By Kat Lucero ( November 19, 2025, 3:35 PM EST) -- Even though the U.S. Tax Court upheld stiff penalties under the economic substance doctrine against an eye doctor's microcaptive arrangements, the opinion generally favored taxpayers by clarifying that …

… spouse’s errors or omissions. Tax Court ruled a dentist’s wife should … liability. However, the U.S. Tax Court found that, once an IRS … 2015, but as U.S. Tax Court Judge Mark Holmes observed, “This …

… tax court rejected the man's second amended complaint, the court ruled …

Crisp autumn air and changing leaves signal the arrival of the season of giving. While most people think of new toys, fruit baskets and ugly sweaters, you and your clients are planning intergenerational gifts to preserve wealth and legacy for generations. …

A recent Tax Court decision (Strieby v. Commissioner, T. … and therefore the passive activity rules under Code Section 469. The … advice. With evolving energy credit rules and IRS scrutiny, proper structuring …

Yesterday the Tax Court issued its much awaited opinion in Patel v. Commissioner. After the Court disallowed deductions attributable to Patel’s captive insurance arrangement, it ordered briefing on the applicability of the economic substance doctrine to …

… testimony The Opinion Judge Toro ruled that the burden of … a qualified appraisal. He ruled in favor of the IRS … gross valuation penalties. Those three rulings did not take up much … statement here: I hope the Tax Court starts levying substantial penalties on …

Tax case ruling adds further pressure On top … Court last week overturned earlier rulings and ordered Thaksin to pay … –2 months. The ruling reverses both the Central Tax Court and the Specialised …

… and landlords of strict substantiation rules COLORADO SPRINGS, CO, UNITED STATES … , no deduction was the resounding ruling. The opinion was blunt: “Petitioners … travel expenses.” “This is the Tax Court reminding everyone that poor recordkeeping …

… the U.S. Tax Court's latest ruling on the pricing of …