In a recent case before the United States Tax Court, a married couple who improperly deducted one-half of their alleged self-employment tax for two years was denied this deduction. The husband was a Certified Public Accountant who ran an accounting…
August 14, 2020
In a recent Tax Court case, the taxpayers rolled over their retirement funds into an IRA. They instructed the IRA to buy stock in a newly-formed corporation that would acquire a business run by the taxpayers. The taxpayers relied on…
April 13, 2016
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