Easement Donor Had Sufficient IRS Appeals Access, Tax Court SaysA Tennessee conservation easement donor had ample opportunities to contest a disputed land valuation before going to court, a federal judge ruled Tuesday, even though the IRS paused the case after their appraiser was indicted.Bloomberg Tax News16d agoWhole story →Economytax court ruling
U.S. Tax Court Sustains IRS Denial of Federal Tax Lien WithdrawalThe U.S. Tax Court held that the IRS did not abuse its discretion in denying a taxpayer’s request to withdraw a Notice of Federal Tax Lien under I.R.C. §6323(j). The ...Bloomberg Tax News20d agoWhole story →Economytax court ruling
U.S. Court of Appeals Rules Foreign Tax Credit Not Available for NIIT (Case 2 of 2)The U.S. Court of Appeals for the Federal Circuit reversed the Federal Court of Claims, finding that the taxpayer was not entitled to a foreign tax credit to offset his ...Bloomberg Tax News20d agoWhole story →Economytax court ruling
