Tax Court Leaning Harder On The Little Guys In Hobby Loss Cases
The issue is whether Swanson was taking people out on the fishing boat to make a profit or just for the halibut,
The issue is whether Swanson was taking people out on the fishing boat to make a profit or just for the halibut,
Charles and Kathleen Moore of Washington State view “income” differently. If we care about sustaining an efficient, fair tax code, we should all try to understand why.
The US Supreme Court recently agreed to review the case of Moore v. United States . The question presented sounds dry and technical: “Whether the…
SCOTUS will consider the taxation of unrealized income.
Huge tax and other subsidies for sports facilities are almost never good ideas. But two new, and especially egregious, examples of how public funds can…
House Speaker Kevin McCarthy (R-CA) and President Biden recently agreed to cut back on some of the increased IRS funding enacted through last year’s Inflation…
About one year ago, the US Supreme Court struck down the constitutional right to abortion in Dobbs v. Jackson Women’s Health Organization . Since then,…
Could the government file your taxes for you?
When filing jointly, the first name listed could mean more than you think.
This week on Capitol Hill and beyond.