tax Archive

Winning Boechler Took a Village

TweetShareSharePin0 Shares Today we welcome back retired blogger, Carl Smith.  Carl was the architect of the argument that time periods for filing a petition in Tax Court are not jurisdictional based on his reading of Supreme Court cases coming out in other areas of the law.  He worked with the Tax Clinic at the Legal

Supreme Court Decides Boechler Case

TweetShareSharePin0 Shares April 21, 2022 by Keith Fogg Leave a Comment 0 Flares Made with Flare More Info“> 0 Flares × The Supreme Court held 9-0 that the time for filing a petition in a Collection Due Process case is not a jurisdictional time period.  It

Missouri Tax Reform Could Give State Competitive Edge

TweetShareSharePin0 Shares Tax reform has become a major focus for state legislatures this session, and Missouri lawmakers are tuned in to the action: after adjusting individual income tax triggers in 2021, the legislature is exploring further tax reform options. Senate Bill 739 would create an additional tax trigger mechanism for the individual income tax, while

Losing Interest: Delayed IRS Assessments

TweetShareSharePin0 Shares Over the last two years I cannot count the number of times I’ve had to give extraordinarily unsatisfying advice to my clients. That advice being, “please wait.” Wait for the IRS to process your return. Wait for the refund to be issued. Wait for your Collection Due Process hearing. Of course, waiting can

Treasury equity action plan reports progress

TweetShareSharePin0 Shares While the individual income tax filing season ended Monday, Treasury and the IRS will continue gathering feedback as part of efforts over the past year and looking ahead to make the tax system more equitable and fair, according to Treasury’s Equity Action Plan: One Year Progress Report released last week. The report documents

EU VAT Reform: Benefits of Principled Tax Policy

TweetShareSharePin0 Shares “New own resources should fulfil the criteria of simplicity, transparency, predictability, and fairness.” One would think that the above recommendation came from a Tax Foundation report on principled EU own resources policy. While we would like to claim credit, the recommendation, rather, comes from the EU’s own 2016 Monti report and more recently,

SALT cap challenge is denied Supreme Court review

TweetShareSharePin0 Shares The U.S. Supreme Court declined Monday to review an appellate case that upheld the $10,000 limit on the amount of state and local taxes (SALT) that can be claimed as a deduction on individual federal income tax returns. The Court’s order list included a denial of certiorari for New York v. Yellen, No.
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