Stay updated with breaking news from Ncv Commissioner. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Last summer, the Supreme Court of the United States held that the 30-day time limit to file a Collection Due Process (CDP) petition is a non-jurisdictional deadline subject...
Decisions from the Ninth and Eleventh Circuits departed from the Tax Court’s analysis of Chai v. Commissioner. In Laidlaw’s Harley Davidson Sales v. Commissioner, the Ninth Circuit applied a textualist approach and held approval is required only before assessment of penalty.
Supreme Court rules in Boechler, P.C. v. Commissioner, the 30-day time limit to file a Tax Court petition for review of a collection due process determination is not a jurisdictional requirement.
Legislation pending in Congress would remove marijuana from the list of substances in the Controlled Substances Act, resulting in repeal of the income tax disallowance of deductions for marijuana businesses, currently unable to deduct business expenses
Legislation pending in Congress would remove marijuana from the list of substances in the Controlled Substances Act, resulting in repeal of the income tax disallowance of deductions for marijuana businesses, currently unable to deduct business expenses