Tax Developments
Tax law is a moving target. Legislative changes, amendments to regulations, updated tax guidance and new court decisions constantly alter the tax landscape. Learn how significant tax developments can affect individual and business taxpayers.
The United States Tax Court Adopts Vinatieri as a Financial Hardship Exception to the IRS Compliance Rules
The United States Tax Court Decision in Vinatieri v. Commissioner of Internal Revenue, 133 T.C. 392 (2009), now seems to stand for a marked departure from prior collection standards. In Vinatieri, a pro se taxpayer filed a petition for review of the IRS settlement...
Mediating With The IRS
Mediation is an efficient Alternative Dispute Resolution (ADR) tool in almost all justiciable controversies from commercial contracts to domestic relations. Unfortunately few tax professionals and even fewer taxpayers know that mediation is available as a tool to...
Litigation Costs in Contingent Fee Contracts — Loans or Business Expenses
By Daniel L. Britt, Jr. , and Christopher Eastwood[1] Risk is endemic to any business enterprise; none, more so, than the risk inherent in plaintiffs’ trial law. Sadly, attorneys who rely upon contingent fees for their income also face risks filing their tax returns....