tax Archive

Questions About Reviving The Expanded Child Tax Credit

TweetShareSharePin0 Shares What will become of the expanded CTC? The more generous, monthly Child Tax Credit payments expired in December after Congress failed to agree on a Build Back Better bill to continue the expanded program. BBB foundered in part because Sen. Joe Manchin opposed a simple extension of the CTC. Now, Manchin says he’s

Eleventh Circuit Finds Regulation Invalid Under the APA

TweetShareSharePin0 Shares One of the most significant tax cases of 2020 was Oakbrook Land Holdings, a case involving a challenge to regulations in a conservation easement deduction dispute. In Oakbrook, the Tax Court held that the regulation was properly promulgated under the Administrative Procedure Act. In today’s guest post Monte Jackel of Leo Berwick discusses

Back to Business on the BBB; Tax Relief in States and Abroad

TweetShareSharePin0 Shares Congress returns this week to try again with the Build Back Better (BBB) Act. Preliminary estimates from the Joint Committee on Taxation indicate the Senate Democrats’ draft  $886 billion tax package would generate about $60 billion less in net revenue than the House version. The panel added exemptions for employer pension plans and

The Top Ten Procedurally Taxing Posts of 2021

TweetShareSharePin0 Shares Comment Policy: While we all have years of experience as practitioners and attorneys, and while Keith and Les have taught for many years, we think our work is better when we generate input from others. That is one of the reasons we solicit guest posts (and also because of the time it takes

It’s (A)Live! LITC Connect Is Up And Running (Sort Of!)

TweetShareSharePin0 Shares After nine months of gestation, the Center for Taxpayer Rights has a new offspring … the LITC Support Center.  Today, the Support Center’s website is live, including the “dating app” for LITCs and prospective volunteers, LITC Connect.  Yay!  And a huge sigh of relief. To recap:  since the days when I was the

2021 Year in Review – Administrative Matters Part 2

TweetShareSharePin0 Shares This part includes some Tax Court administrative matters in addition to those at the IRS.  Also included in this part is a reminder of the problems with the calculation of the statute of limitations on collection, changes to the FAQ policy and the new policy on offset in offer in compromise cases. Collection

2021 Year in Review – Cases

TweetShareSharePin0 Shares Despite the ability to access most courts only remotely for much if not all of the year, 2021 still produced a number of important tax procedure decisions.  Perhaps judges could produce more opinions because they did not need to travel or to hold lengthy in-person trials.  This post shows that not all cases

2021 Year in Review – Graev

TweetShareSharePin0 Shares Maybe it’s too much to devote one year in review post to a single issue, but Graev has dominated case decisions the past few years and maybe, maybe not, is on its way out.  As we reported and blogged about here, the now stalled Build Back Better legislation has a provision that will
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