Self-employed individuals and employees who work out of their home are allowed to deduct business expenses relating to part of their home.

In  many divorces,  retirement  plans  are  the  parties’  most  significant  asset.    

Pension benefits and retirement savings often constitute a client’s most valuable assets, and are viewed as a safety net. 

When an  S election is not filed, the corporation is treated as a C Corporation and its losses/gains are taxed to the corporation.  

The Affordable Care Act is part health law, part tax law.  

The NIIT applies at a rate of 3.8% to certain net investment income of individuals, estates and trusts that have income above the statutory threshold amounts.

Partnerships can grant profits interests or capital interests for services.  LLCs taxed as partnerships are proliferating.  

The Affordable Care Act is about to collide with the U.S. tax-filing season, adding frustration for millions of taxpayers trying to figure out how to comply and how much they will owe the government.   

In this article, I will attempt to identify those techniques which tax lawyers can use to gather the information necessary to make an informed decision regarding two critical questions: First, to what degree should the company cooperate with the government’s investigation? Second, at what point should counsel present facts and arguments in an attempt to dissuade the government from bringing criminal charges. This article will also discuss the various stages of review through which criminal tax cases must pass.