In Re Giacchi, on appeal to the District Court E.D. of Pennsylvania Good question. The answer can mean a great deal to a debtor trying to discharge a stale tax debt. Mr. Giacchi, hailing from Pennsylvania, sought out bankruptcy protection...
Beck v. Commissioner, T.C. Memo. 2015-149 Filed August 10, 2015. Certain states may have legalized medical marijuana but Federal law still lists it as a controlled substance. This means that medical marijuana dispensaries are still...
Two recent Tax Court opinions highlight the danger of ignoring the Internal Revenue Code 71 when handling spousal support issues. Christina Mehriary v. Commissioner, T.C. Memo 2015-126, issued July 9, 2015 Taxpayer tried to deduct the...
George Lawrence Starke v. Commissioner T.C. Summary Opinion 2015-40, Filed July 7, 2015 George Starke had an illustrious career in the NFL. During his time with the Redskins, he went to three Superbowls, including the Redskins 27-17 win...
In Devy v. Commissioner, T.C. Memo. 2015-110, a recent tax court opinion, Mr. Devy found out the hard way that his trust in his tax preparer, aptly named Tax Whiz, was misplaced. Tax Whiz prepared his return and claimed for him an...
With the recent disaster in Nepal people around the world are making donations to help the recovery effort. Sadly times like these draw scam artists who will form fake charities to take money from the unaware. If you are considering...
As a tax attorney I often hear the lament, "I can't file my taxes because I don't have the money!" Not having the money to pay your taxes is not great but IRS stormtroopers are not going to flood into your home to carry you off to some...
IRS notices are important. Inside the IRS lays out what it wants from you. Failure to open the letter means you may be giving up valuable rights. Don’t make this simple mistake – open the letter and read it!
T.C. Memo. 2015-1 Tulane Meredith Peterson v. Commissioner of Internal Revenue (Issued January 5, 2015) The Story Arcadia, California resident Tulane Peterson loved to fly. While licensed as an attorney since 1997, his first true and...
For the 2014 tax filing season, the Social Security Administration (SSA) has agreed not to seize an individual's tax refunds to pay back old debts. Since 2008, the SSA has been able to have the Treasury Department seize federal payments...
I have established this blog to provide information that I hope I helpful, informative, and sometimes irreverently humorous. Please enjoy! James D. Wade, Esq. Law Office of James D. Wade 39 Limerick Road, Unit 6U Arundel, ME 04046...
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