjean v. Commissioner, an interesting and educational case involving the issue of deductibility of alimony. The ex-husband taxpayer who alleged that he should have been able to deduct a certain...
by Dan Smith | Jun 16, 2011 | Entrepreneurs' Business Blog
The United States Tax Court issued its opinion in Schneider v. Commissioner today. Although this case deals with the first-time homebuyer credit, which is no longer part of the tax code, the Schneider is still important as an object lesson for taxpayers who are in the...
by Dan Smith | Jun 13, 2011 | Entrepreneurs' Business Blog
This past Saturday, the Wall Street Journal ran a front-page article about a woman had taken approximately 70 cats into her home through a local charitable organization whose mission was to save stray cats. The woman paid thousands of dollars in unreimbursed expenses...
by Dan Smith | Jun 8, 2011 | Entrepreneurs' Business Blog
There are and have been many famous pairings in our society–Abbott and Costello, Laurel and Hardy, Sonny and Cher, bacon and eggs, death and taxes. There are also certain couples that just don’t go quite seem at ease together–oil and water, positive...
by Dan Smith | Jun 7, 2011 | Entrepreneurs' Business Blog
In a U.S. Tax Court case released today, the Tax Court provided a helpful case study in why it might not be advisable for a company’s in-house tax advisor to sign the company’s income tax returns. The facts in Seven W. Enterprises, Inc. v. Commissioner of...
