Beneficial Ownership Reporting Temporarily Suspended
Earlier this week, the U.S. District Court for the Eastern District of Texas issued a nationwide preliminary injunction against the requirements
IRS v. “Professional” Video Poker Players
The U.S. Tax Court recently released a ruling against a Nevada couple, claiming the substantiation they provided was insufficient to deem
Favorable FBAR Ruling For Gamblers
Earlier this year, I touched upon the Bittner case, which addressed the maximum penalty for non-willfully filing FBARs. Is it $10,000 per year?
IRS Continues Use of "John Doe" Subpoenas
In an earlier post, I discussed the current legal fight of John Harper vs. the IRS. Although there is no conclusion to that case yet, “John Doe” subpoenas are
Jarrett Case Still Provides No Clarity on Taxation of Cryptocurrency Staking
The lawsuit brought on in the Jarrett case was dismissed by the U.S. Court for the Middle District of Tennessee on September 30, 2022. The court sided with the