In a monumental opinion, the Tax Court recently held that the IRS lacks authority to assess penalties imposed by IRC § 6038(b)(1) or (2). In Fahry v. Commissioner, the
Continue Reading Tax Court Rules IRS Cannot Assess Certain International Reporting PenaltiesU.S. Tax Court to Begin Accepting Hand Deliveries on July 10
Following up our post earlier today that the Tax Court will resume receiving mail on July 10, 2020, the Tax Court has issued another announcement regarding its operations. Also beginning
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Tax Court Announces Resumption of Mail Delivery
Due to the COVID-19 pandemic, operations of the United States Tax Court have been severely impacted. The Tax Court’s building in Washington, D.C. has been closed since March 19, 2020,
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Tax Court Cancels All Trial Sessions Through June 2020
The United States Tax Court issued a press release today announcing that more trial sessions have been cancelled in light of the COVID-19 pandemic. All trial sessions through the end
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Tax Court Cancels March 2020 Trial Sessions Due to Coronavirus
The United States Tax Court announced today that in light of the growing threat posed by the coronavirus, it was cancelling the following upcoming trial sessions:
March 16, 2020: Hartford
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Chief Judge Foley Re-Elected Chief Judge of the United States Tax Court
The United States Tax Court announced earlier this week that Chief Judge Maurice B. Foley has been re-elected and will serve another two-year term beginning June 1, 2020. His current
Continue Reading Chief Judge Foley Re-Elected Chief Judge of the United States Tax Court
IRS Publishes Frequently Asked Questions About Resumption of Tax Court Cases Following Shutdown
As part of its continuing guidance to taxpayers and practitioners about how its resumption of activities following the government shutdown is impacting pending matters, the Internal Revenue Service has published
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United States Tax Court Will Reopen on January 28, 2019
According to a notice posted on its website over the weekend, the United States Tax Court will reopen for business and resume full operations tomorrow morning, January 28, 2019. The
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IRS Publishes FAQs Addressing Status of Tax Court Cases In Light of Government Shutdown
On December 28, 2018, at 11:59 p.m., the United States Tax Court closed its doors in light of the federal government shutdown, and has not reopened for business since then.
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Conservation Easements: A Year End Review
The IRS has been cracking down on conservation easement transactions for over ten years. Nevertheless, taxpayers have continued to claim charitable contribution deductions attributable to the donation of conservation easements
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