Orange County Tax Attorney Blog
What is the Value of a JD/MBA? An Attorney’s Take on Dual Law and Business Degrees. Before and after law school, many people consider attending business […]
When Are Legal Fees Deductible as Employee Business Expenses? In Guill v. Commissioner, 112 T.C. 325 (1999), the United States Tax Court succinctly explained the deductibility […]
What Actions Extend the Length of the IRS’s Time to Collect? Under the general rule, the IRS must collect taxes within 10 years of the date […]
Does the IRS Have Discretion to Apply Lower FBAR Penalties? On May 13, 2015, the IRS issued a memorandum to all IRS LB&I, SB/SE, and TE/GE […]
When Can I take Casualty Theft Losses On My Tax Return? Per 26 U.S.C. § 165(c) casualty loss deductions can be taken for theft. Per IRS […]
The Sixth Amendment to the Constitution provides that “[i]n all criminal prosecutions, the accused shall enjoy the right . . . to have the Assistance […]
On June 15th, Senate Bill (SB) 86 was passed. The bill was called the “Taxpayer Transparency and Fairness Act,” and the full text can be […]