John R. Dundon II, EA

Earth visible from Mars' surface, labeled.

A Brief Introspection of Repair vs. Improvement: IRS Revenue Procedures 2014-16 and 2014-17

06/26/2014
That's right Y'all this is another one of those quite game changers for owners of...
1031 Exchange / Business Expense / Depreciation / Rental Real Estate / Sole Proprietor / Tax Abuse / Tax Guidance & Preparation / Tax Problems & Requests
Vibrant sunset over field of flowers.

US v. Clarke SCOTUS Decision Favors Taxpayers

06/23/2014
The SCOTUS clarified the11th Circuit Court of Appeals in the United States v. Clarke Et....
Audit Reconsideration / Business Expense / IRS Enforcement / IRS Examination / Tax Abuse / Tax Court / Tax Deductible Expenses / Tax Guidance & Preparation / Tax Preparer / Tax Problems & Requests / Tax Relief
Sunset over a field of sunflowers.

IRC 1014 & the Significance of Stepped Up Basis in Estate Planning

06/17/2014
According to Internal Revenue Code Section 1014 the basis of property acquired from a decedent...
Basis / Estate Tax
Businessman signing documents at a desk.

Defending Against Alter Ego Allegations

06/10/2014
What is an "alter ego" allegation? Aside of course being one of several nuanced yet...
Alter Ego / Sub-chapter S / Tax Abuse / Tax Deductible Expenses / Tax Fraud / Tax Guidance & Preparation / Tax Preparer / Tax Problems & Requests / Tax Relief / Trusts / Uncertain Tax Position / United States Treasury
Person working with tablet and calculator.

IRC 7216 Disclosure Issues to Consider When Selling Your Practice – Start With A Tight NDA

06/04/2014
As many of you know who follow this blog I have served in the past...
Disclosure / Enrolled Agent / Partnership / Small Business / Sole Proprietor / Sub-chapter S / Tax Guidance & Preparation / Tax Preparer
Sunrise over mountains and reflective lake.

Tangible Assets Used In Converting Corn To Fuel Grade Ethanol Are Properly Included In Asset Class 49.5

05/29/2014
A certain important person in my reality - my wife - is becoming increasingly interested...
Asset Classification / Depreciation / Husband/Wife / Tax Guidance & Preparation / Tax Problems & Requests / Uncertain Tax Position
Sunset creating fiery waterfall illusion.

Buying or Selling Business Assets – Remember to File IRS Form 8594 & Avoid Future Headaches

05/21/2014
Buying or Selling Business Assets - Remember to File IRS Form 8594 & Avoid Future...
Asset Classification / Business Structure
Dragonfly silhouette at sunset with web.

Decoding the IRS – Document 6209

05/18/2014
Understanding what you are up against with the IRS can be frustrating on many levels....
IRS Appeal / IRS Audit / IRS Centralized Insolvency / IRS Collections / IRS Enforcement / IRS Examination / IRS Levy / IRS Lien / IRS Mediation / IRS Penalties / IRS Penalty and Interest Abatement / IRS Transcript / Statutory Notice of Deficiency / Tax Guidance & Preparation / Tax Problems & Requests / Tax Relief
Moonlit beach between towering cliffs at night.

Taxation of Social Security Benefits

05/13/2014
A good friend of mine, Bruce Larsen of Presidential Brokerage recently published an outstanding report...
Pension Plan / Retirement / /
Mountain landscape with autumn trees and road.

Form 5500 Pension Plan Penalty Filing Relief

05/12/2014
For those of you like me presently wrestling with this issue the IRS recently came...
Form 5500 / IRS Enforcement / Penalty / Pension Plan / Tax Guidance & Preparation / Tax Problems & Requests

Recent Posts

Categories

Archives