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Articles and News
IRS COVID-19 People First Initiative
IRS COVID-19 Tax Relief and the People First Initiative
IRS Extends Tax Due Dates
Internal Revenue Service extends due dates for filing and paying
Summary of The Trust Fund Recovery Penalty
Summary and computation of Trust Fund Recovery Penalty
Does Amazon Pay Tax?
Amazon is reported as having paid no federal income tax in 2017 and 2018. Is this true? Does Amazon pay any taxes? Why don’t companies pay income tax?
Coach's IRS Tax Court Win
Coach Saban wins a Tax Court case against the IRS involving a worthless debt on $2 million dollars he had loaned for a real estate construction project.
Is the Internal Revenue Service Going Back to Work?
More than one-half of IRS employees are going back to work at the end of January through the tax filing season.
Internal Revenue Service Standard Mileage Rates
2019 Internal Revenue Service (IRS) Standard Mileage Rates.
Taxation of Alimony
Taxation of alimony under Trump’s tax plan and prior tax law with an analysis of divorce and taxation pursuant to Alabama state law.
Tax Deductions for Business Owners
The 20% deduction for pass-through entity owners and planning strategies.
Tax Reform for Businesses
The recently enacted tax reform bill has made significant changes to the taxation of business. This post summarizes some of the more substantial changes.
Selling Property with Life Estate
Tax treatment upon the sale of property with life estates.
Change in Individual Tax Rates Under Tax Reform Plan
Change in Individual Tax Rates under Trump Tax Reform Law
Subject Matter Jurisdiction in Alabama Divorces
Subject matter jurisdiction in Alabama divorce cases.
IRS Tax on Employer Owned Life Insurance
Employer-owned life insurance policies issued after August 17, 2016 are subject to taxation by the IRS unless they qualify for an exception.