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Case Summaries

Case Summaries S Corporations

A Texas landfill goes to Tax Court

August 24, 2017
Landfill photo by Celestine Ngulube via Unsplash.

A Texas couple recently won a novel U.S. Tax Court case involving tax deductions for landfills. The married couple operate a landfill outside of Austin using an S corporation which they co-own with relatives. The IRS disallowed deductions that the couple’s company took for future cleanup costs because the company is a cash-method taxpayer and the IRS contends that the deductions are only available to accrual-method taxpayers. The…

Case Summaries State Income Tax

How a dog helped a new Dallasite win his tax case

April 14, 2017
Dog photo by Brandon Day via Unsplash.

I have a new Texas tax article over at The Dallas Morning News — it’s about a New York tax appeal case involving Match Group CEO Gregory Blatt. Blatt moved to Dallas from NYC back in 2009 after becoming the CEO of Dallas-based dating site Match.com.Β Prior to that, he ran the legal department of Match’s parent company, IAC. Blatt wasn’t so sure that Dallas would suit his lifestyle,…

Case Summaries Federal Income Tax

Tax Deductions at the Ranch

March 31, 2017
Photo of a night sky at a ranch by John Moore via Unsplash

A Virginia woman is not responsible for a $30,467 tax deficiency assessed by the IRS according to a U.S. Tax Court Opinion summary opinion filed on Thursday. The case involves a Texas couple who moved to Purcellville, Virginia (an ex-urb of D.C.) in 2005 and built a home on a 5.5 acre plot of land. In addition to building their house, the couple also built a “run-in shed”…