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Lesson From The Tax Court: Forms Over Substance
(TaxProf Blog) - For every taxpayer there exists a correct tax liability. The goal of tax administration is to get to the substance of taxpayer’s transactions to determine that correct amount of taxes due. For those interested, I explore this idea...
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Ways to Stop Elder Financial Abuse Before It Starts
(JofA) - As Baby Boomers continue to enter their senior years in large numbers, law enforcement officials and CPAs expect to see more instances of elder financial abuse.
Cannabis and Taxation – Where We Stand Today
(CPA Practice Advisor) - To spare you the long and drawn out reasons why cannabis is taxed the way it is, I will summarize by going go back to 1982, when Congress passed IRC §280 E, which states...
This Airport Just Set a New World Record for Number of Flights Handled in a Day
(Fortune) - Mumbai International Airport handled a combined 969 flights on Friday. That’s more than any other airport that operates a single runway has ever handled over a 24-hour period.
7 Tips to Score the Best Deals on Cyber Monday
(CNET) - Missed Black Friday? Here's how you can ensure you have a more successful Cyber Monday.
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