Articles on Business Tax

Section 199A Rental Income Safe Harbor: Proceed With Caution By Leonard S. DeFranco Federal Taxation, December 2019 A look at the safe harbor requirement of the Qualified Business Income Deduction of the Tax Cuts & Jobs Act of 2017.
U.S. Supreme Court may end web retailing as we know it By Stanley R. Kaminski State and Local Taxation, May 2018 Last month, the U.S. Supreme Court heard oral arguments in South Dakota v. Wayfair, Inc. The outcome of this case may affect the manner in which small businesses can solicit orders and sell merchandise online.
IRS and Tax Court penalize corporate taxpayer for using in-house professional tax return preparer By Philip D. Speicher Federal Taxation, February 2012 In the recent case of Seven W. Enterprises, Inc., & Subsidiaries, et. al. v. Comm’r, the Tax Court affirmed accuracy-related penalties proposed against a corporate taxpayer even though the taxpayer relied on the advice of an employee who is both a CPA and licensed tax attorney.

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