Articles and News
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.
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.
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.
Taxes on Using Ebay and Paypal
Sellers who use Ebay and Paypal or other payment processors may receive Form 1099-Ks.
IRS List of Top Taxpayer Scams
The Internal Revenue Service has released its annual list of tax scams. A summary of the list, called the "Dirty Dozen" is provided in this article.
Tax Returns and Health Insurance
The IRS was prepared to require tax filers to indicate on line 61 whether they and their family had health coverage during 2016. If not, taxpayers are subject to a penalty.
IRS Collection Fast Track Mediation
The purpose of the mediation is to resolve disputes in the early stages of the collection process and within 40 days after the mediation application is accepted by the IRS. In order to be accepted into the process, taxpayers must make a good faith effort to resolve matters with the IRS collection officer followed by a conference with the officer's manager. Acceptance into the mediation process does not mean that taxpayers can't pursue other options if mediation doesn't resolve their case.