Recent Blog Posts
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.
More than one-half of IRS employees are going back to work at the end of January through the tax filing season.
IRS Operations during Government Shutdown
New 20% Deduction for Business Income
2019 Internal Revenue Service (IRS) Standard Mileage Rates.
Taxation of alimony under Trump’s tax plan and prior tax law with an analysis of divorce and taxation pursuant to Alabama state law.
The recently enacted tax reform bill has made significant changes to the taxation of business. This post summarizes some of the more substantial changes.
Tax treatment upon the sale of property with life estates.
Summary of Trump's Tax Reform
Change in Individual Tax Rates under Trump Tax Reform Law
Subject matter jurisdiction in Alabama divorce cases.
Employer-owned life insurance policies issued after August 17, 2016 are subject to taxation by the IRS unless they qualify for an exception and meet notice and consent requirements.
IRA ownership of Rental Property
Tax issues with inheriting property
Trump's Tax Plan
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.