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 taxpayerâs transactions to determine that correct amount of taxes due. For those interested, I explore this idea...
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Cannabis and Taxation â 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...