Showing posts with label Professional. Show all posts
Showing posts with label Professional. Show all posts
Wednesday, April 29, 2026

Lost Records, A Dead Professional And A Tax Audit

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  I admit I was suspicious when I read the following: The corporation had a bookkeeper during the years at issue, Robin Greenslade, who is...
Wednesday, October 23, 2024

Whose Job Is It Anyway?

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One of our accountants asked me recently: R:       Do you think [so and so] qualifies as a real estate professional? CTG: I do not kno...
Sunday, July 21, 2024

No Hiding Behind Preparer’s Error

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  Practitioners sometimes call it “falling on the sword.” There is likely a phone call to the insurance company beforehand. Something we...
Sunday, June 11, 2023

Gambling As A Trade Or Business

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  The question came up recently: How does one convince the IRS that they are a professional gambler? The answer: it is tough. But not im...
Monday, May 22, 2023

Tax Preparer Gives Gambler A Losing Hand

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  I am looking at a bench opinion. The tax issue is relatively straightforward, so the case is about substantiation. To say that it went o...
Sunday, June 5, 2022

Qualifying As A Real Estate Professional

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  The first thing I thought when I read the opinion was: this must have been a pro se case. “Pro se”” has a specific meaning in Tax Court:...
Sunday, December 6, 2020

Do. Not. Do. This.

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Here is the Court: With respect to petitioner’s Federal income tax for 2013 and 2014, the Internal Revenue Service … determined deficienci...