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Just think of all the oil and gas millionaires who are claiming percentage depletion long after their basis has been reduced below zero.
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I admit, I had to look it up when a Tax Court opinion was released yesterday that says it does not apply to tax penalty cases. No, you’re not entitled to a jur...
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https://www.irs.gov/pub/irs-prior/f1120s2010.pdf But it sounds like something a state requires, so are you also looking for the state form? Which state?
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I think other practitioners have recommended a 1:2 ratio to avoid audits. You will have to do a lot of research to find any cases where IRS took something like ...
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Entrepreneurs are often the last ones to get paid even in an established business. I don't think you are going to find any comps, for owner/employees. And why d...
