Resources

The Service has made it clear that if a Taxpayer fails to substantiate their charitable contribution with a satisfactory contemporaneous written acknowledgment (CWA), an otherwise valid charitable deduction will be...

In Mitchell v. Commissioner, T.C. Memo. 2026-102 (Sept. 30, 2026), the Tax Court ruled for taxpayers on a nearly $1,000,000 tax and penalty bill.  And the court did not even need to conclude that the tax reporting was...

A recent decision in by the U.S. Tax Court in Fine v. Commissioner, 167 T.C. No. 13(2026)  is a good reminder about the IRS assessment statute of limitations (SOL) and the impact of agreements to extend the assessment...

The IRS and Treasury recently issued Notice 2026-62, announcing increased scrutiny of certain sophisticated investment fund and tax-planning strategies. The notice focuses on transactions involving exchange-traded funds...

Land Donations To Charity  If a client has ever told you they’re “just donating the land outright” to a charity or land trust — no easement, no strings attached — you may have breathed a sigh of relief. Fee...